February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...
GBP/AUD is currently navigating a complex technical environment, where the potential for an 83 to 123 pip increase depends on whether the pair can sustain support at 1.9830. This key level serves as a crucial pivot, determining whether the market...
Mixed signals from Bank of Japan (BoJ) officials indicate that the central bank is in no rush to tighten its monetary policy, leading to a two-week low for the Japanese Yen against the US Dollar. Reports citing five sources familiar with BoJ's...
The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
Forex traders are closely watching the upcoming GDP release, with Q3 growth expected to confirm a preliminary estimate of 0.4% quarter-over-quarter. On an annual basis, GDP is forecasted to rise by a modest 0.9%, underscoring the region’s sluggish...
