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...
The Japanese yen pushes above 161 levels The Japanese yen was unchanged on Friday, but managed a new low against the U.S. dollar. dollars of the. The yen is trading at 160.72 in the European session and had previously fallen to 161.28, the lowest...
In forex trading, candlestick chart patterns play a crucial role in technical analysis, helping traders predict future price movements based on historical price data. Among these patterns, the "Counseling Baby Swallow" pattern, while not a standard...