USD/CAD For the USD/CAD pair, here’s my take on the current technical and fundamental situation: Fundamental Analysis: U.S. Economic Data: I’m keeping an eye on U.S. economic indicators like GDP growth, unemployment, and inflation. If the Federal...
The US Dollar (USD) continues to strengthen, buoyed by cautious remarks from Federal Reserve Chair Jerome Powell and robust economic data from the US. Powell's recent comments have raised expectations that the Fed may not need to cut interest rates...
EURUSD TECHNICAL ANALYSIS INTRADAY The EUR/USD pair is trading around 1.0900 and is still in a corrective phase. I anticipate further declines but expect a corrective rebound towards 1.0 8900 before the pair resumes its downward movement. Technical...
USD/JPY USD/JPY Rises to Over 149.00 After Soft US CPI Data USD/JPY rises to near 149.00 as the US Dollar rises following weak US inflation statistics for February. Cooling US inflation is expected to increase Fed dovish bets. Despite the fact that...
USDCAD currency pair - let’s look at the daily chart period today. The month of March, which began not so long ago, began with an intensive decline, which is understandable. The American dollar weakened against most of the major world currencies....