The current price movement indicates a downtrend, as the market has been printing lower highs and lower lows. The downward slope of the moving average (red line) further confirms the bearish momentum. Price action is struggling to reclaim higher...
USD/ CAD Price Trend Outlook I want to examine the recent price behavior of the USD/ CAD currency pair. Yesterday, sellers of the quote pushed through the lower level of the trading range and worked out the level of 1.4093, after which the pair...
The strength of the US Dollar (USD) remains a dominant force in global markets, with the Federal Reserve's monetary policy playing a pivotal role. Recent Fed actions to temper rate cuts have bolstered the appeal of the Greenback, creating...
Recent U.S. macroeconomic data has provided a more optimistic outlook for the economy, alleviating concerns of an imminent recession. Stronger-than-expected consumer inflation figures suggest that the U.S. economy remains resilient, boosting...
Trump threatens BRICS with 100% tariffs over dollar replacement efforts US President-elect Donald Trump continues to shake up the markets with his bold moves. This time, the eccentric billionaire is firmly backing the American dollar. Trump has once...