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NZD/USD Price Analysis: Pair saw a volatile session, high near 20-day SMA then retreated

The NZD/USD saw a volatile session on Friday, initially soaring to a high around 0.5970 near the 20-day Simple Moving Average (SMA) before erasing all the gains towards 0.5850.

2024.11.16 06:48

Silver Price Forecast: XAG/USD remains bearish biased, dips below $30.30

Silver's price fell over 0.70% beneath $30.30 after robust US Retail Sales data suggested the Federal Reserve could gradually ease policy.

2024.11.16 06:31

Gold marks sixth-day of losses on Powell's slightly hawkish rhetoric

Gold prices extended their losses for the sixth straight day, set to achieve weekly losses of over 4%, the largest since September 2023.

2024.11.16 06:12

Canadian Dollar crumples even further on Friday

The Canadian Dollar (CAD) found fresh lows on Friday as broader markets continues to pivot into the safe haven Greenback.

2024.11.16 05:11

Australian Dollar finishes the week with a rebound as the USD eases

The AUD/USD pair rose by 0.20% to 0.6460 in Friday's session.

2024.11.16 05:08

Mexican Peso gains despite Moody's negative outlook

The Mexican Peso recovered some ground against the US Dollar during the North American session, shrugging off Moody's adjustment on Mexico's credit outlook and upbeat US Retail Sales data.

2024.11.16 04:41

Dow Jones Industrial Average tumbles over 350 points on Friday

The Dow Jones Industrial Average (DJIA) trimmed it's recent bull run, declining over 350 points and giving back roughly 0.85% as investors grapple with an increasingly uncertain future.

2024.11.16 04:28

Fed's Goolsbee: The Fed needs to focus on longer trends.

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that markets tend to overreact to interest rate changes, and that the Fed should maintain a slow and steady approach to reaching the neutral rate.

2024.11.16 04:11

US Dollar eases five-day winning streak on profit-taking

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, failed to secure a sixth consecutive day of gains in a volatile trading Friday.

2024.11.16 03:27

GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600

The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback.

2024.11.16 01:30

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