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NZD/JPY Price Analysis: Bears extend their control, aiming for 87.00

The NZD/JPY pair has maintained its bearish stance, extending the selloff that started in Tuesday's session.
New
update2024.09.07 06:52

NZD/USD Price Analysis: Bearish bias emerges as pair plunges

The NZD/USD pair has been trading lacklusterly within a narrow range, but Friday's sharp decline has shifted the technical outlook to bearish, at least for the short-term, shedding more than 0.80% at the end of the week.
New
update2024.09.07 06:23

Silver Price Forecast: XAG/USD plummets over 3% below $28.00

The Silver price plunged late in the North American session, down over 3%, and traded at $27.89 after reaching a high of $29.11.
New
update2024.09.07 05:30

USD/JPY Price Forecast: Downtrend resumes boosted by falling US yields

The USD/JPY extended its losses late on Friday's North American session, bolstered by the losses of the yield of the US 10-year T-note.
New
update2024.09.07 05:14

Gold retreats from near record high as Fed rate cut speculation grows

Gold retreated after failing to test the all-time high of $2,531 and diving more than 0.80% late in the North American session.
New
update2024.09.07 04:19

Dow Jones Industrial Average falls again after NFP figures undershoot forecasts

The Dow Jones Industrial Average (DJIA) shed 400 points on Friday after US Nonfarm Payrolls (NFP) came in below expectations, alongside a downard revision to previous figures.
New
update2024.09.07 03:27

Australian Dollar declines on Friday despite hawkish RBA

The AUD/USD declined by 0.85% in Friday's session, now hovering near the 0.6700 level following the release of the US Nonfarm Payrolls (NFP) report for August.
New
update2024.09.07 03:21

Mexican Peso drops on political uncertainty despite soft US NFP data

The Mexican Peso depreciated against the American currency on Friday after the US Nonfarm Payrolls (NFP) report spurred volatility in the bond market.
New
update2024.09.07 02:37

US Dollar holds steady after mixed NFPs

The US Dollar Index (DXY), a measure of the US Dollar against a basket of six currencies, recovered its footing on Friday after the release of August Nonfarm Payrolls (NFP) data came in mixed.
update2024.09.07 01:43

Fed's Goolsbee: There is an overwhelming Fed consensus for multiple rate cuts

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that Fed officials are finally beginning to catch up with the broader market's view that the time has come for movement from the US central bank on policy rates, but downplayed discussion of a larger opening cut in September.
update2024.09.07 01:20

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