USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...
China's Caixin Services PMI unexpectedly dropped to 51.5 from 52.0, intensifying concerns about the fragile recovery in the world's second-largest economy. This has added pressure on the Australian Dollar (AUD), often seen as a proxy for Chinese...
Forex Market The Forex Market (Foreign Exchange) is the largest and most liquid financial market in the world, where currencies are traded against each other. It operates globally 24 hours a day, five days a week, enabling traders from all time...
The shared currency continues to struggle under the weight of expectations for more aggressive interest rate cuts by the European Central Bank (ECB) amid a gloomy Eurozone economic outlook. The ECB is projected to lower its Deposit Facility Rate by...
Overview of USD/CAD Outlook The Canadian Dollar (CAD) is currently under significant pressure, primarily due to the impending tariff decisions from the U.S. and other economic factors. As of February 1, a 25% tariff on imported goods from Canada and...
