The idea that the Fed is reluctant to cut rates much further is starting to sink in with a reluctant market. See the CME FedWatch chart for June 2025. A large percentage has seen no change by then, 29% (up from 22.8% a month ago). Only 44.4% see one...
USD/CAD Fundamental Analysis: 1. Higher Oil Prices and the Canadian Dollar: - The Canadian Dollar (CAD) is typically highly correlated with oil prices because Canada is a major oil exporter. Higher oil prices generally support the CAD, as they...
GBP/USD Price Move I am examining the GBP/ USD currency pair's real-time pricing analysis. As Sunday comes to an end, the GBP/USD market is set to reopen tonight, and traders are bracing for what could be a pivotal week ahead. Examining the H4 chart...
The currency pair has shown notable resilience, hovering near the bullish territory around the 1.4420 level, primarily driven by the U.S. Dollar's strong performance. Earlier in the session, the pair recorded a modest dip to 1.4345 before shifting...
USD/JPY extends gains with a move to all-time highs in sight The US dollar continues its ascent against the Japanese yen, signaling a strong uptrend that looks poised to challenge the critical 158 yen level. A break of this key resistance could pave...
