Crude oil prices, particularly West Texas Intermediate (WTI), have found some support on Tuesday after volatile swings driven by US tariffs on Monday. Currently hovering just below the $61 mark, WTI is up over 1% for the day, indicating a modest...
The narrowing of US/Canada spreads is providing some support for the Canadian Dollar (CAD), with the 2-year swap spreads reaching their tightest in four months. However, to drive more significant appreciation, the CAD would require more substantial...
The EUR/USD pair is maintaining a steady bullish tone early this week, trading comfortably above the key 1.0900 psychological barrier. The pair has regained traction following two consecutive daily losses, buoyed by renewed downside pressure on the...
The GBP/USD pair witnessed a sharp rebound in Tuesday’s North American session, climbing back toward the 1.2800 handle after touching a monthly low of 1.2707 on Monday. The recovery aligns with renewed weakness in the US Dollar Index (DXY), which...
Gold prices are currently experiencing downward pressure after failing to sustain a position above the key $3,000 per ounce level, slipping back to the vicinity of daily lows near the $2,980 mark. This comes after an attempt to maintain a bullish...