AUDUSD currency pair can be expected to rise to the next long-term resistance level 0.6930 (former yearly high from 204 and the target price calculated for the completion of the active impulse wave c). AUDUSD broke resistance zone Likely to rise to major resistance level 0.6930 AUDUSD currency pair recently broke the resistance zone
Dollar weakens on geopolitical tensions; Europe diverges with stronger pound; investors seek safety in gold and yen amid policy uncertainty. The Erosion of the Greenback’s Global Standing The once-unshakable confidence in the US Dollar as the world’s primary reserve currency is facing a rigorous test, as transatlantic tensions and unconventional diplomacy take center stage. President
Walmart is a retail Goliath by any measure. It operates 10,800 stores worldwide, including 4,606 locations in the United States, does $681 billion in sales annually, including $121.9 billion internationally, owns the Costco Wholesale rival Sam’s Club, and rakes in over an estimated $120 billion per year from e-commerce. Running a company of that size
With Winter Storm Fern expected to hit the East Coast of the U.S. over the weekend of Jan. 24, airlines are proactively canceling flights as some cities are projected to see more than two feet of snow and widespread power outages. Delta Air Lines just announced that it was proactively canceling flights in North Texas,
The USD/JPY exchange rate pulled back after the latest macro data from Japan. It was trading at 156.25, down from this month’s high of 157.83. It has also formed the risky double-top pattern, pointing to more downside in the coming days. Weak Japanese data raises doubts for BoJ rate hikes The USD/JPY exchange rate was
The South African rand was one of the best-performing currencies this year as it jumped by over 11% against the US dollar. The USD/ZAR exchange rate was trading at 16.68, down by 16.4% from its highest point this year. It has also formed a risky technical pattern pointing to more rand gains. USD/ZAR technical analysis
The Zimbabwe ZiG continued its recent rebound and hit its highest level against the US dollar since January this year. Central bank data shows that the USD/ZWG exchange rate dropped to 25.98, down significantly from the year-to-date high of 27. Zimbabwe ZiG boosted by the gold price rally Zimbabwe’s gold-backed currency, which was launched in
The Japanese yen slipped for the second consecutive day as investors reacted to the latest Federal Reserve minutes, which shed color on what to expect in the coming meetings. The USD/JPY exchange rate was trading at 156.60, a few points below the year-to-date high of 157.83. It has jumped by 12% this year, making the
The South African rand continued its uptrend against the United States this year. The USD/ZAR exchange rate was trading at 16.45 on Monday, down by 17.50% from its highest point in 2025. So, will the rand rally continue as a fresh risk emerges? South Africa could attract more Trump ire The ongoing South African rand
The Nikkei 225 Index continued its strong rally this week, reaching its highest level on record as the “Takaichi trade” accelerated. Its surge coincided with the ongoing Japanese yen crash. It jumped to a record high of ¥54,435, up by 76% from its lowest point in April last year. Japan stocks jump as the “Takaichi