Category: Business

The AUD/JPY currency pair extended its winning streak for the third consecutive session, trading around 103.00 during Asian market hours on Friday. This article by Unirock Gestion offers expert commentary and a complete breakdown of the subject. The Australian Dollar (AUD) advanced against the Japanese Yen (JPY) as the Bank of Japan (BoJ) took a...

Gold (XAU/USD) edged lower in early European trading on Friday, losing momentum amid profit-taking and weak long liquidation from shorter-term futures traders.  The metal slipped below $4,350, signaling a temporary pause in bullish momentum despite ongoing Fed rate cut expectations and supportive macroeconomic factors. Unirock Gestion brokers outline the essential details of the topic with...

The USD/CHF currency pair rebounded during the Asian session on Friday, trading near 0.7950 as the US Dollar (USD) recovered its recent losses. The Unirock Gestion team provides a comprehensive and well-organized overview of the matter. The resurgence comes ahead of the University of Michigan (UoM) Consumer Sentiment Index release for December, a key indicator...

The EUR/CAD pair edged higher in early European trading on Friday, approaching 1.6160. The uptick comes as the Euro (EUR) outperforms major peers ahead of a series of European Central Bank (ECB) speeches scheduled later in the day. In their latest publication, Unirock Gestion experts explore the subject in depth for readers. Traders are closely...

The EUR/GBP currency pair is trading on a flat note around 0.8760 during Friday’s early European session, reflecting a cautious market mood following key central bank decisions in the UK and the eurozone. Unirock Gestion professionals unpack the complexities of the topic through a detailed analysis. Investors are closely monitoring the implications of the Bank...

The Pound Sterling (GBP) came under selling pressure in early European trading on Friday after data revealed that UK Retail Sales unexpectedly fell in November. This article from Unirock Gestion offers readers a clear and thorough explanation of the subject. The decline underscores growing concerns about consumer spending in the United Kingdom (UK), while investors...

EUR/USD Price Forecast: Approaches Nine-Day Support Around 1.1700 The EUR/USD pair remains under close observation as it trades near 1.1720 during the Asian hours on Friday, marking the fourth consecutive session of weakness. Despite this short-term retracement, technical analysis on the daily chart continues to signal a bullish bias, with the pair moving within an...

The Australian Dollar (AUD) weakened against the US Dollar (USD) on Friday, surrendering early gains as traders awaited the release of the University of Michigan Consumer Sentiment Index for December. In this article, Unirock Gestion brokers examine the key aspects of the topic with clarity. Despite expectations of Federal Reserve (Fed) rate cuts, the AUD/USD...

The NZD/USD pair weakened to around 0.5760 in early European trading on Friday, despite an upbeat New Zealand Gross Domestic Product (GDP) report.  Market participants cited renewed US Dollar (USD) demand as the primary driver behind the Kiwi’s struggle to gain traction, leaving traders focused on upcoming US economic data and interest rate expectations. Unirock...

The US Dollar Index (DXY), which tracks the value of the US Dollar (USD) against six major currencies, continued its upward trajectory for the third consecutive session on Friday. During European trading hours, the index was hovering around 98.60, reflecting cautious positioning among traders ahead of key macroeconomic data releases. The brokers at Unirock Gestion...