The Euro (EUR) and US Dollar (USD) exchange rate (EUR/USD), nicknamed "fiber" by traders, remained stuck in a familiar trading range around 1.0700 on Wednesday. This stability comes ahead of a data dump expected on Friday, which is keeping market...
The USD/CAD exchange rate, currently sitting at 1.3740, is experiencing a bearish trend. This indicates a decline in the value of the US dollar relative to the Canadian dollar. The downward trajectory of this currency pair suggests that market...
The GBP/USD currency pair displayed a lackluster performance on Tuesday, mirroring a broader market trend characterized by investor caution. The absence of significant economic data left traders hesitant to make decisive bets, resulting in the pair...
On the diurnal map of AUDUSD, I see that this currency brace is in a sideways condition, with buyers stuck at resistance0.67024 and merchandisers stuck at support0.65779. In this situation, it appears that buyers are having difficulty breaking...
XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...