Moody's Ratings agency downgraded the US's sovereign debt credit rating after the market close on Friday. According to Moody's, the US is facing rising debt funding costs that far exceed those of similar government debt loads. Moody's specifically … [Continue reading]
NZD/JPY price analysis: Cross struggles to maintain upward momentum
NZD/JPY trades near the 85.70 zone with minor gains on Friday.The pair maintains a bearish outlook despite mixed technical signals.Key support is clustered below 85.60, with resistance near 86.00.The NZD/JPY pair is attempting to hold on to modest … [Continue reading]
Ethereum Price Forecast: ETH investors resume buying after intense profit-taking
Ethereum price today: $2,560Ethereum saw an exchange net outflow of nearly 230,000 ETH on Friday, its highest since March 7.Whales led the buying pressure with Abraxas Capital, expanding its holdings to 278,639 ETH.The high exchange outflows come … [Continue reading]
Dow Jones Industrial Average finds fresh weekly highs as investor sentiment holds firm
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs.Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment Index.Investors are hoping that more clarity will come from the Trump administration on … [Continue reading]
Mexican Peso set for weekly gains as weak US data offsets Banxico’s rate cut
Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data.Banxico cuts benchmark rate by 50 bps, but Peso holds firm as US data dents Greenback strength.U. of Michigan survey shows inflation expectations rising and … [Continue reading]
NZD/USD steadies near 0.5890 after data-driven rebound, but broader bias remains weak
The pair trades around 0.5890, snapping a two-day losing streak on stronger NZ inflation expectations and upbeat PMI.US sentiment dropped sharply, while soft inflation and retail data fuel Fed rate cut bets.Bearish bias holds; support at 0.5861 and … [Continue reading]
United States Total Net TIC Flows dipped from previous $284.7B to $254.3B in March
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Dow Jones Industrial Average climbs as investors disregard slump in consumer sentiment
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs.Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment Index.Investors are hoping that more clarity will come from the Trump administration on … [Continue reading]
NZD/USD edges higher as upbeat New Zealand data offsets cautious US Dollar tone
NZD/USD rises toward 0.5894, snapping a two-day losing streak while holding within weekly range.Stronger NZ Business PMI and higher RBNZ inflation expectations support the Kiwi.DXY trades flat ahead of US consumer sentiment data, as weak US … [Continue reading]
NZD/USD: Under mild downward pressure – UOB Group
New Zealand Dollar (NZD) is under mild downward pressure against the US Dollar (USD); it could drift lower and test 0.5855. In the longer run, outlook is mixed; NZD is expected to trade in a 0.5835/0.6030 range, UOB Group's FX analysts Quek Ser Leang … [Continue reading]