Overview of USD/CAD Outlook The Canadian Dollar (CAD) is currently under significant pressure, primarily due to the impending tariff decisions from the U.S. and other economic factors. As of February 1, a 25% tariff on imported goods from Canada and...
Due to upbeat Eurozone economic data, the EUR/USD pair had a bullish week. At the same time, the impact of Trump’s tariff threats faded during the week, allowing the currency to climb. The US president has failed to give clear guidance on tariffs...
China's Caixin Services PMI unexpectedly dropped to 51.5 from 52.0, intensifying concerns about the fragile recovery in the world's second-largest economy. This has added pressure on the Australian Dollar (AUD), often seen as a proxy for Chinese...
Investor concerns over the Eurozone's economic outlook have intensified, placing significant pressure on the price against major currencies, except for certain Asia-Pacific peers. The uncertainty stems from multiple factors, including Trump’s first...
The focus of market participants is set to shift toward the critical Bank of Japan (BoJ) policy decision during the upcoming Asian session, which could provide fresh directional impetus for the USD/JPY pair. Expectations are mounting that the BoJ...