Financial markets are widely expecting the US Federal Reserve to lower its benchmark interest rate by another quarter percentage point from the current target range of 4.5%-4.75%. This follows a series of rate cuts totaling 75 basis points in...
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...
The EUR/USD pair is displaying a consolidation phase on the hourly chart, indicating indecision among market participants. Over the past few sessions, the pair has been trading within a narrow range, with the 1.0800 level acting as a central pivot...
In my analysis of USD/JPY for the weekly guest contest, I selected the option predicting that the price would hit or touch both levels. I carefully examined the market dynamics and identified the potential for the instrument to move within the range...
DXY: US Dollar Index. Trump's statements weaken the dollar The U.S. dollar index ( DXY ) is down for a second straight day, hitting a new monthly low, down nearly 0.40% on the day and remains on track for a second straight week of losses. Markets...