Page 61 - Simple Moving Average News Today

EUR/USD gained traction during the European trading hours on Thursday but struggled to extend its rebound in the second half of the day as rising US Treasury bond yields supported the US Dollar (USD).

The high-impact Nonfarm Payrolls (NFP) data from the United States (US) will be published by the Bureau of Labor Statistics (BLS) on Friday at 13:30 GMT.

Nasdaq 100: Balancing Challenges and Hopes in the Stock Market

After posting three consecutive weekly gains to end 2023, Gold started the new year on the back foot and lost nearly 1% before erasing its weekly losses late Friday.

Price action around the Pound Sterling (GBP) was highly influenced by the US Dollar (USD) dynamics in the first week of the new trading year, while market participants continued to shrug off the holiday mood.

The AUD/NZD pair waffled on Wednesday, drifting from a near-term peak just below 1.0830 to sink back into familiar near-term lows near 1.0770, briefly testing into 1.0760 in early Thursday trading.

The USD/JPY drove higher on Wednesday as the US Dollar (USD), the day’s single best-performing currency clambered over the Yen (JPY), the day’s biggest loser.

EUR/USD staged a technical correction and stabilized below 1.0950 early Thursday after testing 1.0900 on Wednesday.

Gold price (XAU/USD) dived to a one-and-half-week low on Wednesday in the wake of rising US Treasury bond yields and a stronger US Dollar.

The Japanese Yen (JPY) loses traction on Thursday, following an Asian session uptick, and hangs near a two-week low against the US Dollar (USD).