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NZD/USD May Rise As Technical Level, Chinese Trade Balance Shifts Into Focus
Forex - Published date: .
NZD/USD may be set to breakout as price contends with the resistance level of a Falling Wedge pattern. Meanwhile, Chines... Read more
USD/CNH Forecast: Yuan Loans Data May Show Chinas Appetite For Stimulus
Forex - Published date: .
The Chinese Yuan and Asia-Pacific equity markets may move on incoming March new loans data. Meanwhile, traders will be e... Read more
New Zealand Dollar Forecast: NZD/USD May Move Higher As Economic Optimism Grows
Forex - Published date: .
NZD/USD is recapturing some of its losses from March as traders grow more optimistic about the economic recovery followi... Read more
S&P 500 Forecast: Fresh All-Time High May Set Narrative For Q2 Trading
Forex - Published date: .
The S&P 500 broke above resistance to kick the second quarter off before the extended Easter weekend. Will the bulli... Read more
AUD/USD Pressured As Treasury Selloff Forecasts Stronger USD, Trade Data Eyed
Forex - Published date: .
AUD/USD is clinging to a vital support level after a rise in US Treasury yields bolstered the case for a stronger USD. T... Read more
Australian Dollar Forecast: AUD/USD Eyes Biden Speech, Economic Data
Forex - Published date: .
AUD/USD is trading against the neckline of a Head and Shoulders pattern and is likely set to see movement on today's PMI... Read more
Crude Oil Price Outlook: WTI May Rise As Saudi Arabia Shows Support To Extend OPEC+ Cuts
Forex - Published date: .
Crude Oil prices picked up early Wednesday after reports revealed that Saudi Arabia is willing to extend its voluntary c... Read more
Bitcoin Jumps To One-week High As Visa Pilots Crypto Settlement
Forex - Published date: .
Bitcoin jumped by as much as 6.3% during the European session to climb back above $58,000. The wider Bloomberg Galaxy C... Read more
S&P 500 May Face Volatility Into Quarter End, But Momentum Favors Upside
Forex - Published date: .
The S&P 500 appears primed to continue higher, even as unusual activity on Friday worried traders. Moreover, quarter... Read more
Dollar Roughly Flat But Close To 4-month Highs On Economic Optimism
Forex - Published date: .
Against a basket of six major currencies, the greenback stood at 92.7200, on track to close out the week with a gain of... Read more
Mexican Peso Gains On Banxico Rate Hold, Sending USD/MXN Towards Key Support
Forex - Published date: .
USD/MXN pushed lower as the Peso strengthened following a slightly less dovish Banxico rate decision. Meanwhile, traders... Read more
Is Bitcoin's 15% Retreat From Record A Sign Of Step Back In Retail Trader Mania?
Forex - Published date: .
The token is mired in its longest losing streak since December. The wider Bloomberg Galaxy Crypto Index is also struggl... Read more
NZD/USD Selloff May Continue As Vaccine Rollout Issues, Geopolitical Risks Rise
Forex - Published date: .
NZD/USD may continue to push lower as vaccine rollout issues continue to stress market sentiment. US equities fell after... Read more
Rupee Slips 12 Paise To Close At 72.55 Against US Dollar
Forex - Published date: .
At the interbank forex market, the domestic unit opened weak at 72.51 against the US dollar. During the session, it swu... Read more
AUD/USD Drops As Vaccine-Induced Worries Plague Economic Reopening Hopes
Forex - Published date: .
The Australian Dollar fell as concerns over the AstraZeneca vaccine raised by US regulators injected a sense of fear thr... Read more