On Friday, the NZD/USD currency pair reached approximately the 0.6142 zone, presenting a less-than-ideal situation for buyers. This development signals a potential downturn, leaving traders and investors wary of the current market conditions. For...
NZD/USD Analysis Greetings and Good Morning to all Visitors! As we know the market of NZD/USD reached around the 0.6104 zone on Friday. It is not a better scenario for the buyers. So, they should hold the 0.6132 zone to come back into the market. By...
The British pound has been on a roll against the US dollar for the past three days. This upward trend is likely to continue in the near future, influenced by expectations of a weaker US dollar and a dovish Federal Reserve. The key factor driving the...
The Euro (EUR) took a hit against the US Dollar (USD) last Friday, closing at 1.0820 on the New York Stock Exchange. This decline came after positive US employment data for May surprised analysts. The report revealed a stronger-than-expected labor...
AUD/USD Drops to Around 0.6580 in Early Asian Trading: Early on Friday in the Asian trading session, the Australian Dollar (AUD) fell against the US Dollar (USD), with the exchange rate settling near 0.6585. Several important factors influenced this...