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swiss franc and U.S. dollar - USD/CHF
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Interestingly, after a strong decline, the U.S. Dollar found support near 0.8870

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Wibest – NZD USD: A close up of a New Zealand dollar coin.
Forex

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further

Wibest – Yuan: Yuan bills and coins
Forex

The Chinese yuan faces a hurdle as forex traders expect the currency

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Wibest – NZD USD: A close up of a New Zealand dollar coin.

NZD/USD Struggles at Key Resistance Levels

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement.  Cautious investor sentiment

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NZD/USD - New Zealand dollar bills.

NZD/USD Nears 0.5840 Amid Economic Slide

Quick Look: NZD falls to 0.5950. The bearish trend suggests a drop to 0.5840. Business NZ PSI contracts; BNZ forecasts a 2% GDP decline. The upcoming speech by Fed’s Lorie K. Logan is crucial for policy insights. Investors are

EUR/USD - Ahead Of The US CPI Release, The Dollar Rises On High Yields

March CPI Rises 3.5% YOY, Strengthening USD

Quick Look: US CPI rose by 0.4% month-over-month, with an annual increase of 3.5%. March’s Producer Price Index grew by 0.2% month-over-month and up by 2.1% yearly. ECB Holds rates, key rates unchanged; potential rate cut signalled by June.

Dollar and Swiss franc - USD/CHF

USD/CHF Drops 0.32%, Breaks Support at 0.9100

Quick Look: USD/CHF fell by 0.32%, breaking below the 0.9100 support. Despite a recent dip, the pair remains up 9.316% from the 52-week low. Key resistance points were identified at 0.9100 and 0.9147. Stochastic oscillator signals USD/CHF as ‘oversold’.

Chinese Yuan fell on Wednesday. Market is in a risk-off mood

PBOC Sets Yuan Rate at 7.0967 Amidst Turmoil

Quick Look: The yuan stabilized as the PBOC set the currency at 7.0967, aiming to stabilize market unrest. Hang Seng Index fell by 1.7%; the Shanghai Composite is slightly down by 0.1%. Company Stocks Fluctuate Notable drops in China

NZD/USD - New Zealand dollar bills.

NZD/USD Nears 0.5840 Amid Economic Slide

Quick Look: NZD falls to 0.5950. The bearish trend suggests a drop to 0.5840. Business NZ PSI contracts; BNZ forecasts a 2% GDP decline. The upcoming speech by Fed’s Lorie K. Logan is crucial for policy insights. Investors are

EUR/USD - Ahead Of The US CPI Release, The Dollar Rises On High Yields

March CPI Rises 3.5% YOY, Strengthening USD

Quick Look: US CPI rose by 0.4% month-over-month, with an annual increase of 3.5%. March’s Producer Price Index grew by 0.2% month-over-month and up by 2.1% yearly. ECB Holds rates, key rates unchanged; potential rate cut signalled by June.

Dollar and Swiss franc - USD/CHF

USD/CHF Drops 0.32%, Breaks Support at 0.9100

Quick Look: USD/CHF fell by 0.32%, breaking below the 0.9100 support. Despite a recent dip, the pair remains up 9.316% from the 52-week low. Key resistance points were identified at 0.9100 and 0.9147. Stochastic oscillator signals USD/CHF as ‘oversold’.

Chinese Yuan fell on Wednesday. Market is in a risk-off mood

PBOC Sets Yuan Rate at 7.0967 Amidst Turmoil

Quick Look: The yuan stabilized as the PBOC set the currency at 7.0967, aiming to stabilize market unrest. Hang Seng Index fell by 1.7%; the Shanghai Composite is slightly down by 0.1%. Company Stocks Fluctuate Notable drops in China

BROKER NEWS

Wibest – NZD USD: A close up of a New Zealand dollar coin.

NZD/USD Struggles at Key Resistance Levels

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement.  Cautious investor sentiment due to US inflation, geopolitical tensions, and high US interest rates. The New Zealand Dollar

NZD/USD - New Zealand dollar bills.

NZD/USD Nears 0.5840 Amid Economic Slide

Quick Look: NZD falls to 0.5950. The bearish trend suggests a drop to 0.5840. Business NZ PSI contracts; BNZ forecasts a 2% GDP decline. The upcoming speech by Fed’s Lorie K. Logan is crucial for policy insights. Investors are watchful as upcoming data could sway markets. The New

EUR/USD - Ahead Of The US CPI Release, The Dollar Rises On High Yields

March CPI Rises 3.5% YOY, Strengthening USD

Quick Look: US CPI rose by 0.4% month-over-month, with an annual increase of 3.5%. March’s Producer Price Index grew by 0.2% month-over-month and up by 2.1% yearly. ECB Holds rates, key rates unchanged; potential rate cut signalled by June. US retail sales are expected to rise by 0.3%

Dollar and Swiss franc - USD/CHF

USD/CHF Drops 0.32%, Breaks Support at 0.9100

Quick Look: USD/CHF fell by 0.32%, breaking below the 0.9100 support. Despite a recent dip, the pair remains up 9.316% from the 52-week low. Key resistance points were identified at 0.9100 and 0.9147. Stochastic oscillator signals USD/CHF as ‘oversold’. Market eyes potential rebound amid upcoming U.S. CPI data.

Chinese Yuan fell on Wednesday. Market is in a risk-off mood

PBOC Sets Yuan Rate at 7.0967 Amidst Turmoil

Quick Look: The yuan stabilized as the PBOC set the currency at 7.0967, aiming to stabilize market unrest. Hang Seng Index fell by 1.7%; the Shanghai Composite is slightly down by 0.1%. Company Stocks Fluctuate Notable drops in China Overseas and Alibaba. Gold reaches new highs due to

Wibest – NZD USD: A close up of a New Zealand dollar coin.

NZD/USD Struggles at Key Resistance Levels

Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement.  Cautious investor sentiment

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