The USD/CAD pair is currently showing a slow attempt to grow, but I believe this movement is more indicative of consolidation rather than a strong upward trend. I think the market is waiting for key drivers to provide direction, and these could come...
Yen Strengthens on Bank of Japan's Statement The yen was the best performing major currency in trading on Thursday (20/2/2025) thanks to growing expectations of a Japanese interest rate hike. The USD/JPY currency pair posted a daily decline of...
I observe that the US dollar continues to weaken broadly across markets, and the USD/CHF pair is no exception. I note that the Swiss franc is gaining strength, pushing the pair lower as sellers dominate the momentum. I had initially anticipated a...
Gold prices remain under the spotlight as market participants assess the Federal Reserve's stance on monetary policy alongside broader macroeconomic developments. With the Fed maintaining a data-dependent approach, traders are closely watching key...
As investors seek safe-haven assets, the Yen could strengthen, exerting downward pressure on the pair. However, uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy stance may limit the JPY’s gains. BoJ Governor Kazuo Ueda has...
