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Forex
NZD/USD rises above 0.5850 on narrower-than-expected trade deficit
NZD/USD gains ground to near 0.5880 in Friday’s Asian session. New Zealand recorded a monthly trade deficit of NZ$257 million…
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Forex
CAD ticks up after Thursday’s downfall ahead of Retail Sales data
The Canadian Dollar edges up after a sharp sell-off on Thursday. A sharp correction in the oil price dragged the…
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Metals
Silver Price – XAG/USD holds onto recovery move around $74, outlook remains grim
Silver price bounces back strongly to near $74.00; however, its outlook remains grim. Thursday’s sell-off in the US Dollar offered…
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Forex
EUR/USD corrects to near 1.1560 as USD gains ground
EUR/USD retraces to near 1.1560 from the weekly high of 1.1616 as the US Dollar gains ground. Diminished fears of…
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Forex
USD/JPY Price 20-day EMA acts as key support zone around 157.50
USD/JPY jumps to near 158.33 as the US Dollar regains ground after a sharp decline on Thursday. BoJ’s Ueda is…
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Forex
GBP/USD Price 38.2% Fibo retracement acts as key barrier near 1.3470
GBP/USD corrects to near 1.3400 from its weekly high of 1.3467 posted on Thursday. The BoE left interest rates on…
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Metals
Gold recovers some lost ground as Middle East tensions boost safe-haven demand
Gold price edges higher to around $4,725 in Friday’s early European session. Escalating tensions in the Middle East support the…
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Metals
Copper Heads for Third Weekly Drop
Copper futures rebounded to around $5.5 per pound on Friday after hitting multi-month lows in the previous session, supported by…
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Bonds
Australia 10-Year Bond Yield Holds at 5%
Australia’s 10-year government bond yield held around 5.0%, its highest level since July 2011, as investors continued to price in…
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Indices
NZX 50 Down 1.5% This Week as Growth Momentum Stalls
The NZX 50 dropped 62 points or 0.5% to close at 12,990 on Friday, marking losses for the second straight…
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