Here is what you need to know on Friday, May 23: The US Dollar (USD) struggles to hold its ground against its rivals on Friday…
XAG/USD slips from $33.70 to $32.95 despite early strength, down over 2.0% intraday. Stronger-than-expected US PMI lifts sentiment around the US Dollar. Technicals suggest bulls…
Pound Sterling retreats from three-year highs on expectations of a decline in the manufacturing sector. The US Dollar remains vulnerable ahead of PMI, Jobless Claims,…
Gold price surrenders intraday gains and falls to around $3,300 as the US Dollar finds temporary support. Mounting US fiscal deficit concerns keep the outlook…
The RBA cuts its Official Cash Rate by 25 bps, citing fading upside inflation risks and global headwinds. The Australian Dollar is pressured further by…
XAU/USD trades near $3,180, on track for a weekly loss of over 4%. Easing trade tensions and a stable geopolitical landscape reduce demand for the…
EUR/JPY slides toward 163.00, testing key support from the ascending trendline and the 200-day EMA. The Euro remains under pressure after Q1 GDP was revised…
NZD/JPY trades near the 86.50 zone, under pressure despite a broader bullish outlook. Momentum signals are mixed, with short-term averages supporting the upside but longer-term…
AUD/USD trades around 0.6435, down nearly 1% on the day. Early Asian gains erased as the pair weakens through European and US sessions. DXY rebounds…
GBP/USD slips modestly from weekly high as traders await UK GDP The Pound Sterling erases some of its earlier gains on Wednesday after reaching a…