The ongoing struggle for higher oil prices is primarily driven by concerns of oversupply, which continue to weigh heavily on the market despite occasional bullish catalysts like geopolitical tensions. Although factors such as the Russia-Ukraine war...
The EURJPY market has been in a downtrend, mainly due to a series of negative events related to the euro. These events have significantly weakened the euro, contributing to the downward pressure on the EURJPY pair. A key aspect of this move was the...
The white metal experienced a decline after reaching a fresh two-week high of around $32.33, facing pressure in the wake of China’s two-day economic work conference. This high-level meeting, which sets the country’s economic priorities for the year...
The market sentiment for the XAU/USD pair is in favor of buyers. And the bullish scenario may help buyers to cross the 2710 area next. In addition, the US dollar sees several news events next week, such as the Philadelphia Fed Manufacturing Index,...
The USD/CAD market has successfully broken through the 1.4230 area. This shows that buyers are resilient and can increase their value again. As of this week, the Canadian overnight rate has not been able to help USD/CAD sellers. Moreover, as this...
