The US Bureau of Economic Analysis’ initial estimate for the April-June period revealed that the American economy expanded at an annualized rate of 2.8%, down slightly from 3% in the previous quarter. Despite this moderation, market expectations...
Forecast of Crude Oil Crude Oil's price increased throughout the first two trading sessions yesterday, but it abruptly dropped during the New York trading session due to significant bearish momentum, and it formed a robust bearish engulfing candle....
The Australian dollar made a strong recovery, recovering most of its losses from the previous session's decline. Currently, it seems that it is determined to break the critical level of 0.63. However, the real test awaits us at the level of 0.6350,...
Crude oil’s improved performance continues to bolster the pair price, reflecting the country’s heavy economic reliance on this commodity. However, oil’s positive impact on the Loonie could be tempered by broader market sentiment and persistent...
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