The Canadian dollar (CAD) faced renewed pressure last week as Bank of Canada (BoC) Governor Tiff Macklem provided a cautious yet open-ended stance on monetary policy. While Macklem acknowledged that Canada’s economy was on a more stable footing,...
The EUR/USD pair retraced its intraday gains after reaching a one-month high near 1.0530, declining to around 1.0460 during Monday’s North American session. The pullback came as the US Dollar (USD) rebounded strongly, defying weak US flash SP Global...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2630 on the daily timeframe, showing a bullish push towards a critical resistance level. The price is above the 70-period moving average, confirming short-term bullish momentum. The RSI...
EURUSD Analysis The EUR/USD pair continues to struggle to stay above the psychological level of 1.0500. The pair briefly broke this level today, but was unable to maintain its momentum and fell below the January high of 1.0532. The recent decline...
Silent Points about GBPNZD: At the moment, the GBPNZD market has closed at the 2.1970 level, indicating that sellers remain stronger. The current price action suggests a bearish sentiment, with market participants favoring short positions. The...