The currency pair is currently trading within a defined range, struggling to gain significant upward traction. While there have been some signs of stabilization after a recent dip, the pair continues to encounter strong resistance levels. This...
USD / CAD: Trading Recommendation The bulls of USDCAD are still in action, showing a steady effort to maintain control over the market. Yet, momentum remains sluggish as consistent holidays impact trading activity. Reduced market participation has...
The pair is navigating a complex landscape shaped by a confluence of factors. While higher oil prices, an export, should generally provide support for the Dollar, the overall strength of the Dollar is currently exerting significant upward pressure...
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...
The pair softened during early European trading on Thursday, edging closer to the 0.8880 level. This move comes ahead of the highly anticipated US Federal Reserve (Fed) interest rate decision later in the day, where a significant rate cut is widely...
