The USD/CAD currency pair, currently trading around 1.3688, has been experiencing a bearish trend, indicating a period of weakness for the US dollar (USD) against the Canadian dollar (CAD). This decline suggests various economic, political, and...
The pair fell below 1.0700 on Thursday, erasing recent gains as confidence in the Euro (EUR) weakened due to political instability within the European Union (EU). This decline coincides with disappointing US Producer Price Index (PPI) figures, which...
EUR/USD D1 TIME FRAME CHART. My plans for the EUR/USD outlook for today have already changed. Most likely they will move the rate to the daily MA. It is at the level of 1.0780. We are already at the 7th figure, and that we moved south at the end of...
Date: 28th June 2024. Market News – Dollar corrects ahead of the PCE. Asian European Open: * Stocks rose marginally, with some help from a bounce in tech shares. The NASDAQ rallied 0.3%, with the SP and Dow each up 0.09%. Financial Markets...
As the pair hovers around 1.0690 in early Asian trading on Friday, the market remains subdued amidst anticipation surrounding European parliamentary elections. This uncertainty has investors closely watching upcoming events such as ECB President...