Market Fundamentals: The Bank of Canada (BoC) announced another substantial interest rate cut, reducing its benchmark rate by 50 basis points to provide relief amid mounting economic pressures. With Canada’s unemployment rate climbing to multi-year...
$108 billion per day: how DeepSeek's success brought down the fortunes of billionaires The fortune of the 500 richest people in the world decreased by $108 billion in one day due to the sale of shares in the technology sector caused by the success...
Market Fundamentals: The Federal Reserve’s upcoming press conference and release of the Summary of Economic Projections, commonly referred to as the “dot-plot,” are pivotal events that will command the attention of global markets. These updates come...
AUD/USD Key Price Levels The AUD/USD currency pair's price behavior analysis is currently up for discussion. The pair continues to show bearish momentum, with selling pressure creating challenges for buyers. While the trend on the hourly chart still...
Analyzing the Latest Crude Oil Price Action The discussion is currently on analysing the Crude Oil price behavior. According to CL, the price was to continue its decline toward the H4 support level of 71.79, assuming it couldn’t surpass the daily...