XAG/USD dips toward 50-day EMA near $37.00
[ad_1] Silver price may test the immediate support at the 50-day EMA of $37.11. The bearish bias strengthens as the…
Category: Forex News
New Zealand Dollar weakens ahead of RBNZ decision and Fed signals
[ad_1] NZD/USD hovers near 0.5900, down 0.40% intraday as the Greenback regains footing ahead of key macro events. The US…
Australian Dollar weakens as PBOC holds rates, US Dollar gains ahead of FOMC Minutes
[ad_1] The Australian Dollar holds losses after the People’s Bank of China decided to leave its Loan Prime Rates unchanged.…
UK inflation picks up to 3.8% YoY in July vs. 3.7% forecast
[ad_1] The United Kingdom’s annual CPI rose 3.8% in July vs. 3.7% estimated. British inflation declined to 0.1% MoM in…
AUD/NZD hits multi-month high after RBNZ’s dovish 25 bps rate cut
[ad_1] AUD/NZD regains positive traction and spikes to a fresh multi-month top. The RBNZ lowered OCR by 25 bps and…
Falls toward 0.5700 after RBNZ policy decision
[ad_1] NZD/USD may target its initial support at the lower boundary of the descending channel around 0.5770. The pair shows…
Governor Hawkesby speaks on interest rate outlook after the dovish RBNZ cut
[ad_1] Reserve Bank of New Zealand’s (RBNZ) acting Governor Christian Hawkesby presents the prepared remarks on the policy statement and…
Gold slumps on geopolitical developments, strong Dollar ahead of Powell’s speech
[ad_1] Gold tumbles as Trump, Zelenskiy and European leaders discuss possible negotiations with Russia. Safe-haven demand eases as speculation of…
Japanese Yen holds gains as BoJ-Fed divergence counters USD strengt
[ad_1] The Japanese Yen attracts dip-buyers after an unimpressive domestic data-inspired downtick. The divergent BoJ-Fed expectations continue to act as…
PBOC sets USD/CNY reference rate at 7.1384 vs. 7.1359 previous
[ad_1] On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at…