Market focus has now shifted to upcoming central bank decisions, with awaiting the highly anticipated two-day FOMC meeting and the Bank of Japan’s (BoJ) policy announcement. As a result, market participants may adopt a cautious stance, avoiding...
The USD/ CAD currency brace has been showing signs of a strong uptrend, with prices remaining elevated above the vital support position of 1.4625. This position has acted as a pivotal point of reference in recent trading sessions, with request...
USD/CAD advances to near 1.4560 following Trump tariffs on Canadian imports USD/CAD rises over 1% after Trump's 25% tariffs on Canadian imports, set to take effect on Tuesday. The US imposed a 25% tariff on Mexican goods and a 10% duty on Chinese...
The Canadian economy is currently facing significant headwinds, with rising unemployment reaching multi-year highs, putting pressure on the Bank of Canada (BoC) to step in with aggressive monetary easing. In response, the BoC is expected to...
The price of the NZDUSD achieved the oversold position on several specialized pointers, including the RSI index, on January 10th, when it challenged the support position of 0.5532 on the diurnal time frame map. After the price adaptation on January...
