Japan’s Ministry of Finance reported a notable improvement in the country’s trade deficit for November, which narrowed to ¥117.6 billion from October’s ¥462.1 billion. However, this optimistic data was tempered by a 3.8% drop in Japanese imports,...
The Double Exponential Moving Average (DEMA) is a technical analysis indicator used in forex and other financial markets to smooth price data while reducing the lag associated with traditional moving averages. It was introduced by Patrick Mulloy in...
Outlook on USD/CAD Pressure on the Canadian Dollar (CAD): The Canadian dollar is currently under significant pressure, primarily due to impending tariffs from the U.S. and various economic conditions. On February 1, a 25% tariff is set to be imposed...
The Federal Reserve’s (Fed) monetary policy trajectory remains in sharp focus as markets analyze key US economic data for hints on the central bank’s rate cut strategy. A recent pullback in US Treasury bond yields has left USD bulls on the...
The American Petroleum Institute's (API) latest report revealed an unexpected decline in US crude oil stockpiles, with inventories falling by 1.58 million barrels last week. This sharply contrasts with market expectations of a 2.3 million barrel...
