NZD/USD Stabilizes Near 0.5600 Amid US Dollar Weakness, Strong China Data
NZD/USD halts its six-day decline, trading around 0.5600 during the Asian session on Monday. The Kiwi finds support as the US Dollar (USD) weakens following…
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Bearish Pressure on EUR/USD as US Treasury Yields Surge to Multi-Year High
After a brief rise to start the day, the EUR/USD currency pair retraced its gains and fell again. The pair hit a high of 1.0591…
USD/CAD Bounce Nears 1.3550 As Oil Falls to $81, Fed Inflation Monitored
As markets await Thursday’s top-tier US inflation indications, USD/CAD bids extend the early Asian session recovery from the weekly low. At press time, buyers of…
GBP/USD Subject to Moderate Bearish Pressure on First Trading Session of 2023
The GBP/USD currency pair went down to around 1.2050 in the early hours of the European morning. During the Asian session, it moved sideways in…