NZD/USD recovers its intraday losses, extending its winning streak for the third successive session, trading around 0.6120 during the European session on Thursday.
Blogs
Tesla set to skid after missing on revenues and profits
Having found itself caught up in the big Nasdaq 100 sell off in 2022 as its share price fell from peaks of $400 to as low as $102 in 2022 the Tesla share price managed to rebound to just shy of $300 in the summer of 2023, before establishing a short-term base just above $190 […]
South Africa Producer Price Index (MoM) below expectations (-0.3%) in December: Actual (-0.6%)
South Africa Producer Price Index (MoM) below expectations (-0.3%) in December: Actual (-0.6%)
South Africa Producer Price Index (YoY) came in at 4% below forecasts (4.3%) in December
South Africa Producer Price Index (YoY) came in at 4% below forecasts (4.3%) in December
USD/TRY: Risk of a short-term pullback only on a break below 29.85 – SocGen
USD/TRY has established above the 30.00 level. Economists at Société Générale analyze the pair’s technical outlook.
USD/MXN stretches higher to 17.26 due to the market caution, US GDP Annualized eyed
USD/MXN retraces its recent losses as the US Dollar (USD) maintains its position in the positive territory despite the downbeat US Treasury yields.
German IFO Business Climate Index declines to 85.2 in January vs. 86.7 expected
The headline German IFO Business Climate Index declined to 85.2 in January from 86.3 in December.
Gold price hangs near weekly low ahead of US GDP, focus remains on US PCE on Friday
Gold price (XAU/USD) ticks higher during the Asian session on Thursday and reverses a part of the previous day's heavy losses to a multi-day low, albeit it lacks bullish conviction.
Germany IFO – Expectations came in at 83.5, below expectations (84.8) in January
Germany IFO – Expectations came in at 83.5, below expectations (84.8) in January
EUR/GBP: Initial Reversal Signals Need More Work at the Upside for Validation
<p><img width="416" height="261" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-eur-gbp3-e1600272819744.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>EURGBP ro