New Zealand rate decision: RBNZ set to stand pat, with risks towards hike
The Reserve Bank of New Zealand (RBNZ) will convene its first monetary meeting of 2024 on Wednesday.
Source: fxstreet.com
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US Dollar set to close a stable week, as data doesn't give the Fed condifende to start easing
The US Dollar Index (DXY) is currently at 104.10, mildly higher thanks to stable conditions in the American economy.
Source: fxstreet.com
Gold edges down as expectations for early Fed's rate cuts wane
Gold price (XAU/USD) bounces back in Friday’s early New York session despite easing hopes of early rate cuts by the Federal Reserve (Fed).
Source: fxstreet.com
US Dollar back under pressure despite empty Friday calendar
The US Dollar (USD) is closing this week’s performance at a loss. A correlation with the risk sentiment and the fact that equities had a very upbeat week makes it clear that the US Dollar does not thrive when there is a risk on tone present in markets.
Source: fxstreet.com
EUR/USD extends the range play around 200-day SMA amid mixed fundamental cues
The EUR/USD pair attracts some dip-buying on Friday and seems to have stalled the previous day's retracement slide from the vicinity of the 1.0900 mark, or a nearly three-week high.
Source: fxstreet.com