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NZD/USD pares gains after weaker NZIER Business Confidence, stays near 0.6040 Today, the NZD/USD pair retreated from its recent gains following the release of disappointing NZIER Business Confidence data, hovering close to the 0.6040 level. The New Zealand Institute of Economic Research (NZIER) Bus...

USD/CAD trades with positive bias amid stronger USD, bullish Oil prices to cap gains Today, the USD/CAD currency pair is showing a tendency towards upward movement, reflecting a positive bias in the United States Dollar (USD) against the Canadian Dollar (CAD). This trend is primarily attributed to ...

USD/CAD could halt losing streak amid a stronger Greenback, clings to 1.354 Amidst a backdrop of fluctuating market dynamics, the USD/CAD currency pair appears poised to arrest its recent downtrend. This potential reversal comes as a result of a resurgent US dollar, bolstered by various factors str...

Gold price extends its consolidative price move below $2,200 mark The gold market has continued its trend of consolidative price movement, with prices lingering below the significant psychological threshold of $2,200 per ounce. This recent development reflects the cautious sentiment prevailing amon...

Australian Dollar grapples to extend gains, China’s Xi Jinping to meet with US executives Today, the Australian Dollar faces a tug-of-war as it struggles to sustain recent gains amidst market uncertainties. With a backdrop of economic data releases and geopolitical tensions, investors are closely m...

Gold fails to capitalize on falling yields amidst US Dollar rebound Today, gold struggled to capitalize on the declining yields as the US dollar staged a rebound. Despite the initial optimism surrounding falling bond yields, which typically boost the appeal of non-yielding assets like gold, the pre...

Gold price is pressured by modest USD strength; Fed rate cut bets to limit losses Today, the price of gold faces downward pressure due to a modest strengthening of the US dollar. As the dollar gains traction, it typically diminishes the appeal of gold as an alternative investment, leading to reduce...

GBP/USD Price Analysis: The immediate upside barrier is seen at the 1.2800 mark, BoE rate decision looms Today, GBP/USD faces a crucial juncture as it approaches the immediate resistance at the 1.2800 mark. The pair has been grappling with volatility amid uncertainty surrounding the Bank of England...

Gold price extends the range play above $2,150 level ahead of the key FOMC decision Gold price (XAU/USD) continues with its struggle to gain any meaningful traction and remains confined in a range, above the $2,150 level heading into the European session on Wednesday. The robust US consumer and pro...

Gold price flat-lines above one-week low, awaits the crucial Fed decision on Wednesday Today, the gold market remains stagnant, hovering above a one-week low as investors await the pivotal Federal Reserve decision slated for Wednesday. With all eyes on the Fed’s upcoming announcement, gold prices h...