In Wednesday's European session, the pound sterling (GBP) value rises to around 1.2500 about the US dollar. Following US President Donald Trump's decision to postpone tariffs on Canada and Mexico, the US dollar loses risk-premium and gives up its...
USDCAD USDCAD outlook: The USDCAD pair is being shaped by multiple factors, primarily the strength of the U.S. Dollar, fluctuations in oil prices, and the Bank of Canada's (BoC) policy stance. The U.S. Dollar remains resilient, supported by strong...
USD/jpy Outlook Greetings and Good Morning to everyone! Today, the US dollar has some news events related to the ADP Non-Farm Employment and Unemployment rates. So, the USD/JPY traders can survive in this market effectively. They have to trade...
The cost of products does not solely depend on the level of import duties. Even if import duties are raised by 10%, the prices for end consumers and exporters' profits may remain unaffected. This is because various measures can offset price...
Currency pair EURUSD - let’s consider the four-hour period of the chart today. This new trading week and month started with a sharp downward drop and an impressive price gap, which, however, traders have already closed. It is clear how the figure of...
