General Points about USD/CAD: The Canadian GDP rate being on the negative side has led to a decline in the value of the Canadian dollar. Weak economic growth has put pressure on the currency, making it less attractive to investors. A slowing economy...
Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
Market Fundamentals: The Shanghai Stock Exchange has reaffirmed its commitment to deepening capital market access for foreign investors, reinforcing China’s position as a key player in global finance. Despite challenges in the global economic...
General Points about USDCHF: The USDCHF market is currently trading near the 0.9022 level. The recent Swiss GDP rate remaining unchanged has not provided any significant advantage to sellers. Stability in the Swiss economy has limited the downside...
Daily Analysis of USD/CHF Hello everyone! I hope you are all in good health and that today’s trading plans go as smoothly as hoped. The USD/CHF currency pair presents an intriguing setup for our daily trading activities. In yesterday's trading...
