USD/CAD Price Forecast On the hot tariff topic, the focus has remained on Canada and Mexico after Monday’s threat to impose 25% tariffs. After another round of dollar weakness in yesterday’s US session, CAD and MXN are now trading around 1% stronger...
The main events by the morning: January 22 Xi Jinping and Vladimir Putin had a video conversation. The leaders of Russia and China noted that by the end of 2024, the countries' trade turnover reached a record high of $245 billion, an increase of 7%....
European Central Bank (ECB) policymakers have expressed concerns over the Eurozone’s slowing economic growth, intensifying speculation about an impending rate cut. However, uncertainty looms over the magnitude of the potential reduction, as market...
Technical analysis of the EURUSD pair On the 4-hour chart, the price is trading outside the price channels, as the channels were broken and the price is now returning to retest. During this week, the price traded in an upward direction, as it...
EUR/JPY Price Reaction The current price of the EURJPY pair is at the level of 162.637. The movement looks dominant above the strong support area at 161.389, indicating a fairly dominant buying sentiment since the beginning of this week. The chart...
