Market Fundamentals: Recent optimism surrounding the U.S. economy has tempered expectations of aggressive monetary easing by the Federal Reserve (Fed). A stronger-than-expected Retail Sales report last week helped alleviate fears of a potential...
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....
USD/JPY The USD/JPY market is trading in a downtrend today. The USD/JPY market reached an intraday high of 156.77 but failed to sustain the gains and is currently trading at 155.89. The USD/JPY market encountered strong resistance at 156.50 and...
Market Fundamentals: The latest U.S. data revealed a sharper-than-expected decline of 1.1%, significantly exceeding the anticipated drop of 0.4%. Despite a modest 0.3% increase in broader economic activity, this data underscores the ongoing...
