General Points about USDCAD: We noticed that on Friday, the sellers of USD/CAD were quite strong, as the pair experienced significant downward pressure. This strength from sellers can be attributed to key factors, such as Trump's speech and the...
EUR/USD As of today, EUR/USD remains under pressure, trading near a two-year low. The recent drop is largely driven by the U.S. dollar’s strength, following President Trump’s announcement of new 25% tariffs on all steel and aluminium imports. This...
The GBP/USD pair has experienced a minor rebound from its Asian session lows, currently trading around the 1.2400 level, showing little change on the day. However, the pair's upside potential remains limited by the slight strengthening of the US...
The Japanese Yen (JPY) continued its downward trajectory during the European trading session, weighed down by concerns that Japan could become a target for US tariffs. This concern, coupled with a slightly stronger US dollar, allowed the USD/JPY...
USD/CAD: Where the Market Stands Right Now(February 10,2025) The U.S. Dollar’s Strength Comes From More Than Just Hype The American economy keeps proving its resilience, with job reports showing solid employment numbers and wages staying firm. A...
