Megan Greene, a member of the Bank of England’s Monetary Policy Committee, recently emphasized the importance of gradually reducing interest rates as a means to balance economic stability with growth. When discussing inflation, Greene noted that key...
The catalyst behind the USD’s strength is stronger-than-expected US producer inflation data, which raises concerns about persistent inflationary pressures in the economy. While this may influence market sentiment, it is unlikely to shift...
The USD/CAD currency pair, currently trading around the 1.38970 mark, has been on a bearish trend recently, with movement slowing down. The loonie’s strength has been fueled by recent Canadian economic data that have shown moderate resilience, along...
Trading with Pivot Points in Forex: A Guide Pivot points are valuable tools in Forex trading, commonly used by traders to identify key levels for potential support and resistance. These levels, derived from the previous day’s high, low, and closing...
The price of West Texas Intermediate (WTI) crude oil has recently shown a cautious and stable trend, influenced by various economic and technical factors. Currently, WTI is trading around $81 per barrel, with its direction impacted by U.S. oil...
