FxWirePro: AUD/USD uptrend gains momentum ,eyes 0.7000 level
Sep 30, 2024 03:46 am UTC| Technicals
AUD/USD gained strength on Monday as jump in iron ore prices and weaker greenback bolstered Australian dollar. Iron ore prices surged an impressive 10% on Monday, exceeding $110 per metric ton, providing a significant...
FxWirePro: NZD/ USD remains strong as weaker dollar, higher commodities prices provide support
Sep 30, 2024 03:08 am UTC| Technicals
NZD/USD strengthened on Monday as a softer greenback combined with higher commodities prices boosted kiwi dollar. On the data front, business confidence in New Zealand rose once more, According to the ANZ survey, a net...
FxWirePro: EUR/NZD downside pressure builds, key support levels in focus
Sep 27, 2024 20:05 pm UTC| Technicals
EUR/NZD slipped lower on Friday as softer than expected Spanish and French inflation figure weighed on euro. Harmonized inflation in France decreased to an annual rate of 1.5% in September, down from 2.2%. Meanwhile,...
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Sep 27, 2024 20:04 pm UTC| Technicals
EUR/NZD slipped lower on Friday as softer than expected Spanish and French inflation figure weighed on euro. Harmonized inflation in France decreased to an annual rate of 1.5% in September, down from 2.2%. Meanwhile,...
FxWirePro: EUR/AUD falls below 1.6200 level, bears keep the advantage
Sep 27, 2024 19:57 pm UTC| Technicals
EUR/AUD slipped lower on Friday as Friday saw downside surprises in French and Spanish inflation data. European data revealed that inflation in France and Spain increased less than anticipated, raising expectations...
FxWirePro: GBP/USD losses momentum but outlook is bullish
Sep 27, 2024 17:01 pm UTC| Technicals
GBP/USD slipped lower on Friday but downside was limited as investors digested U.S. inflation data. The personal consumption expenditures price index, the Federal Reserves preferred measure of inflation, increased by...
FxWirePro: USD/ZAR heads deeper into bear territory, bears plotting path toward 17.000
Sep 27, 2024 16:50 pm UTC| Technicals
The USD/ZAR fell further on Friday as South Africas rand extended gains against weaker the dollar amid improved risk appetite. South Africas rand has risen steadily since last weeks significant interest rate hike by...