Market Fundamentals: The UK's newly elected Labour government has unveiled its first budget, introducing tax increases totaling £40 billion to address public finance deficits and support investments in essential services, according to CNBC. A...
Wisdom in Trading: USD/ CAD Currently, we focus on analyzing the USD/ CAD currency pair's pricing movement. The quote chart has now drawn something similar to a bearish formation, which may eventually send the price of this trading instrument down...
Vital Components for USDCAD: We can see that the Canadian Overnight Rate and other news events have not provided any significant benefit to the Canadian Dollar. Instead, USD-related news has strengthened it considerably. The market is currently...
USDCAD currency pair - D1 period chart. This week we continue to see, and last week the price rushed up and down as if stung. Formed such an expanding formation at the top of the movement, broke through the accumulation zone in both directions and...
The economic downturn in Germany may drag on into 2025 Germany's industrial community is expressing concern, predicting that Europe's largest economy could contract for the third year in a row in 2025. According to their forecasts, the expected...
