RSS Commodity Currencies Recover as Markets Eye China Data, NZD/USD Presses Key Fibonacci Level

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 RSS Commodity Currencies Recover as Markets Eye China Data, NZD/USD Presses Key Fibonacci Level

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Commodity currencies are starting the week with a modest recovery as Aussie, Kiwi, and Loonie attempt to pare steep losses from earlier in the month. Gains remain limited in the subdued holiday trading environment, but these currencies could see further upside if China’s NBS PMIs due tomorrow deliver an improved outlook for 2025. However, any […]

The post Commodity Currencies Recover as Markets Eye China Data, NZD/USD Presses Key Fibonacci Level appeared first on Action Forex.
 
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