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2023-11-29
Reserve Bank of New Zealand leaves rates unchanged but suggests potential future tightening to tackle inflation, pushing NZDUSD higher. Buyers and sellers battle for control as market awaits the next move.
2023-11-28
The EURUSD pair is extending its range to the upside, with buyers pushing the price higher. Moving above key retracement levels, the pair is aiming for further gains, targeting swing area ceilings and showing strong bullish momentum.
2023-11-24
As the US 10-year yield moves higher, the USD is moving lower. That is not the normal relationship, but it is today.Technicals seem to be in play as the 10-year yield bounces off a key support area near 4.34%. Meanwhile, the USD is breaking to the downside against a number of the major currencies. So technicals seem to be the driving force behind the moves.
2023-11-20
Both the EURUSD and GBPUSD are making technical breaks to new highs as European traders exit for the day.
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