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Focus on NZDUSD! Exciting trading possibilities are just around the corner. The NZDUSD pair is usually called the “Kiwi,”. It denotes the exchange rate between the New Zealand dollar and the US dollar. It is usually regarded as one significant indicator of the economic activities between New Zealand and the United States. Commodity prices, tourism, […]

The post News of the Week (August 12— August 16): NZDUSD Market Review appeared first on Action Forex.

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19/03/2024

USD/JPY: JPY Continued to Sell Off After BoJ Put Historic End to Negative Rate Regime

No clear forward guidance and “shadow accommodative vibes” in BoJ’s latest monetary policy led to a continuation of the rally in USD/JPY (JPY sell-off). Cautious now for USD/JPY bulls as it is now resting at the 20/151.95 major resistance zone where both verbal and real FX intervention has occurred in the past. BoJ Governor Ueda’s […]
07/08/2024

Brent Oil Price Analysis: Anticipating a Correction

Brent crude oil’s price increased to 76.88 USD per barrel on Wednesday, continuing to rise for the second consecutive session. This rebound helps mitigate previous losses, which were part of a broader market risk aversion phase. Current market dynamics Investor concerns about energy supply disruptions are heightening due to political developments in Hamas and ongoing […]
16/02/2024

Sunset Market Commentary

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