The Canadian Dollar (CAD) plummeted to multi-year lows on Friday, pushing the USD/CAD exchange rate above the 1.4400 level. This marked the CAD's weakest level since the onset of the COVID-19 pandemic. While trading activity was subdued at the end...
United States: Riding the Wave The consumer price index ended the year at 2.9% year-over-year, a slight improvement from 3.1% in January 2024 and suggesting stalled progress on the way back to the Federal Reserve's 2% inflation target. We now expect...
General Points about EURUSD: Last few days, market sentiment suggests that the EUR/USD pair could move above the 1.0375 level. Upcoming news events from the U.S. and the Eurozone will play a significant role in shaping the market's direction. Key...
The GBP/JPY currency pair extended its decline on Friday, trading near 189.60 in early European trading. This marked the third consecutive day of losses, primarily driven by weakness in the British Pound (GBP). The decline in the GBP was attributed...
This chart represents a price movement analysis, specifically for the instrument labeled as "#CL_H1," which appears to correspond to crude oil futures on an hourly timeframe. The data spans from late November 2024 to mid-January 2025. The overall...
