USD/CAD Price Analysis: Bulls seek control over 1.3400 after the weekly low.
Near the 1.3360 level, or the weekly low reached on Wednesday, USD/CAD draws some buyers. A little decline in the price of crude oil weakens the Canadian dollar and provides some support for the pair. The USD's safe-haven reputation and…
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4 Global Market Updates- 8 February, 2023
In this article, we have covered the highlights of global market news about the EUR/GBP, AUD/USD, NZD/USD and USD/IDR. EUR/GBP: A break below 0.89 is unlikely to start a protracted downturn - ING EUR/GBP is circling the 0.89 level of support. The ING…
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USD/INR Price News: Fed Chair Powell, RBI Interest Rate Decision eyed, Indian Rupee steady around monthly high
Bulls pause after a three-day rise as USD/INR pushes higher towards the monthly top. In anticipation of Fed Chair Jerome Powell's speech, there is apprehension among traders about the Indian Rupee because of the RBI interest rate decision. A higher…
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4 Global Market Updates- 7 February, 2023
In this article, we have covered the highlights of global market news about the USD/JPY, EUR/USD, AUD/NZD and GBP/USD. USD/JPY Price Analysis: Price eases off 50% Fibo, while buyers remain optimistic above 132.00 For the first time in three days, USD/JPY grinds around the…
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NZD/USD is hovering at a one-month low, slightly over 0.6300, amid a stronger USD/risk-off mindset.
NZD/USD makes a minor rebound from a one-month low, but little more buying is seen. For the risk-averse Kiwi, a rising USD and the risk-off atmosphere operate as a headwind. The underlying environment favors the possibility of the pair's current…
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