The recent positive economic data reports in the US, including slightly increasing inflation figures, have strengthened the outlook for the US Dollar compared to the Canadian Dollar. The US Dollar has continued to exert pressure on the Canadian...
As of Sunday, the spot price is hovering around $3,860, aiming to establish a stable trading zone just above the $3,850 level. Despite efforts to build upward momentum, the market has experienced notable volatility. In the last 24 hours, the price...
The Euro is struggling to find direction amid a key support level The Euro showed considerable indecision during the week, oscillating around the critical level of 1.05. This level has both psychological and technical significance, as it has served...
Caught between bullish momentum fueled by shifts in monetary policy and external factors like China’s economic performance, and bearish technical indicators that urge caution. Recent developments have sparked optimism for the Australian Dollar,...
The Swiss Franc (CHF) is currently facing significant challenges, driven largely by the growing expectation of another interest rate cut by the Swiss National Bank (SNB) in its December meeting. The SNB's dovish stance, aimed at supporting the...