Buoyed by positive economic data and a weakening US dollar, the New Zealand dollar (NZD) is flexing its muscles against its American counterpart (USD). Early on Thursday during Asian trading hours, NZD/USD climbed to around 0.6145, fueled by New...
EUR-JPY PAIR ANALYSIS Observing the price movement of the EURJPY pair, it seems that it is testing resistance (R1) 169.82 so that it can continue the upward rally towards high prices of 170.84. However, there is the potential for the price to...
Yesterday, the price of Gold closed on a bullish note, experiencing an upward movement from 2335 to 2338. This rise marks a continuation of the bullish trend observed in recent sessions. Currently, Gold is testing the 2345 level, a critical point...
Last Wednesday, the EUR/USD currency pair experienced significant market activity that was predominantly influenced by sellers. These sellers exerted considerable pressure on the market, driving the price down in a bearish direction. Despite their...
The USDCHF jumped nearly 0.7% on Wednesday as the SNB cut the currency by another 25 points, reducing the interest rate to 1.25% from 1.5%. The central bank justified its decision by the fact that inflation continued to fall and economic growth...