MARKET NEWS
XAU/USD hangs at 100DMA ahead of US data
XAU/USD hangs at 100DMA ahead of US data Gold prices have remained steady so far in Asian trading on Wednesday, hovering around the daily moving average (DMA). The shiny metal lacks a clear direction, in the absence of a new catalyst, as attention now turns to US CB consumer confidence data for more impetus. Persistent
Read moreThe NZD / USD have struggled to benefit from a modest rebound from its year-to-date lows and is stable around 0.6725
The NZD / USD have struggled to benefit from a modest rebound from its year-to-date lows and is stable around 0.6725 NZD/USD held around the 0.6725 region in the early European session, although it seems to be struggling to capitalize on the intraday bounce from the current year lows. The pair once again succeeded in
Read moreAUD/JPY remains important in 80.70S the risk-free market
AUD/JPY remains important in 80.70S the risk-free market AUD/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the
Read moreUSD/JPY holds near 113.60 on steady hand at BoJ
USD/JPY holds near 113.60 on steady hand at BoJ USD/JPY remains on the defensive as the European session approaches and was last seen trading near three-day lows, around mid-113.00. After struggling to find bullish acceptance above the 114.00 mark, USD/JPY sold off on Thursday and reversed the previous day’s FOMC move to monthly highs. A
Read moreWTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment
WTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment WTI flattened its biggest daily rise of the week at the beginning of Thursday, dropping 0.07% to $ 71.30 that day. The recent fall in black gold may be related to cautious market sentiment and various concerns prior to major central
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Australian Dollar Holds Steady as US Dollar Softens Ahead of PMI Data
Japanese Yen Weakens Below 152.00 Against USD, Hits Fresh Three-Month Low
US Yields Boost Dollar, Weaken Yen
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