Stronger-than-expected Canadian labor market data has tempered expectations for near-term interest rate cuts by the Bank of Canada (BoC). Employment surged by 91,000 in December, the largest gain since January 2023, while the unemployment rate edged...
The GBP/JPY currency pair remains trapped in a bearish cycle, with technical indicators pointing toward a decline between 102 and 151 pips in the upcoming sessions. The price has been unable to break above the 189.51 resistance level, reinforcing...
XAU/USD technical outlook Gold touches all-time high of $2,954 amid trade policy uncertainty. Trump expands tariffs to lumber and soft commodities, adding market jitters. US data mixed: Manufacturing PMI improves, but Services PMI contracts. Gold...
In Friday's early negotiation, crude WTI oil experienced a modest decrease since prices were around key resistance levels. The market seems to be testing the $ 72.50 brand, a level that has historically proven to be an obstacle. In the event that...
So far, EUR/USD sellers appear strong, and they have also broken the 1.0427 level. This confirms a bearish scenario, indicating the need for cautious trading. The market has shown significant selling pressure, pushing the pair lower and maintaining...