NZD/USD Price Forecast: Recovery extends, but overhead SMAs cap upside

NZD/USD Price Forecast: Recovery extends, but overhead SMAs cap upside

NZD/USD remains on the front foot on Friday and is heading for a second consecutive weekly gain after the Reserve Bank of New Zealand (RBNZ) raised the Official Cash Rate (OCR) by 25 basis points (bps) on Wednesday and signaled that further policy tightening may be needed, boosting the New Zealand D Source link

Silver edges lower as Fed hike bets weight ahead US CPI data

Silver edges lower as Fed hike bets weight ahead US CPI data

Silver (XAG/USD) trades slightly lower on Friday, hovering around $59.90 at the time of writing, down a modest 0.08% on the day. The white metal is struggling to extend its rebound as renewed tensions in the Middle East fuel concerns about persistent inflation, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates. The […]