Tag: foreign exchange
Australian Dollar: On Defensive Near 0.6600 as Fed Plans Rate Cut
The Australian Dollar (AUD) continued its decline for the third day in a row on Monday, mainly due to the strengthening US Dollar (USD)....
Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area
The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies
The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...
EUR/USD Weakness: UBS Outlook on Downside Levels and Triggers
Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down....
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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss
Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...
