Crude oil prices remain under pressure as a weak demand outlook and rising global economic risks weigh on market sentiment. Investors are closely watching the upcoming Q3 Gross Domestic Product (GDP) data from the Eurozone and the United States (US)...
Governor Kazuo Ueda stated that the timing of adjusting monetary support would depend on economic, price, and financial developments. However, his remarks did not provide any clear indication regarding the timing of a potential rate hike, which...
As traders await the publication of United Kingdom (UK) Retail Sales data, the GBP rises against the USD and breaks over the 1.2600 mark on Thursday. In the meantime, the US dollar declined due to a dismal US jobs report. The GBP/USD exchange rate...
The traditionally safe-haven price faces potential headwinds as geopolitical tensions in the Middle East show signs of easing. Market participants are closely monitoring ongoing negotiations for a long-delayed ceasefire agreement and a hostage...
Markets appear to sense a potential shift in the president-elect’s previously hardline stance, offering some relief to the Canadian Dollar (CAD) and other currencies. However, uncertainty lingers in Canada’s political landscape following Prime...
