•••USD/CAD Update(January 15,2025): A Tug-of-War Between Strength and Uncertainty••• ••U.S. Dollar Holds Firm, Canadian Dollar Faces Pressure • As of January 15, 2025, the USD/CAD exchange rate is hovering around 1.4370. The U.S. dollar continues to...
Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
The USDJPY price experienced a significant decline last week, making the downward trend appear likely to continue. However, the price has remained stable since then and shows no further signs of decline, creating uncertainty. While there are some...
•••EUR/USD: Market Update – January 15, 2025••• • The EUR/USD pair is trading at around 1.1165 today, with the market holding steady as traders prepare for upcoming economic events. While the pair has been consolidating in recent sessions, the...