The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
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 latest Eurozone inflation figures have presented the European Central Bank (ECB) with a complex dilemma. While the central bank has already implemented a rate cut, persistent inflation, particularly in core economies like Germany, is raising...
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...
The pair softened during early European trading on Thursday, edging closer to the 0.8880 level. This move comes ahead of the highly anticipated US Federal Reserve (Fed) interest rate decision later in the day, where a significant rate cut is widely...
