Switzerland's manufacturing sector showed slight improvement in January, with the SVME Purchasing Managers' Index (PMI) edging up to 47.5 from 47.0, though it remained below market expectations of 49.0. The modest gain was dampened by declines in...
Market participants are widely anticipating a 25-basis-point rate cut by the Federal Reserve (Fed) at its upcoming meeting, with traders currently pricing in an 86% probability of this move. Ahead of the decision, all eyes are on the U.S. Consumer...
USD/CAD trades with moderate profits near 1.4305 on Thursday late US session. Canadian ivey PMI shows that activity is declining in January. Investors carefully monitor reports from the US and Canadian labor markets, which are due later on Friday. A...
The main events by the morning: February 6 Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching the maximum price increase since August 2022. This is due to higher premiums for Middle Eastern raw...
Yesterday, EUR/USD experienced a significant bearish movement, dropping sharply to lower levels. Current technical indicators suggest a complex market scenario. The MA100 is trending downward at a modest angle of fifteen degrees, signaling that...
