Mon, May 20, 2024
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: New Zealand dollar bills and coins.
Forex

Quick Look: NZD/USD  pair is priced at 0.6150, up from 0.6130, ahead

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NZD/USD - NZD USD digital trading chart.

NZD/USD Hits 0.6120: Fluctuations Amid Economic Updates

Quick Look: NZD/USD Trade Levels: Recent trading at 0.6120 with fluctuations between 0.6140 and 0.6070. Economic Data Influence: US inflation at 3.4%, retail sales stagnant; impact of upcoming RBNZ rate decision. Market Predictions: Bullish trend with potential resistance at

Wibest – Japan Yen: Japanese yen bills. USD/JPY

USD/JPY Slips 0.91% as US Core CPI Falls to 3.6%, a 3-Year Low

Quick Look: Significant Decline: USD/JPY fell 0.91%, influenced by a disappointing US Core CPI report. Key Support Levels: Immediate focus on 155.00; breaches may indicate further USD weakness. Trading Strategy: Watch for a daily close below or above 155.00

Wibest – Canadian Loonie: Canadian dollar (CAD) bills and coins.

USD/CAD Hits 1.3640 Amid PPI Surge and Rising Oil Prices

Quick Look: USD/CAD’s recent drop to 1.3640 was influenced by a weaker US dollar and PPI data exceeding expectations. The Bank of Canada’s aggressive monetary policy includes a potential 100 basis point cut in 2025. Wildfires near Canadian oil

Wibest – CHF Franc: New Swiss franc notes.

USD/CHF Drops to 0.9060 Amid Dismissed April PPI of 0.5%

Quick Look: USD faces losses against CHF, influenced by lower US yields and dismissive response to PPI data. Switzerland’s economic indicators show mixed results; slight improvement in Producer and Import Prices. US CPI report and Swiss Industrial Production data

NZD/USD - NZD USD digital trading chart.

NZD/USD Hits 0.6120: Fluctuations Amid Economic Updates

Quick Look: NZD/USD Trade Levels: Recent trading at 0.6120 with fluctuations between 0.6140 and 0.6070. Economic Data Influence: US inflation at 3.4%, retail sales stagnant; impact of upcoming RBNZ rate decision. Market Predictions: Bullish trend with potential resistance at

Wibest – Japan Yen: Japanese yen bills. USD/JPY

USD/JPY Slips 0.91% as US Core CPI Falls to 3.6%, a 3-Year Low

Quick Look: Significant Decline: USD/JPY fell 0.91%, influenced by a disappointing US Core CPI report. Key Support Levels: Immediate focus on 155.00; breaches may indicate further USD weakness. Trading Strategy: Watch for a daily close below or above 155.00

Wibest – Canadian Loonie: Canadian dollar (CAD) bills and coins.

USD/CAD Hits 1.3640 Amid PPI Surge and Rising Oil Prices

Quick Look: USD/CAD’s recent drop to 1.3640 was influenced by a weaker US dollar and PPI data exceeding expectations. The Bank of Canada’s aggressive monetary policy includes a potential 100 basis point cut in 2025. Wildfires near Canadian oil

Wibest – CHF Franc: New Swiss franc notes.

USD/CHF Drops to 0.9060 Amid Dismissed April PPI of 0.5%

Quick Look: USD faces losses against CHF, influenced by lower US yields and dismissive response to PPI data. Switzerland’s economic indicators show mixed results; slight improvement in Producer and Import Prices. US CPI report and Swiss Industrial Production data

BROKER NEWS

Wibest – NZD USD: New Zealand dollar bills and coins.

NZD/USD Rises to 0.6150 Amid RBNZ and Fed Speculations

Quick Look: NZD/USD  pair is priced at 0.6150, up from 0.6130, ahead of the RBNZ meeting. RBNZ to keep OCR at 5.5% to manage inflation within 1-3%. US Fed  April inflation at 0.3%; potential rate cut in September. The NZD/USD pair is currently priced at 0.6150, reflecting a modest

NZD/USD - NZD USD digital trading chart.

NZD/USD Hits 0.6120: Fluctuations Amid Economic Updates

Quick Look: NZD/USD Trade Levels: Recent trading at 0.6120 with fluctuations between 0.6140 and 0.6070. Economic Data Influence: US inflation at 3.4%, retail sales stagnant; impact of upcoming RBNZ rate decision. Market Predictions: Bullish trend with potential resistance at 0.6180 and support at 0.6080. The New Zealand Dollar

Wibest – Japan Yen: Japanese yen bills. USD/JPY

USD/JPY Slips 0.91% as US Core CPI Falls to 3.6%, a 3-Year Low

Quick Look: Significant Decline: USD/JPY fell 0.91%, influenced by a disappointing US Core CPI report. Key Support Levels: Immediate focus on 155.00; breaches may indicate further USD weakness. Trading Strategy: Watch for a daily close below or above 155.00 to signal bearish or bullish positions. The US dollar

Wibest – Canadian Loonie: Canadian dollar (CAD) bills and coins.

USD/CAD Hits 1.3640 Amid PPI Surge and Rising Oil Prices

Quick Look: USD/CAD’s recent drop to 1.3640 was influenced by a weaker US dollar and PPI data exceeding expectations. The Bank of Canada’s aggressive monetary policy includes a potential 100 basis point cut in 2025. Wildfires near Canadian oil sands push WTI crude to $78.30, impacting commodity-linked CAD.

Wibest – CHF Franc: New Swiss franc notes.

USD/CHF Drops to 0.9060 Amid Dismissed April PPI of 0.5%

Quick Look: USD faces losses against CHF, influenced by lower US yields and dismissive response to PPI data. Switzerland’s economic indicators show mixed results; slight improvement in Producer and Import Prices. US CPI report and Swiss Industrial Production data could impact future USD/CHF movements. The US dollar (USD)

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