Market Fundamentals: The Bank of Canada (BoC) has implemented a significant 50 basis point rate cut, lowering the main interest rate to 3.25%. With Canada’s unemployment rate hitting multi-year highs, the BoC has ample justification to overlook...
Oil prices fell to January lows Oil prices fell to January lows on Thursday due to concerns about the possible imposition of U.S. tariffs on oil imports from Mexico and Canada, the largest suppliers of raw materials to the United States. By...
Hello. As a result, we did not see any particular activity in the market yesterday on Powell's decision to leave the rate at the same level. It is noteworthy that he ignored Trump's demand to immediately start cutting the rate, and said that the...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...
Market Fundamentals: The Euro continues to struggle against the Japanese Yen as market sentiment remains bearish amid expectations of aggressive rate cuts by the European Central Bank (ECB). The bleak economic outlook for the Eurozone, coupled with...
