Gold prices experienced a slight dip on Thursday, following three consecutive days of gains. This decline coincided with a rebound in US Treasury yields, with the benchmark 10-year yield climbing more than 15 basis points above its recent lows. This...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The bullish momentum enjoyed by the euro experienced a setback on Tuesday, pushing the EUR/USD pair below the 1.0500 level. This decline coincided with market anticipation for the Federal Reserve's final interest rate decision of 2024, scheduled for...
The USD/CAD pair surged to fresh yearly highs following the Federal Reserve's decision to cut interest rates at its December meeting while simultaneously adopting a more hawkish monetary policy outlook for the coming year. At the time of writing,...
The pair is navigating a complex landscape shaped by a confluence of factors. While higher oil prices, an export, should generally provide support for the Dollar, the overall strength of the Dollar is currently exerting significant upward pressure...
