The USD/CAD currency pair saw a sharp decline below the significant level of 1.4200 during Tuesday's European trading session, as the Canadian Dollar (CAD) gained strength amidst growing concerns surrounding the US economy. The main catalyst for the...
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...
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 AUD/USD pair has extended its short-term rebound to the 0.6050 region during Tuesday’s Asian session, largely buoyed by a modest recovery in risk sentiment following renewed support measures from Chinese authorities aimed at stabilizing equity...
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...
