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...
The focus of market participants is set to shift toward the critical Bank of Japan (BoJ) policy decision during the upcoming Asian session, which could provide fresh directional impetus for the USD/JPY pair. Expectations are mounting that the BoJ...
The USD/JPY currency pair continues to exhibit notable volatility, driven by a complex interplay of technical and fundamental factors. Recent price action has demonstrated a clear bullish bias, primarily underpinned by the divergence in monetary...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
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...
