The pair remains in focus as investors weigh the policy divergence between the Bank of Canada (BoC) and the Federal Reserve (Fed). Expectations that the BoC will pursue a more aggressive rate-cutting cycle than the Fed could help limit the downside...
The US Dollar (USD) remains well-supported against the Swiss Franc (CHF) following the Federal Reserve’s (Fed) decision to leave interest rates unchanged. Fed Chair Jerome Powell reaffirmed confidence in the US economy’s resilience, emphasizing that...
GBP/USD Technical Analysis Daily Timeframe (D1) Analysis On the D1 timeframe, GBP/USD is currently trading around 1.24050, showing price fluctuation near important support and resistance levels. The market structure suggests consolidation as buyers...
EUR/USD Technical Analysis H1 Timeframe Analysis EUR/USD is currently trading around 1.03276, showing signs of bearish momentum. The price recently broke below a key resistance area and is now hovering near a critical support zone. The...
The recent weakness in the Kiwi is driven by a stronger US Dollar, bolstered by a hotter-than-expected US Producer Price Index (PPI) report. With the Federal Reserve’s (Fed) upcoming interest rate decision in focus, traders remain cautious as...