The EUR/USD currency pair is one of the most closely watched exchange rates in the foreign exchange (forex) market. This pair represents the value of the euro relative to the US dollar. As of now, the pair is trading around 1.0692, which reflects a...
The New Zealand Dollar (NZD) is facing strong selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to hold above its key 20-day simple moving average (SMA). This critical support level has been rejected four times this week...
The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...
Fundamental Analysis Tuesday's gold price (XAU/USD) moves higher despite the declining value of the US dollar. The US Purchasing Managers Index (PMI) was higher than anticipated last week, which caused Federal Reserve (Fed) policymakers to postpone...
EUR-AUD PAIR ANALYSIS The release of the Australian CPI news made EURaud move aggressively today. Data that exceeded expectations made the Aussie dollar strengthen further against the euro. It seems that Australian inflation is still high. In this...