NZD/USD rises as US Dollar weakens on renewed US-Iran talks hopes

NZD/USD rises as US Dollar weakens on renewed US-Iran talks hopes

The New Zealand Dollar (NZD) gains traction against the US Dollar (USD) on Friday as the Greenback weakens amid renewed hopes for US–Iran talks after stalled negotiations. At the time of writing, NZD/USD is trading around 0.5880, up nearly 0.46% on the day and poised for a third consecutive weekly gain. Market sentiment improves after […]

Gold rebounds as Iran-US deal hopes drive upside

Gold rebounds as Iran-US deal hopes drive upside

Gold (XAU/USD) price recovers some ground on Friday, extending its gains above $4,700 as market sentiment remains upbeat amid headlines from Iran and the US pointing to a resumption of second-round talks aimed at ending the conflict. At the time of writing XAU/USD trades at $4,726, up 0.47%. Bullion firms as softer Dollar and lower […]

US Dollar eases into weekend as markets eye central bank meetings

US Dollar eases into weekend as markets eye central bank meetings

The US Dollar Index (DXY) is losing momentum near the 98.50 price zone and continues drifting lower from recent highs as markets unwind part of the recent US Dollar (USD) rally despite still strong United States (US) data and ongoing Middle East tensions. Profit-taking into the weekend, alongside a modest pullback in US yields, is […]