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NZD-USD_article image
  • admin
  • August 14, 2024
  • Market News

NZD/USD Under Pressure Following RBNZ Rate Cut

The NZD/USD pair extended losses on Thursday, trading below the 0.6000 level. The previous day’s surprise rate cut by the Reserve Bank of New Zealand (RBNZ) and...
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  • admin
  • August 13, 2024
  • Market News

Gold Consolidates After Recent Rally

Gold prices have pulled back slightly after reaching a key resistance level, following a strong rally driven by declining US Treasury yields and escalating geopolitical tensions. Investors...
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NZD-USD_article image
  • admin
  • August 12, 2024
  • Market News

NZD/USD Extends Gains, Targets 0.6040 Resistance

The NZD/USD currency pair continued its upward trajectory on Monday, climbing 0.30% to reach 0.6015. Technical indicators suggest a strengthening bullish trend, with the potential for further...
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  • admin
  • August 8, 2024
  • Market News

Australian Dollar Gains as RBA Maintains Hawkish Stance

The AUD/USD pair saw a notable increase, rising by 0.80% to 0.6580 on Thursday. This surge was primarily driven by the Reserve Bank of Australia’s (RBA) hawkish...
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  • admin
  • August 7, 2024
  • Market News

US Dollar Holds Strong Despite Easing Bets, Market Sentiment Shifts

The US Dollar (DXY) has shown resilience on Wednesday, supported primarily by a weaker Japanese Yen following cautious remarks from the Bank of Japan. Despite persistent market...
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  • admin
  • August 6, 2024
  • Market News

Gold Price Stabilizes Above $2,400 Amidst Middle East Tensions and Fed Rate Cut Bets

Gold price (XAU/USD) maintains its position above the crucial $2,400 mark in Tuesday’s European session, supported by a slight pullback in the US Dollar and Treasury yields....
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  • admin
  • August 5, 2024
  • Market News

GBP/USD Declines Amidst Market Turmoil, Breaking Below Key Support

The Pound Sterling (GBP) is facing pressure against the US Dollar (USD), trading below the 1.2800 level due to a widespread risk-off sentiment in the financial markets....
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  • admin
  • August 2, 2024
  • Market News

NZD/USD Shows Mild Uptrend as Bearish Pressure Eases

The NZD/USD pair, although still predominantly bearish, has exhibited a subtle upward trend towards the end of the week, reaching 0.5960. The formation of a handle-like pattern,...
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  • admin
  • August 1, 2024
  • Market News

Canadian Dollar Dips as US Recession Fears Spark Risk-Off Sentiment

The Canadian Dollar (CAD) declined against the US Dollar (USD) on Thursday due to a resurgence of risk aversion in the market, triggered by a misprint in...
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  • admin
  • July 31, 2024
  • Market News

Gold Price Surges Past $2,400 Amid Middle East Tensions and Fed Rate Cut Expectations

Gold prices (XAU/USD) have seen a strong upward movement in Wednesday’s European session, reaching near $2,420, as its safe-haven appeal increases due to escalating tensions in the...
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