Market Fundamentals: France’s HCOB Services PMI rebounded to 49.3, surpassing both the previous reading of 48.2 and market expectations. Similarly, Germany’s HCOB Services PMI climbed to 51.6, exceeding forecasts and the prior figure of 51.4,...
Market Fundamentals: Geopolitical tensions in the Middle East are likely to further impact the price of silver, as investors turn to the precious metal in times of uncertainty. Former President Donald Trump called for Israel to break the ceasefire...
Market Fundamentals: Geopolitical tensions in the Middle East, coupled with the ongoing Russia-Ukraine conflict, are fueling demand for safe-haven assets, benefiting the Swiss Franc (CHF). The latest escalation saw Israel launch strikes on Houthi...
General Points about USD/CAD: The Canadian GDP rate being on the negative side has led to a decline in the value of the Canadian dollar. Weak economic growth has put pressure on the currency, making it less attractive to investors. A slowing economy...
Hello. The Euro has fallen even more dynamically than the Pound, sellers were able to break through the level of 1.03998 during this fall, if they manage to confidently consolidate below it, then the next target for the development of the downward...