Market Fundamentals: The price continues to underperform, weighed down by the Reserve Bank's dovish stance and growing expectations of more aggressive policy easing. Concerns over China's economic recovery and ongoing US-China trade tensions further...
Oil prices on Thursday recorded a significant decline and before the introduction of intraday recovery achieved a new minimum of pulling $ 72.77. This decline led to a decay under a growing trend line and since the beginning of November, prices have...
The Euro moved less in front of today's European Central Bank division. At the European meeting, EUR/USD is currently traded for 1.0396, which is 0.23% per day. ECB is expected to reduce rates to a minimum of two years The European Central Bank is...
Market Fundamentals: Crude oil prices remain under pressure as concerns over slowing global demand overshadow the initial market reaction to an interest rate cut by the People’s Bank of China (PBOC). Despite efforts to stimulate economic growth,...
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...
