The EURUSD rally that started after the September 28, 2022 low of 0.9535 made a new higher high at 1.1075, surpassing the February 2, 2023 high of 1.1320. It has not been a one-way street Read more…
Asian Indices: Australia’s ASX 200 index rose by 15.5 points (0.21%) and currently trades at 7,377.10 Japan’s Nikkei 225 index has risen by 19.2 points (0.07%) and currently trades at 28,512.62 Hong Kong’s Hang Seng Read more…
Japanese Yen continues its selloff in Asian session, remaining the worst performer in April thus far. The currency’s weakness is primarily driven by expectations of ongoing policy divergence between BoJ and other major central banks, Read more…
New Zealand’s service sector growth slowed down in March, with the BusinessNZ Performance of Services Index (PSI) declining to 54.4 from 55.8 in February. However, the index stayed above the long-term average of 53.6. BusinessNZ Read more…
EUR/USD: The Dollar Continues to Sink The DXY dollar index updated a 12-month low last week, and EUR/USD, respectively, rose to a maximum (1.1075) since April 04, 2022. The US currency has been falling for Read more…
EUR/USD: The Dollar Continues to Sink The DXY dollar index updated a 12-month low last week, and EUR/USD, respectively, rose to a maximum (1.1075) since April 04, 2022. The US currency has been falling for Read more…