The pair has remained in a narrow range of around 1.2570 for the past two days, with traders uncertain about the direction of the market. A lack of fresh catalysts has kept the currency pair in a consolidation phase, though recent U.S. economic data...
Date: 26th November 2024. Trump’s tariff threats boosted Dollareso, Loonie, Gold Oil Lower. Financial Markets Performance: *The USDIndex hit a session high of 107.50 and is currently lower at 106.85. Mexican peso and Canadian dollar slumped as the...
Let’s look again at the D1 period chart - the AUDUSD currency pair. This week we are still moving sideways, and during the last week the movements are in different directions, the forces are equal. The wave structure’s order is being built...
Fundamental Catalysts EUR/USD The US Dollar’s recent corrective trend has bolstered the euro. This shift is partly attributed to former President Donald Trump’s nomination of Michael Bessent for US Treasury Secretary, which has injected fresh...
•••XAU/USD: Key Market Insights for November 26, 2024•• Gold (XAU/USD) continues to command attention as a safe-haven asset amidst a mix of economic and geopolitical influences. Today’s price dynamics highlight its role in protecting portfolios...
