NZD/USD: Bearish Control Persists, Short-Term Recovery Hints Emerge
On the daily chart, indicators show oversold conditions, signaling potential for a rebound. However, the hourly chart suggests…
Forex
Scotiabank Predicts Firm Support for GBP/USD Around Tuesday’s Low of 1.2668
GBP/USD experienced a slight slip, but the extent of losses remained limited despite the UK’s Consumer Price Index…
EUR/USD Moves Within Range Ahead of Fed Meeting
Ahead of the Federal Reserve’s meeting on Wednesday, EUR/USD has been fluctuating within the upper 1.0800s range. There’s…
Aussie should be able to make gains again in the coming weeks – Commerzbank
AUD/USD dropped after the Reserve Bank of Australia (RBA) removed its tightening bias. Economists at Commerzbank analyze Aussie’s…
ING predicts EUR/USD to Stay Within 1.0850/1.0900 Range for the Week
EUR/USD is currently hovering just below the 1.0900 mark, and analysts at ING have shared their insights on…
Pound Sterling Declines Amid Caution in Market Mood as UK GDP Growth Meets Expectations
The Pound Sterling (GBP) sees a decline as the UK’s monthly GDP and factory data match market expectations.…
USD/MXN rebounds to 16.80 as risk-off sentiment prevails before US CPI release
USD/MXN stops its streak of losses ahead of the release of US inflation data on Tuesday.Mexican Industrial Production…
Pause in US Dollar Sell-off Amid Focus on February Jobs Data
The US Dollar faced significant losses against major currencies for the second day on Thursday. Still, it stabilized…
USD/CAD: Potential Upside for the Loonie Ahead – Commerzbank
The Canadian Dollar, known as the Loonie, saw significant gains following the Bank of Canada’s (BoC) decision on…
Gold Holds Steady Near Multi-Month Highs Amid Fed Rate-Cut Expectations and Softening Risk Sentiment
The gold price has steadied near a multi-month peak after reversing an intraday dip on Tuesday. The commodity…