Forex News Category

NZD/USD sellers attack 0.6800 as yields, New Zealand corona virus cases drop
December 29, 2021

NZD/USD sellers attack 0.6800 as yields, New Zealand corona virus cases drop NZD/USD maintained yesterday’s downtrend and dropped to 0.6800 during Wednesday’s Asian session. In doing so, the Kiwi pair discourages positive news regarding the coronavirus at home amid widespread pessimism about the virus. Stronger expectations of the Fed slated to raise rates in 2022

Read more
USD/CAD consolidates losses around weekly lows below 1.2800 as oil eases from monthly high
December 28, 2021

USD/CAD consolidates losses around weekly lows below 1.2800 as oil eases from monthly high USD/CAD is struggling to regain the 1.2800 level while healing yesterday during Tuesday’s Asian session. The loonies seem to be watching the end of the risk-on mood as well as the decline in the price of Canada’s main export, WTI crude,

Read more
XAU/USD hits $1,814 hurdle as Omicron weighs profits
December 27, 2021

XAU/USD hits $1,814 hurdle as Omicron weighs profits Gold (XAU/USD) shows slight gains around $1,810 on a dismal Monday morning. The yellow metal welcomed the weakening of the US dollar, as well as low Treasury yields to produce the latest gains around monthly highs, flashed on Dec. 17. That gives The US Dollar Index (DXY)

Read more
XAU/USD hangs at 100DMA ahead of US data
December 22, 2021

XAU/USD hangs at 100DMA ahead of US data Gold prices have remained steady so far in Asian trading on Wednesday, hovering around the daily moving average (DMA). The shiny metal lacks a clear direction, in the absence of a new catalyst, as attention now turns to US CB consumer confidence data for more impetus. Persistent

Read more
The NZD / USD have struggled to benefit from a modest rebound from its year-to-date lows and is stable around 0.6725
December 21, 2021

The NZD / USD have struggled to benefit from a modest rebound from its year-to-date lows and is stable around 0.6725 NZD/USD held around the 0.6725 region in the early European session, although it seems to be struggling to capitalize on the intraday bounce from the current year lows. The pair once again succeeded in

Read more