The bullish momentum enjoyed by the euro experienced a setback on Tuesday, pushing the EUR/USD pair below the 1.0500 level. This decline coincided with market anticipation for the Federal Reserve's final interest rate decision of 2024, scheduled for...
The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
The future direction of the price will be heavily influenced by upcoming economic data. The recent pause in the Dollar's rally underscores the importance of key indicators such as inflation, employment, and GDP growth. Strong data could reignite...
The USD/JPY currency pair remains at the center of attention, navigating a complex interplay of contrasting economic trends and policy decisions from both the United States and Japan. After reaching a multi-month peak of 158.00 during Thursday’s...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
