The price of gold surged to $2,378 on Thursday, but then retreated slightly after the US Bureau of Labor Statistics (BLS) released positive employment data. This data is typically seen as negative for gold prices, as it suggests a strengthening...
NZD/USD H1 ANALYSIS. The NZD-USD market all through May showed no significant developments. After successfully passing the 200 daily EMA line at the beginning of May, prices were observed consolidating for quite some time around the 0.6062–0.6147...
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...
EUR/USD ANALYSIS. The monetary business sectors saw a change in feeling on Tuesday, making the euro lose critical ground against the US dollar. Investors returned to the dollar as a safe haven as a result of positive US economic data, which...
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...