The USD/CHF currency pair is currently influenced by a mix of technical factors and diverging central bank policies. The Swiss National Bank (SNB) is maintaining a cautious stance on monetary policy, with inflation remaining subdued and expectations...
GBP/USD churned chart paper just below 1.2600 on Tuesday, marking out familiar territory as the Pound Sterling struggles to find an intraday direction against the Greenback GBP/USD remains hobbled on the south side of the 1.2600 handle, churning...
The EUR/USD currency pair traded around the 1.0500 level on Tuesday, as its directional momentum began to wane. With the US Thanksgiving holiday on Thursday and limited trading hours on Friday, market activity is expected to be subdued this week....
The Loonie remains firmly in positive territory, buoyed by the strength of the US Dollar, which has gained momentum from robust economic data and growing expectations of a potential Federal Reserve rate cut. However, volatility in the pair persists...
Inventory Draw and Bearish Sentiment The U.S. crude oil market is navigating a blend of conflicting forces, with recent API data showing a substantial inventory draw of 5.935 million barrels for the week ending November 22, 2024. This surprise...
