NEWS | 2 minutes ago | By Omkar Godbole Share on Twitter Share on Facebook Share on Linkedin NZD/USD in statsis as daily chart shows uptrend fatigue. A pullback to widely-followed SMA support may be seen. NZD/USD is currently trading in a sideways manner near 0.6975, having faced rejection at the psychological hurdle of 0.70 on Tuesday. The 14-day …
NZD/USD Price Analysis: Sidelined after rejection at 0.70 Baca Selanjutnya »
NEWS | 2 minutes ago | By Omkar Godbole AUD/NZD drops to the lowest level since April 14. New Zealand proposes adding house prices to central bank remit, sending the NZD higher. The bid tone around the Kiwi strengthened, pushing AUD/NZD down to multi-month lows after New Zealand’s government proposed amending the Reserve Bank of New Zealand’s remit to …
AUD/NZD hits 7-month low on RBNZ house price news Baca Selanjutnya »
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Gold off lows, but on track for the fifth straight daily decline. Likely end to Fed’s virus response program weighs on the risk tone. All eyes on stimulus chatter and US covid statistics. NEWS | 19 minutes ago | By Dhwani Mehta The recovery in gold (XAU/USD) from weekly lows of $1852.80 has regained traction in the Asian trades …
USD/JPY continues to find pressures on rallies and bears stay in control. An underbelly of risk-off is supporting the yen due to the rise in global covid cases. NEWS | 24 minutes ago | By Ross J Burland USD/JPY lost -0.3% overnight and fell to 103.65 before it ran to test the 104 figure ahead of the Tokyo open, …
USD/JPY bears stay on top despite dollar’s spike Baca Selanjutnya »
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Gold (XAU/USD) extends its bearish streak into the third straight day on Wednesday, although remains in a familiar range below $1900. Markets weigh in the optimism over the promising vaccine results against the back drop of the coronavirus surge and new restrictions announced globally. The US dollar find its foot as covid fears resurface and …
Gold”s immediate bias is neutral with prices trading within Monday’s range. Monday’s high is the level to beat for the bulls. Gold created a long-legged Doji candle on Monday, implying indecision in the market. The metal is currently trading near $1,890 per ounce. The immediate bias would remain neutral as long as prices are held …
AUD/JPY is mildly bid after Friday’s Doji candle. A close above the Doji candle’s high is needed to confirm bull revival. AUD/JPY is currently trading near 76.22, representing a 0.25% gain on the day. The pair created a classic Doji candle on Friday, signaling indecision in the market and making Monday’s close pivotal. A close …
Former Chinese Finance Minister Lou Jiwei expressed his view on the likely US-China trade relationship on Biden’s presidency. Key quotes “Even if Biden is president, US-China trade frictions won’t necessarily be eased. “ “Financial institutions should be determined to deleverage debt levels in an orderly manner, prevent debt-fuelled recovery.” “It is time to study the …
