Market Fundamentals: The latest U.S. data revealed a sharper-than-expected decline of 1.1%, significantly exceeding the anticipated drop of 0.4%. Despite a modest 0.3% increase in broader economic activity, this data underscores the ongoing...
XAG/USD Technical Analysis and Forecast The XAG/USD market is in a bearish trend today, hitting a low of 30.05 and then retracing to the current level of 30.45. The price tested the support level 30.10 but failed to break it, leading to a bullish...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
Market Fundamentals: The price regained ground after Thursday’s losses, supported by escalating geopolitical tensions between Ukraine and Russia. Russian President Vladimir Putin signed a decree revising Moscow’s nuclear doctrine, allowing the...
USD/CAD As of January 24, 2025, the USD/CAD currency pair is exhibiting notable movements influenced by recent fundamental developments and technical indicators. Fundamental Analysis: The Canadian dollar (CAD) has experienced significant...
