The Canadian Dollar (CAD) is set to react to official employment data, with market expectations indicating a slowdown in hiring for December. Analysts predict job additions to decline to 25K from the previous 50.5K, while the Unemployment Rate is...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0048 resistance and 2.0061 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
The upside potential for the pair appears limited due to the risk of additional tariffs proposed by US President Donald Trump. Trump has stated that he intends to impose an extra 10% tariff on Chinese goods after taking office, adding to existing...
The Swiss National Bank (SNB) is expected to implement another interest rate cut in March 2025, reducing the key rate to 0.25% after last week’s 50-basis-point reduction. Meanwhile, stronger-than-expected Purchasing Managers' Index (PMI) data from...
Market participants are closely monitoring upcoming economic releases from both the Eurozone and the United States, which could influence EUR/USD’s near-term trajectory. German Retail Sales and the pan-EU Producer Price Index (PPI) inflation data...