Australian Dollar drifts near yearly support as holiday trade thins
The Australian Dollar pair trades in a very tight range near the yearly support of 0.6200 in Friday’s session. The Aussie ...
NZD/JPY price analysis: Pair extends gains above 20-day SMA
NZD/JPY added a modest 0.20% on Friday, climbing to 88.90 and building on the gains seen since the pair broke above its ...
Forecasting the upcoming week: Global markets set to kick off the new year with a light data docket
USD/JPY is set to continue breaching into multi-month highs as the calendar rolls over into 2025. Japanese key data remains ...
Canadian Dollar continues its tepid stance on Friday
The Canadian Dollar (CAD) continued its soft stance on Friday, easing into familiar near-term lows and shedding one-quarter ...
Dow Jones Industrial Average sheds weight on risk-off Friday
The Dow Jones Industrial Average (DJIA) shed around 400 points on a quiet Friday. Most investors are still out of the markets on holidays and thin volumes have left the Dow Jones roughly a full ...
AUD/USD declines to 0.6215 amid muted trading and RBA dovish tone
The AUD/USD extended its losses as technical indicators remain in oversold territory. The Relative Strength Index (RSI) stands at 27, mildly declining, signaling persistent bearish momentum. The MACD ...
US Dollar advances as year-end caution lingers
The US Dollar stands on track for a near 7% annual gain as traders anticipate robust US growth and limited rate cuts in 2025, as Fed Chair Jerome Powell signals caution on further easing. Chinese ...