NZD/USD holds losses after China released its latest trade data, indicating a slowdown in external demand. China’s trade surplus shrank to CNY 689.99 billion in…
GBP/USD outlook: Key support zone remains under pressure ahead of US-UK trade deal announcement Cable holds in red on Thursday and pressuring key support zone…
Provided Pound Sterling (GBP) remains below 1.3335 against US Dollar (USD), it could edge lower to 1.3265. In the longer run, the current price movements…
NZD/USD may initially find support near the 50-day EMA at 0.5830. The 14-day RSI remaining above the 50 level suggests a sustained bullish bias. A…
EUR/GBP struggles on hopes that the Trump administration may soon announce a trade agreement with the United Kingdom. The BoE is widely expected to deliver…
New Zealand’s Prime Minister Christopher Luxon crossed the wires in the last hour, saying that the sharp deterioration of financial markets in early April has…
FOMC keeps rates unchanged for third straight meeting. Powell admits that risks to unemployment, inflation have risen. Powell noted negative survey data but says FOMC…
The Japanese Yen snapped a three-day winning streak against the USD on Wednesday. The US-China trade talks optimism is seen weighing heavily on the safe-haven…
The US Dollar Index retreats amid market jitters ahead of the Federal Reserve’s rate decision. US President Trump hints at possible changes to USMCA but…
Bullish view Buy the GBP/USD pair and set a take-profit at 1.3430. Add a stop-loss at 1.3150. Timeline: 1-2 days. Bearish view Sell the GBP/USD…