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- AUD/NZD price analysis: Cross struggles to hold gains amid mixed signalson May 16, 2025 at 10:03 pm
The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.0900 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook remains constructive, with several key indicators aligning to support the pair’s upward trajectory.
- AUD/USD steadies as traders await RBA decisionon May 16, 2025 at 9:35 pm
The AUD/USD pair is trading around the 0.6400 level during European trading hours on Friday, reflecting a broadly neutral tone as traders await the Reserve Bank of Australia (RBA) interest rate decision next week.
- Silver Price Forecast: XAG/USD slips as US yields rebound, hovers below $32.50on May 16, 2025 at 9:31 pm
Silver prices edged lower on Friday, with losses of over 1%, set to end the week on a negative note amid rising US Treasury yields, which staged a comeback late during the North American session. XAG/USD trades at $32.26 after hitting a daily peak of $32.68 at the time of writing.
- Moody’s downgrades US debt to AA1, citing rising interest costs and unsustainable debt growthon May 16, 2025 at 9:07 pm
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt funding costs that far exceed those of similar government debt loads.
- NZD/JPY price analysis: Cross struggles to maintain upward momentumon May 16, 2025 at 9:01 pm
The NZD/JPY pair is attempting to hold on to modest gains as it trades near the 85.70 zone ahead of the Asian session on Friday.