Bloomberg: the ruble has become the best currency on the world market Since the beginning of the year, the Russian ruble has strengthened by 15% against the dollar, making it the most successful currency in the world. This is due to the growing...
USD/CHF Technical Analysis: Current Price Action: As of March 1, 2025, USD/CHF is trading around 0.9027. This puts the pair near the resistance level at 0.9053, which has capped previous bullish moves. I’ll be watching to see if the pair can break...
EUR/USD Technical Analysis: As of March 3, 2025, EUR/USD is trading around 1.0387, having experienced a decline towards the end of the week. On the daily chart, the pair remains within a consolidation range, with the 200-day EMA acting as dynamic...
US bond investors have reacted positively to the nomination of Scott Bessent as the new US Treasury Secretary, with expectations that his fiscal conservative stance will keep US deficits in check. This sentiment has contributed to the recent drop in...
The Canadian Dollar (CAD) has managed to limit its losses thanks to rising oil prices, which provide some support due to Canada’s position as the largest oil exporter to the United States. West Texas Intermediate (WTI) crude has extended its rally...