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Forex News

AUD/USD recovers early lost ground, back near mid-0.5900s

The prevailing cautious mood exerted some pressure on AUD/USD earlier this Thursday. Persistent selling bias surrounding the USD helped limit deeper losses/regain traction. The AUD/USD pair has managed to rebo...

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Forex News

NZD/USD hammered down to the lowest level since May 2009, below mid-0.5900s

NZD/USD met with some aggressive supply amid a broad-based USD strength. A solid rebound in the US bond yields helped revive the USD demand on Tuesday. Technical selling below the 0.60 mark further aggravated t...