The USD/CAD currency pair is currently retracing after several days of substantial gains, as it tests the limits of its upward channel. Traders are closely watching the pair’s reaction to key technical levels to determine if the USD/CAD will break...
Gold price (XAU/USD) attracts sellers for the fifth successive day and drops to its lowest level since September 19, around the $2,559-2,558 region during the Asian session on Thursday. The US Dollar (USD) prolongs its post-election rally and climbs...
Technical Analysis: GBP/USD on the Hourly Chart GBP/USD Currency Pair Bearish Trend On the hourly chart, the GBP/USD currency pair demonstrates a bearish trend and has a price trading near 1.2740. The level of 1.2750 support has been tested lately...
Donald Trump boosts currency options trading Remarkably, currency options trading picked up steam in light of Donald Trump's victory. Bloomberg reported that trading in currency options reached record levels following the election of the Republican...
The Australian Dollar (AUD) has weakened against the US Dollar (USD) following the release of key economic data. Australia's consumer inflation rate is expected to have slowed down to 3.8% in November, marking a decline from the previous month's...