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On Tuesday, the NZD/USD pair extended its gains, rising by 0.35% to 0.5960 and the daily chart shows some favorable signs for the bulls, The daily chart shows that the Relative Strength Index (RSI) has climbed to 42, indicating a mounting buying pressure but the fact that it remains below 50 means that the selling pressure still dominates.

FxstreetAug 6, 2024

NZD/USD Price Analysis: Bulls take charge, still need to conquer 0.6000

Silver price dropped some 0.99% on Tuesday and achieved a daily close below $27.00 for the second straight day, which could exacerbate further losses.

FxstreetAug 6, 2024

Silver Price Forecast: XAG/USD edges low as path turns bearish

Cybersecurity firm Fortinet (NASDAQ:FTNT) saw its shares soar 15% in after-hours trading on Tuesday after reporting second-quarter earnings that handily beat analyst expectations and raising its f

Investing.comAug 6, 2024

Fortinet shares surge 15% on earnings beat and raised guidance

FxstreetAug 6, 2024
United States API Weekly Crude Oil Stock came in at 0.18M, below expectations (0.85M) in August 2
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FxstreetAug 6, 2024
Gold price falls below $2,400 amid rising US yields, buoyant USD
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FxstreetAug 6, 2024
AUD/JPY Price Analysis: Bears remain in control, despite Tuesday's rally
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FxstreetAug 6, 2024
Australian Dollar benefits from RBA's hawkish hold
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FxstreetAug 6, 2024
Forex Today: Markets’ attention remains on data and rate cut bets
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FxstreetAug 6, 2024
Mexican Peso slumps further ahead of inflation data
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Commodities

United States API Weekly Crude Oil Stock came in at 0.18M, below expectations (0.85M) in August 2

United States API Weekly Crude Oil Stock came in at 0.18M, below expectations (0.85M) in August 2
Fxstreet
Aug 6, 2024
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Commodities

Gold price falls below $2,400 amid rising US yields, buoyant USD

Gold price dropped below $2,400 on Tuesday, extending its losses for the second consecutive day as US Treasury yields rose amid an improvement in market mood.
iconGold
Fxstreet
Aug 6, 2024
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Forex

AUD/JPY Price Analysis: Bears remain in control, despite Tuesday's rally

On Tuesday's session, the AUD/JPY pair gapped up by 1.20% to 94.70, recovering some of the losses seen in the previous sessions.
iconAUD/JPY
Fxstreet
Aug 6, 2024
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Forex

Australian Dollar benefits from RBA's hawkish hold

The AUD/USD pair is trading around 0.6500, up around 0.30% on the day.
iconAUD/USD
Fxstreet
Aug 6, 2024
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Forex

Forex Today: Markets’ attention remains on data and rate cut bets

The Greenback managed to regain some composure and partially reverse steep losses recorded in the last couple of days, while stocks worldwide rebounded on the back of shrinking pessimism among market participants.
iconEUR/USD
Fxstreet
Aug 6, 2024
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Forex

Mexican Peso slumps further ahead of inflation data

The Mexican Peso extended its daily losing streak to four against the Greenback.
iconUSD/MXN
Fxstreet
Aug 6, 2024
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Forex

Canadian Dollar mixed on Tuesday as CAD follows the market

The Canadian Dollar (CAD) gave a mixed performance on Tuesday, rising and falling mostly in step with the broader FX market.
iconUSD/CAD
Fxstreet
Aug 6, 2024
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Economic Indicator

United States 3-Year Note Auction declined to 3.81% from previous 4.399%

United States 3-Year Note Auction declined to 3.81% from previous 4.399%
Fxstreet
Aug 6, 2024
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Indices

Dow Jones Industrial Average tries to find a rally

The Dow Jones Industrial Average (DJIA) recovered ground on Tuesday, rallying close to 500 points after the index spent several days facing steep declines.
Fxstreet
Aug 6, 2024
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Indices

US Dollar recovers on Tuesday as market sentiment improves

On Tuesday, the US Dollar (USD), measured by the DXY Index, is capitalizing on recent recovery gains near the 103.00 mark subsequent to an improvement in market sentiment.
Fxstreet
Aug 6, 2024
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Forex

EUR/GBP rises to 13-week peaks on rebalancing Pound Sterling flows

EUR/GBP is in a race to the bottom, with the Pound Sterling winning handily as the pair gets bolstered back into 13-week highs despite a misprint in European Retail Sales figures.
iconEUR/GBP
Fxstreet
Aug 6, 2024
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Economic Indicator

New Zealand GDT Price Index rose from previous 0.4% to 0.5%

New Zealand GDT Price Index rose from previous 0.4% to 0.5%
Fxstreet
Aug 6, 2024
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Economic Indicator

United States 52-Week Bill Auction dipped from previous 4.775% to 4.255%

United States 52-Week Bill Auction dipped from previous 4.775% to 4.255%
Fxstreet
Aug 6, 2024
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Forex

GBP/USD Price Forecast: Tumbles below 1.2800 to five-week low

On Tuesday, the Pound Sterling prolonged its agony and extended its losses against the Greenback.
iconGBP/USD
Fxstreet
Aug 6, 2024
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Other

Intermeeting cuts? History says not even close: BofA

In a note to clients Tuesday, Bank of America (NYSE:BAC) analysts argued that the likelihood of the Federal Reserve implementing intermeeting rate cuts is extremely low based on historical precedent.A
Investing.com
Aug 6, 2024
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Stocks

These are key indicators to watch for signs the pullback is ending

Stocks remained under heavy selling pressure at the start of the week as recession worries continued to dominate global sentiment. A short squeeze in the VIX further weighed on the broader stock marke
Investing.com
Aug 6, 2024
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Forex

AUD/USD edges higher to near 0.6500 in the aftermath of RBA policy meeting

The AUD/USD pair gains slightly to near the psychological figure of 0.6500 in Tuesday’s New York session.
iconAUD/USD
Fxstreet
Aug 6, 2024
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