EUR/USD is falling towards 1.0550 and moving away from 1.0600. ECB likely to cut rates by 25 bps in December; markets expect 100 bps in 2025 amid economic struggles. The Fed's stance remains cautious, yet markets await a December rate cut. EUR/USD...
Gold (XAU/USD) remains at the forefront of investor focus as recent trading activity highlights both technical and macroeconomic pressures. After briefly surpassing the middle Bollinger Band, gold prices failed to maintain upward momentum,...
The USD/JPY pair trimmed part of its recent gains and bounced from a multi-week low of 150.44. Market players await updates on Tokyo inflation, and first-tier figures for Japan in an another wise quiet Friday From a technical perspective, acceptance...
USD/CAD Today, I’ve been closely watching the USD/CAD pair, and a mix of fundamental and technical factors are shaping its movement. Fundamentally, the USD seems to have a slight edge today, backed by strong U.S. economic data like durable goods...
The euro struggled to maintain its recent upward momentum, falling below the 1.0600 level on Thursday. Thin trading volumes due to the US Thanksgiving holiday and the subsequent shortened trading session limited significant price movements. The...
