Market Fundamentals: Bank of Canada (BoC) Governor Tiff Macklem underscored on Monday that the Canadian economy is entering a period of heightened uncertainty and greater vulnerability to economic shocks. He emphasized that any decisions on further...
Forecast of Crude Oil Yesterday, when the price of Crude Oil was rising, it tested the resistance level of 74.97 on the H4 time frame chart, and buyers' power was insufficient to stop it at that point. Crude Oil's price dropped for the price...
Market Fundamentals: As investors navigate a holiday-shortened week, attention turns to the upcoming release of the Conference Board's US Consumer Confidence Index, offering short-term trading opportunities. Meanwhile, minutes from the Bank of...
The British pound is on a nasty slide, losing 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), its lowest level since November 2023. BRC store inflation...
European economy may face tough year The European economy is entering a challenging phase. Analysts at Goldman Sachs are confident about this. They claim that 2025 will be another difficult period for the region's economy. Well, time will tell if...
