Latest Market News

The New Zealand dollar, paired with the US dollar, is declining on Friday. The current NZDUSD exchange rate stands at 0.5882. Investors are avoiding risks, which affects the New Zealand dollar, among other factors. The geopolitical factor in the Middle East currently plays a significant role as the primary market catalyst. Moreover, the US Federal […]

The Japanese yen, paired with the US dollar, is not declining yet but does not appear strong. The current USDJPY exchange rate stands at 154.39. Bank of Japan governor Kazuo Ueda noted that the regulator might raise interest rates if the weakness of the Japanese yen leads to a sustained rise in prices due to […]

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave to 1.0585. A wave structure towards 1.0606 has been formed by now. A technical test of 1.0622 is expected today, followed by a decline to 1.0585. This is a local […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has broken the support line. In this situation, a breakout of the 1/8 (0.6408) level is expected, followed by a price decline to the support at 0/8 (0.6437). The scenario might […]

EURUSD, “Euro vs US Dollar” EURUSD is testing the lower boundary of the bearish channel. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0635 is expected, followed by a decline to 1.0510. An additional signal confirming the decline could be a rebound from the […]

The British pound, paired with the US dollar, attempted to recover but without success. The current GBPUSD exchange rate stands at 1.2437. Yesterday’s release of US retail sales data reduced the pound’s ability to recover from its sharpest decline since June. The UK will publish statistical data on the employment market on Tuesday and inflation […]