The USD/CAD pair surged to fresh yearly highs following the Federal Reserve's decision to cut interest rates at its December meeting while simultaneously adopting a more hawkish monetary policy outlook for the coming year. At the time of writing,...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that a weak upward trend has been prevailing this week. The BoA (50) indicator is consistently below the price. In this situation, the right...
The GBP/USD currency pair extended its winning streak for the second consecutive day, reclaiming the 1.2700 level. This recovery marks a partial reversal of the previous week's losses, bringing the Sterling back to its recent medium-term trading...
The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
The latest Eurozone inflation figures have presented the European Central Bank (ECB) with a complex dilemma. While the central bank has already implemented a rate cut, persistent inflation, particularly in core economies like Germany, is raising...
