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Source: ExchangeRates News Agency
3 weeks ago
Forex Medium Importance
Pound to New Zealand Dollar Week-Ahead Forecast: RBNZ Hike Could Pressure GBP

Pound to New Zealand Dollar Week-Ahead Forecast: RBNZ Hike Could Pressure GBP

Pound-New Zealand Dollar could face further pressure if the RBNZ raises rates, while cautious BoE signals may leave Sterling vulnerable. The Pound New Zealand Dollar (GBP/NZD) exchange rate was volatile last week, with the pairing eventually sliding to a 12-week low.

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GBPUSD GBP/USD
Source: ExchangeRates
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Source: ExchangeRates News Agency
3 weeks ago
Forex Medium Importance
Pound to Australian Dollar Week-Ahead Forecast: Can GBP Rebound from Two-Month Lows?

Pound to Australian Dollar Week-Ahead Forecast: Can GBP Rebound from Two-Month Lows?

The Pound-Australian Dollar rate could rebound if Australian GDP stalls, although firm RBA rate hike expectations may keep the Aussie supported. Last week saw the Pound to Australian Dollar (GBP/AUD) exchange rate strike its worst levels since late June amid a notably hawkish uptick in Reserve Bank of Australia (RBA) interest rate hike.

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GBPUSD GBP/USD
Source: ExchangeRates
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Source: Action Forex News Agency
3 weeks ago
Forex Medium Importance AI Analyzed
Gold Consolidates After Friday's 3.2% Drop, Sparked by Hawkish Comments from Fed Warsh

Gold Consolidates After Friday's 3.2% Drop, Sparked by Hawkish Comments from Fed Warsh

Gold remains at the back foot on Monday, but bears found temporary footstep at $4400 zone (Fibo 38.2% of $3942/$4697 recovery leg / 20DMA) and consolidate after Friday's 3.2% fall (the biggest one-day loss since June 10).

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XAUUSD XAU/USD
Source: Action Forex
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