During Friday's US trading session, the spot price rose to around 153.80, supported by the continued strength of the Dollar. However, the pair closed the day at 153.63, as traders focused on upcoming economic data expected to show improvement in...
The Spot price is struggling to maintain its strength despite firm crude oil prices this morning, as broader concerns about China’s economic slowdown weigh heavily on commodities. This underperformance of the CAD has pushed the USD/CAD pair back...
The Spot price is gaining momentum, trading near 0.8940 during the early European session on Friday. The strengthening Dollar has been a key driver, with traders positioning themselves ahead of important US economic data set to be released next...
The Swiss National Bank thus cut its key deposit rate by 50 basis points from 1.00% to 0.50% today, surprising markets that had expected a 0.25% cut. An accompanying central bank statement said the bank's management "will continue to closely monitor...
General Points about NZDUSD: This week has been quite challenging for NZDUSD buyers as they have consistently lost value, with the pair facing significant downward pressure. The market experienced a sharp decline, reaching the 0.5783 level...
