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 bullish momentum enjoyed by the euro experienced a setback on Tuesday, pushing the EUR/USD pair below the 1.0500 level. This decline coincided with market anticipation for the Federal Reserve's final interest rate decision of 2024, scheduled for...
The recent US inflation report has presented a mixed picture for the Federal Reserve, casting a shadow over the outlook for the GBP/USD currency pair. While consumer spending demonstrated robust growth, signaling a healthy economy, inflation...
Gold prices experienced a slight dip on Thursday, following three consecutive days of gains. This decline coincided with a rebound in US Treasury yields, with the benchmark 10-year yield climbing more than 15 basis points above its recent lows. This...
The Spot price, often referred to as the "Loonie," experienced a mixed day on Thursday. While initially showing weakness, the CAD gained ground against the US Dollar (USD) after the Federal Reserve (Fed) unexpectedly cut interest rates by 50 basis...
