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World FX news

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NZD/USD Price Analysis: Bullish momentum picks up, buyers rejected at the 100-day SMA

At the end of the week, the NZD/USD rallied to around 0.6050, up by 0.80%.
New
update2024.05.04 07:11

EUR/USD breaks above recent congestion as US NFP miss drives down Greenback

EUR/USD drove into a fresh weekly high on Friday, breaking above recent congestion after a broad miss in US Nonfarm Payrolls (NFP) labor and wages figures that reignited broad-market hopes for an accelerated path towards Federal Reserve (Fed) rate cuts.
New
update2024.05.04 06:47

Silver Price Analysis: XAG/USD test key resistance levels amid uptrends

Silver price uptrend continued during the week despite registering losses of around 2.40%.
New
update2024.05.04 05:41

USD/NOK dives on weak NFP figures from April

The USD/NOK pair is trading at 10.861, exhibiting a decline of 1.19% on Friday's session.
New
update2024.05.04 04:55

GBP/JPY flounders near 192.00 after suspected BoJ interventions flatten markets

GBP/JPY is trading flat near the 192.00 handle after the Bank of Japan (BoJ) is suspected of directly intervening in FX markets to prop up the battered Japanese Yen (JPY) twice in two days earlier this week.
New
update2024.05.04 04:49

USD/JPY Price Analysis: Bears charge helped by intervention rumors, eye 152.00

The USD/JPY dropped for the third straight day and accumulated losses of more than 3.40% in the week after a suspected intervention by the Bank of Japan (BoJ) on Monday.
New
update2024.05.04 04:27

EUR/JPY Price Analysis: Bearish indications dominate and sellers consolidate below the 20-day SMA

The EUR/JPY pair declined to 164.72 on Friday, reflecting subtle bears' influence with daily losses.
New
update2024.05.04 03:36

Gold price retreats from daily highs as US NFP dampens demand

Gold erased its earlier gains on Friday after the US Bureau of Labor Statistics (BLS) revealed that Nonfarm Payrolls for April missed estimates, depicting a cooling jobs market.
New
update2024.05.04 03:21

Dow Jones Industrial Average climbs over 400 points on volatile NFP Friday

The Dow Jones Industrial Average (DJIA) climbed 1.15% on Friday after a broad miss from US Nonfarm Payrolls (NFP) and other key labor data revealed a steep weakening in the US domestic economy, sparking increased bets of rate cuts from the Federal Reserve.
New
update2024.05.04 02:47

Mexican Peso struggles as US economic data fuels Fed rate cut speculation

The Mexican Peso failed to hold to earlier gains versus the US Dollar on Friday after a softer-than-expected employment report in the United States (US) reignited speculation that the Federal Reserve (Fed) might lower interest rates as the jobs market weakened.
New
update2024.05.04 01:55

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