THE US DOLLAR REGAINS ITS STRENGTH AFTER THE RELEASE OF IMPORTANT ECONOMIC DATA
The US dollar saw a significant rebound during Thursday's trading.
The recovery followed the release of key economic data, particularly the US producer price index.
The data raised questions about the Federal Reserve's future actions regarding monetary policy.
NZD/USD STRENGTHENS ABOVE 0.5950 AMID HOPES FOR US-CHINA TRADE DEAL The New Zealand Dollar (NZD) has gained momentum against the US Dollar (USD), with the NZD/USD pair trading around 0.5980 during the Asian trading hours on Wednesday. U.S. Treasury Secretary Scott Bessent described the ongoing
USD/CAD TRADES HIGHER NEAR 1.3850 DUE TO POTENTIAL DE-ESCALATION OF ONGOING TARIFF DISPUTE The USD/CAD currency pair has rebounded from two consecutive sessions of losses, trading near 1.3830 during Asian hours on Wednesday. This upward movement is attributed to renewed support for the U.S. dollar
USD/CAD PRICE FORECAST: HANGS NEAR MULTI-MONTH LOW; SEEMS VULNERABLE AROUND 1.3800 The USD/CAD currency pair has recently been trading near the 1.3800 mark, reflecting a multi-month low. The pair faces challenges in capitalizing on a brief bounce from the 1.3780 region, its lowest point in
GBP/USD REMAINS STRONG NEAR 1.3370 AMID US ECONOMIC SLOWDOWN AND FED POLICY UNCERTAINTY The pair is maintaining its position around 1.3370, reflecting investor confidence in the British Pound amid a weakening U.S. Dollar. Concerns over a potential slowdown in the U.S. economy are contributing to