USD/CAD As of January 24, 2025, the USD/CAD currency pair is exhibiting notable movements influenced by recent fundamental developments and technical indicators. Fundamental Analysis: The Canadian dollar (CAD) has experienced significant...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
Market Fundamentals: The latest U.S. data revealed a sharper-than-expected decline of 1.1%, significantly exceeding the anticipated drop of 0.4%. Despite a modest 0.3% increase in broader economic activity, this data underscores the ongoing...
The Euro initially showed some upward momentum during Thursday's trading session, but failed to sustain those gains and eventually retreated, showing continued signs of weakness. As the market struggles with further movement, the 50-day EMA remains...
Market Fundamentals: Recent optimism surrounding the U.S. economy has tempered expectations of aggressive monetary easing by the Federal Reserve (Fed). A stronger-than-expected Retail Sales report last week helped alleviate fears of a potential...
