Gold price attracts some intraday sellers following an Asian session uptick to the $3,250 area.Rising US bond yields undermine the commodity, though the downside remains cushioned.Reviving safe-haven demand, Fed rate cut bets, and a softer USD … [Continue reading]
New Zealand Producer Price Index – Output (QoQ) registered at 2.1% above expectations (0.1%) in 1Q
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]
AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals
AUD/NZD trades near the 1.0900 zone with minor losses on Friday.The pair maintains a bullish outlook despite mixed short-term signals.Key support is clustered below 1.0880, with resistance near 1.0920.The AUD/NZD pair is experiencing mild selling … [Continue reading]
AUD/USD steadies as traders await RBA decision
AUD/USD trades near 0.6400 with a cautious tone ahead of RBA rate decision.US consumer sentiment weakened, while inflation expectations climbed, adding to market uncertainty.Technical levels suggest support at 0.6399 and resistance near 0.6414, … [Continue reading]
Silver Price Forecast: XAG/USD slips as US yields rebound, hovers below $32.50
XAG/USD capped at $32.73 (50-day SMA), supported by 100-day SMA near $31.88 amid choppy trade.RSI flat near neutral; a break above $33.00 is needed to turn bias bullish toward $33.50–$34.51A drop below $32.00 may expose $31.65 and the 200-day SMA at … [Continue reading]
BONK price slides despite partnership with DeFi Development Corp to launch Solana validator
DeFi Development Corp announced a partnership with meme coin BONK to launch a Solana validator.DeFi Development Corp will operate the validator but will grow the stake alongside BONK and split rewards.BONK is down 4% following the … [Continue reading]
Moody’s downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
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]