NZD/USD Price Forecast: Resumes the bullish trend and tests monthly highs around 0.5860
NZD/USD Price Forecast: Resumes the bullish trend and tests monthly highs around 0.5860
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NZD/USD Price Forecast: Resumes the bullish trend and tests monthly highs around 0.5860
Forex
The Pound to Canadian Dollar (GBP/CAD) exchange rate traded lower last week as UK political developments drove volatility while rising oil prices supported the commodity-linked Canadian Dollar. At the time of writing, GBP/CAD was trading at CA$1.8861, down around 0.5% on the week.
Euro holds early recovery against US Dollar, focus is on ECB policy
Silver Price Forecast: XAG/USD bulls await breakout through trend-line hurdle near $57.25
Euro: Hawkish ECB tone could limit downside against US Dollar – Commerzbank
Summary:EUR/USD traded near 1.1440 after recovering from recent lows, supported by expectations that the European Central Bank could raise interest rates again in September. The euro's advance remains limited as escalating US-Iran tensions and oil prices above $90 increase safe-haven demand for the US dollar.
The Pound to Dollar (GBP/USD) exchange rate climbed to a two-month high last week as softer-than-expected US inflation weakened the US Dollar while speculation over the UK's next Chancellor boosted Sterling. At the time of writing, GBP/USD was trading around $1.3443, up approximately 0.3% on the week after slipping back from a high of.
Euro: Upside bias holds above key support against US Dollar – UOB
The Pound to Euro (GBP/EUR) exchange rate climbed to a 13-month high last week as speculation over the UK's next Chancellor boosted Sterling, although the pairing struggled to hold its strongest levels. At the time of writing, GBP/EUR was trading at €1.1761, up around 0.2% on the week.
USD/CAD Price Forecast: Tests 1.4000 after breaking below 50-day EMA
EUR/USD Price Forecast: Edges higher to near 1.1450 but remains capped below 100-day SMA
Saudi Arabia Gold price today: Gold steadies, according to FXStreet data
Philippines Gold price today: Gold steadies, according to FXStreet data
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Pound Sterling Price News & Forecast: GBP/USD trades on a flat note around 1.3450
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold and silver remain under pressure near key support levels as higher oil prices and stronger interest-rate expectations weigh on precious metals.
India Gold price today: Gold steadies, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold extends fragile recovery from monthly low on soft USD; upside seems limited