The spot prices are experiencing a rally as the EU trading session kicks off, though concerns are building ahead of key events, particularly with OPEC+ and its delayed policy decisions. While prices are rising, a weekly loss for oil appears...
The spot prices remain in a defensive posture during the early European session on Thursday, staying below the key $2,600 mark but still within striking distance of its all-time high. As the market absorbs growing expectations that the Federal...
USD/CAD Technical and Outlook Overview The USD/CAD market has been trending higher lately. The USD/CAD market reached 1.4465 before facing selling pressure, which led to a pullback. The USD/CAD market price is currently trading around 1.43721 and is...
Powell staged a sell-off: Nasdaq fell by 3.5%, bitcoin went below $100,000 At the last meeting, the Fed, as expected, cut the rate by 0.25%. This decision was taken into account by the markets in advance, but the revised forecasts for rates caused a...
NZD/USD had a miserable Wednesday, falling 2.3%. The pair reversed course on Thursday and is trading at 0.5659 in the European session, up 0.66% on the day at the time of writing. The New Zealand dollar is down sharply, down 10.8% since October 1st....
