Market Fundamentals: The Canadian Dollar (CAD) remains under pressure amid growing bets for a larger rate cut, exacerbated by a rising domestic unemployment rate. However, a recovery in crude oil prices could help mitigate some of the CAD's losses,...
USD/CHF As of today, USD/CHF is trading around 0.9126, showing a 0.19% increase. The pair has rebounded from key support, keeping the bullish momentum intact. With market sentiment favouring the dollar, I'm watching for potential breakouts....
Market Fundamentals: Recent data from the U.S. Census Bureau revealed a notable 5.9% increase in New Home Sales, reaching a seasonally adjusted annual rate of 664,000 units. Additionally, last month’s sales figures were revised upward to 627,000...
February 4, 2025 The NZD/USD pair is trading around 0.5650, reflecting a downward trend over recent sessions. On February 3, the pair reached a multi-month low of 0.5515 before recovering slightly to 0.5595. NZD/USD hovers around 0.5650 during early...
Market Fundamentals: The European Central Bank (ECB) is widely expected to cut its key interest rate by 25 basis points (bps) to 2.75%, continuing its monetary easing amid economic uncertainty and persistent service inflation. According to Mark...
