NZD/USD Tests 200-Day EMA as Traders Eye RBNZ Rate Path
The New Zealand dollar pushed above its 200-day EMA again on Wednesday, testing an area DailyForex analyst Christopher Lewis says...
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Sterling hits nine-week high above 1.3500 as UK GDP beats and the dollar slips
Sterling was the best-performing major currency on Wednesday, pushing GBP/USD to its highest level in nine weeks. A UK GDP...
GBP/USD Holds Above 1.3500 as Dollar Weakens on Soft Inflation
GBP/USD has cleared the 1.3500 barrier and is consolidating above a broken long-term descending trendline, a move analysts read as...
Aussie Rally to 0.7000 May Fade as Charts Flag Reversal Before US Retail Sales
AUD/USD retested 0.7000 as a softer US dollar followed this week’s cooler inflation data, lifting the pair 2% off its...
USD/CAD Near Four-Week Low as Soft US Data and Firm Oil Pressure the Dollar
USD/CAD is holding just under the mid-1.4000s after touching a four-week low, with softer US inflation data and firm crude...
