The pair witnessed slight gains during Friday’s New York session, holding just below the critical resistance level of 1.3591. Despite Thursday's weak recovery, the Loonie (Canadian Dollar) benefitted from a sharp rise in the US Dollar (USD). The US...
The USD/JPY pair experienced a sharp retreat from the 149.00 level, tumbling below the 142.00 mark as US Treasury bond yields declined. This downward movement extended the US Dollar's (USD) losses, reflected in the US Dollar Index (DXY), which...
Crude oil prices are bracing for significant volatility, largely due to the actions—or inactions—of OPEC. While production cuts have offered some support, the outlook remains more tilted toward downside risks. If OPEC decides to tweak its current...
The spot prices rallied sharply in the American session, surging around the $2,660 region after the release of positive jobs and hourly wage data. Fed Chairman Jerome Powell indicated that US employment figures would become a pivotal factor in...
The spot price experienced a decline against the US Dollar on Friday, closing near 0.6790, a 0.67% decrease. This downward movement was driven by a combination of mixed US economic data and cautious remarks from the Reserve Bank of Australia (RBA)...