NZD/USD Sees Modest Rebound; Focus Shifts to Fed Decision and NZ GDP Release
The NZD/USD pair climbed to 0.5785 during Monday’s North American session after hitting a yearly low near 0.5750 last Friday. The Kiwi’s gains were underpinned…
Posts Tagged: fed
USD/JPY Correction to Long-Term Trend Line
USDJPY has been in selloff mode following the BOJ intervention recently, but the pair could find buyers at the major support zone visible on the…
Bitcoin Escapes Correction Mode Post Fed’s Interest Rate Hold
Bitcoin broke out of its correction mode after the Federal Reserve maintained its key interest rate. The cryptocurrency market is hopeful after the FED’s move….
Republican Leaders Concerned Over Fed’s Moves on Stablecoin Regulation
Recent Fed actions that they believe could undermine significant legislative efforts to create a robust payment stablecoin regulatory environment have disturbed Republican leaders on the…
US Crude Firms Above $71 Despite Large Inventory Withdrawal
Crude oil futures firmed above $71 in the middle of the trading week, despite a substantial drawdown in US supplies. Oil prices have come under…
NZD/USD Holds Above 0.6100 in Bullish Triangle
NZDUSD is moving back and forth at 0.6130 on Friday morning, testing a two-day drop as traders look for new clues in a one-week-old bullish…
To Look For Potential Support, EUR/USD Bulls Are Eyeing The 0.9950/75 Area
As the market got nervous before the US Consumer Price Index (CPI) data, the euro dropped a lot on Wednesday and is still trying to…
EUR/USD Continues to Slide, Breaks Below the 0.9900 Level
The EUR/USD currency pair is close to 0.9900 in European trade. Putin’s military threat makes people worry about world politics. Risk aversion strengthens the US…