Crude oil prices experienced a temporary boost on Wednesday, primarily driven by a significant decline in US crude oil inventories reported by the American Petroleum Institute (API). This unexpected drop in inventories, exceeding market...
The currency pair is hovering near a fresh multi-year high of 1.4450 in Thursday's early session, as the Canadian Dollar (CAD) remains under pressure despite some positive developments for the Loonie. While China’s massive stimulus announcement has...
The euro has been under significant pressure in recent years, declining 4.78% against the dollar in 2023. This downward trend has been exacerbated by various factors, including the European Central Bank's (ECB) dovish monetary policy, economic...
The British Pound (GBP) weakened against the US Dollar (USD) on Wednesday, despite the UK's higher-than-expected November inflation figures. While these figures could potentially deter the Bank of England from lowering interest rates, the overall...
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