Market Fundamentals: The Reserve Bank of Australia (RBA) opted to keep interest rates steady at 4.35% during its final policy meeting, but its unexpectedly dovish tone signaled the possibility of a rate cut. Market expectations currently reflect a...
Market Fundamentals: Market sentiment has shifted slightly regarding the Bank of Canada’s (BoC) monetary policy stance after stronger-than-expected labor market data. The latest figures revealed that the Canadian economy added more jobs than...
Market Fundamentals: Traders are overwhelmingly anticipating a nearly 90% probability that the Bank of Japan (BoJ) will raise interest rates from 0.25% to 0.50% at its upcoming policy meeting, marking the highest level since the 2008 global...
The AUD/JPY pair is currently trading at 94.84, showing a range-bound movement with recent downward pressure toward a key support level of 94.45. This level has previously acted as strong support, indicating the possibility of a rebound if the price...
GBP/CAD Outlook Good Morning guys! The market of GBP/CAD had crossed the 0.7945 yesterday. Therefore, we can understand a bearish scenario these days. The Canadian Retail Sales and UK Flash data were not too good. But the overall market of GBP/CAD...
