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3 hours ago
AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals
The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.09 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook remains constructive, with several key indicators aligning to support the pair’s upward trajectory.
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3 hours ago
AUD/USD steadies as traders await RBA decision
The AUD/USD pair is trading around the 0.6400 level during European trading hours on Friday, reflecting a broadly neutral tone as traders await the Reserve Bank of Australia (RBA) interest rate decision next week.
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3 hours ago
Silver Price Forecast: XAG/USD slips as US yields rebound, hovers below $32.50
Silver prices edged lower on Friday, with losses of over 1%, set to end the week on a negative note amid rising US Treasury yields, which staged a comeback late during the North American session. The XAG/USD trades at $32.26 after hitting a daily peak of $32.68 at the time of writing.
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4 hours ago
Moody's downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
Moody's Ratings agency downgraded the US's sovereign debt credit rating after the market close on Friday. According to Moody's, the US is facing rising debt funding costs that far exceed those of similar government debt loads.