WTI crude oil futures have experienced a downward trend over the past three weeks, declining by approximately 6% since reaching a peak of 79.36 in January. The recent sell-off intensified on Tuesday, pushing prices to a low of 70.66. However, the...
EUR/USD The EUR/USD pair is hovering around 1.0300 today, maintaining its bearish momentum. Over the past four months, the euro has dropped nearly 8%, inching closer to levels last seen in September 2022. The downtrend remains intact, with no clear...
The potential re-election of Donald Trump is expected to weigh on risk-sensitive currencies as his protectionist trade policies could heighten global economic uncertainty. Trump has pledged to impose a universal 10% tariff on all foreign economies,...
The NZD/USD currency pair is currently positioned in a sensitive technical zone, with 0.5668 acting as a key pivot point that could determine the pair’s next move. If this level holds, the pair could rise between 29 and 43 pips, reaching the first...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...