GBP/USD Price Activity Study As expected, the Bank of England (BOE) said on Thursday it would keep its interest rate unchanged after its September meeting. Notably, one lawmaker backed a 25 basis point rate cut. BoE Governor Andrew Bailey expressed...
USD/CAD Market Outlook Greetings and Good Morning to all Visitors! Today, the market of USD/CAD can help buyers cross the 1.3665 zone. Because the Canadian data was also not better and helpful for the sellers. Moreover, traders should be prepared to...
AUDUSD TECHNICAL ANALYSIS Rumors are circulating about aggressive interest rate cuts at the upcoming November policy meeting. The Federal Reserve recently announced a 50 basis point rate cut, bringing the federal funds rate to a range of 4.75% to...
Market Overview Greetings everyone, and a warm welcome to Interlock's Trading Journal! I hope you're all doing well and reaping the rewards of my recent Bitcoin analysis. As I predicted, Bitcoin tested the 60,100 level yesterday and then rallied,...
The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3573 at the time of writing, up 0.12% today. In the data calendar, Canada released retail sales while the US had an unusually quiet day with no news. Canada's...
