Gold Prices Dip as Fed Holds Rates Steady
Gold prices have declined, falling below $2,298 per ounce and reaching a nearly four-week low. This downturn coincides with the latest financial decisions and...
May 2, 2024
USDJPY Analysis – Yen Falls to 156 Against Dollar
The Japanese yen experienced another decline, falling to approximately 156 per dollar on Thursday. This drop comes after a brief rally to 153 per...
May 2, 2024
NZDUSD Analysis – NZ Unemployment Hits 3-Year High
The NZDUSD experienced a noteworthy uplift, crossing the $0.594 mark. This resurgence rectified the earlier losses of the week, driven by a weakened U.S....
May 2, 2024
AUDUSD Analysis – Aussie Climbs as Fed Holds Rates
The AUDUSD saw a notable increase, surpassing the 0.654 mark. This rebound comes as a recovery from earlier losses this week, primarily influenced by...
May 2, 2024
GBPUSD Stable at $1.25 Amid BoE Policy Expectations
The British pound has settled at around $1.253, influenced by hopes that the Bank of England (BoE) might adopt a gentler approach to monetary...
May 2, 2024
USDCNH Analysis – Factors Affecting Asian Currencies
USDCNH Analysis – The offshore yuan has recently dipped to approximately 7.24 against the dollar, influenced by the weakening of the Japanese yen. This...
April 26, 2024
