Gold jumped to a high of 2,595 on Thursday and retested Wednesday's all-time high of 2,600. Despite hitting new highs, Wednesday's session ended on a weak note, with a bearish reversal and closing in the lower half of the day's trading range. This...
Market Update: Key Developments This Week All significant fundamental events have transpired over the past week. The market has once again demonstrated that the nature of fundamental events holds little meaning. In every event, the market tends to...
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The U.S. dollar remains under significant pressure following the Federal Reserve's decision to lower interest rates by a half point, but this is not the only problem on the Forex market. As anticipated, the Fed's unprecedented 0.50% rate cut has...
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. In the data calendar, Canada released retail sales while the US had an unusually quiet day with no news. Canada's...
