The USD/CAD currency pair experienced a reversal of its recent bullish trend, trading around 1.4390 in early European trading on Friday. This decline followed a three-day winning streak. Several factors contributed to this shift in market sentiment....
Japan’s Ministry of Finance recently reported a surprising improvement in the trade deficit for November, narrowing to ¥117.6 billion from October’s ¥462.1 billion. This positive shift is attributed to robust export growth, which rose by 3.8%...
Traders appear hesitant, opting to remain on the sidelines while awaiting critical US inflation data that could provide valuable insights into the Federal Reserve’s rate-cut trajectory. The release of the US Personal Consumption Expenditure (PCE)...
The AUD/USD currency pair traded sideways around the 0.6200 level during the North American session on Friday, exhibiting a period of consolidation as investors eagerly awaited the release of the US ISM Manufacturing Purchasing Managers' Index (PMI)...
Bitcoin (BTC) inched higher by 0.21% on Friday, following a 1.10% gain the previous day, closing at $98,081 – the highest level since December 25. Despite the advance, BTC remained below the critical $100,000 psychological threshold for the...
