Market Overview: EUR/$ pair is trading at the 1.0715 level. Current market sentiment reflects cautious optimism with a development influenced by a mix of economic indicators and geopolitics. The market is still in a state of volatility, with periods...
The USD/CAD currency pair, currently trading around 1.3688, has been experiencing a bearish trend, indicating a period of weakness for the US dollar (USD) against the Canadian dollar (CAD). This decline suggests various economic, political, and...
Date: 28th June 2024. Market News – Dollar corrects ahead of the PCE. Asian European Open: * Stocks rose marginally, with some help from a bounce in tech shares. The NASDAQ rallied 0.3%, with the SP and Dow each up 0.09%. Financial Markets...
As the pair hovers around 1.0690 in early Asian trading on Friday, the market remains subdued amidst anticipation surrounding European parliamentary elections. This uncertainty has investors closely watching upcoming events such as ECB President...
Foreign exchange (forex or FX) trading has gained significant popularity among individual investors and large financial institutions alike. This decentralized global market for trading currencies offers a plethora of benefits that make it an...