The EUR/USD H1 chart displays a complex price movement pattern, characterized by alternating bullish and bearish phases. The current price level of 1.0415 reflects a market that has been trading in a relatively narrow range, with no clear long-term...
Market Fundamentals: The Canadian Dollar (CAD) has faced significant challenges recently, primarily due to the Bank of Canada’s (BoC) aggressive monetary policy easing. Last week, the BoC cut its borrowing rates by 50 basis points to 3.25%, aligning...
EUR/JPY Today, my focus is on EUR/JPY as key economic events unfold in both the Eurozone and Japan. Fundamental Analysis: In the Eurozone, we have a series of PMI releases lined up: German Manufacturing PMI is expected to tick up to 42.7, while...
Market Fundamentals: The price regained ground after Thursday’s losses, supported by escalating geopolitical tensions between Ukraine and Russia. Russian President Vladimir Putin signed a decree revising Moscow’s nuclear doctrine, allowing the...
The Canadian dollar shows limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar opened the week with sharp gains of over 1%, but has since given up about half of those gains....
