USD/CAD: Market Drivers and Key Moves Today(February 6,2025) Tariff Tensions Weighing on the Canadian Dollar The big news today is the renewed tariff issue between the US and Canada. On February 1, 2025, the US introduced a 25% tariff on Canadian...
The GBP/USD currency pair experienced a surge of buying activity, driven by a confluence of factors including easing trade war anxieties and anticipation surrounding the Bank of England's (BoE) upcoming interest rate decision. Market sentiment...
AUD-USD PAIR ANALYSIS On the AudUsd market pair traded on Wednesday yesterday was able to be maintained by buyers who returned more dominantly and maintained the price to remain above the buyer support area at a price of 0.6243-0.6244 which the...
USD/JPY Well, we can only state the fact that USD/JPY obediently went to work out the targets below, as we prescribed it. In this case, you and I failed, since we did not dare to open a deal. We always wait for some greater reliability, and then...
Technical Analysis AUD/USD From a technical perspective, caution is warranted. For AUD/USD, key support is at 0.6087, the lowest level in 2025. A break below this level could push the pair towards the 0.6000 level. On the upside, resistance is at...
