EUR/USD extended its recent bullish momentum, approaching the year-to-date (YTD) highs near 1.0950, bolstered by intensified selling pressure on the US Dollar (USD) and improved political stability in Germany. The pair currently trades above the...
Recent political developments in Canada, coupled with hopes that the country may avoid broad-based US tariffs, have provided some support to the Canadian Dollar (CAD). This optimism is further bolstered by strong Crude Oil prices, which remain near...
Kansas Federal Reserve President Jeffrey Schmid recently highlighted that the Fed has made significant progress in meeting its core objectives, underscoring the importance of reducing the Fed's balance sheet. He suggested that the interest rate...
GBP/USD continues its bullish momentum, benefiting from increased selling pressure on the US Dollar. The pair remains within the upper half of the ascending regression channel, signaling sustained buying interest. The Relative Strength Index (RSI)...
The People's Bank of China (PBoC) has signaled the need for further monetary policy adjustments, aiming to reduce corporate financing and household credit costs. The central bank also emphasized that expansionary interest rate policies will play a...
