USD/CAD Price Forecast USD/CAD rises to near 1.4200 as the US Dollar bounces back from the YTD low. Fed officials have been guiding a restrictive monetary policy stance. Investors await the Canadian Retail Sales data and BoC Macklem’s speech. The...
EU Commission to lift budget caps on defense spending According to European Commission President Ursula von der Leyen, the EU is ready to propose exempting defense from EU limits on government spending. The statement follows pressure from US...
The current short-term situation appears to be following the broader monthly trend, but I note that a new short-term turning point emerged just yesterday at the level of 1.2637. I believe it is now advisable to test this level from above, as this...
GBPJPY Daily Outlook The GBP/JPY pair is currently experiencing considerable selling activity and is trading close to the important psychological mark of 189. 00. It has dipped below the uptrend observed in the medium term along with the 20day...
The GBP/NZD currency pair in the H1 timeframe is currently exhibiting signs of bearish momentum after failing to maintain its previous upward movement. The price is trading around 2.1960, fluctuating near a key support/resistance level. Bollinger...
