Stay on top of your trading with analyses of the latest market news.
Key points: Aussie pinned at $0.6605: After retreating from $0.6667, the AUDUSD faces immediate support at $0.6592 and resistance at $0.6680. Kiwi eases to $0.6108: With resistance at $0.6170 and support around $0.6084, the NZDUSD reflects cautious trading. The Australian …
Key points: Spot gold falls to $2,330.44 per ounce. Strengthening US dollar and higher Treasury yields pressure gold prices. Traders focus on upcoming U.S. core PCE inflation data. This article is a follow up from: Gold rises ahead of key …
Key Points: Bank of Japan (BOJ) board member Seiji Adachi signals possible policy action if the Japanese yen falls excessively. Underlying inflation continues to trend toward 2%. BOJ to adjust monetary support based on economic, price and financial developments. On …
Key points: Dollar index (DXY) remains flat just above 104.50 EUR/USD and GBP/USD fail to break key levels U.S. consumer confidence rises unexpectedly in May The dollar showed little direction on Wednesday, despite the rise in the U.S. Conference Board’s …
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