The surface reveals a dominant seller-driven narrative, suggesting an overall bearish sentiment. However, much like an iceberg, a significant part of the market remains hidden beneath the surface. Beneath the visible sell pressure, bargain hunters...
Gold has been trading within a consolidative range above $2,670, showing resilience amidst a mix of market dynamics, geopolitical uncertainties, and technical indicators suggesting the potential for a breakout. Investors are keen to see whether...
•••USD/CHF Market Action: January 10, 2025••• ••Current Price Movements • The USD/CHF pair is trading at a bid price of 0.9139 and an ask price of 0.9142, with a spread of three pips. These figures reflect the balance between market demand and...
Geopolitical instability, especially in the Middle East, remains a key factor influencing global oil prices. Traders are particularly sensitive to any sudden escalation of tensions, knowing that such events can disrupt the oil supply chain and push...
Governor Macklem highlighted the increasing uncertainty and susceptibility of the economy to shocks, indicating that the BoC is prepared for a cautious approach. He stated that policy rate adjustments will be assessed on a meeting-by-meeting basis,...
