General Points about USDCAD: So far, the upcoming Canadian news, including the Overnight and Cash Rate, has not provided any significant advantage for the market. Despite the anticipation surrounding these announcements, they have failed to generate...
The U.S. inflation data remains a pivotal driver of market expectations regarding Federal Reserve policy, with significant implications for the AUD/USD pair. If inflation readings surprise to the upside, it could bolster the likelihood of further...
USD/CHF Market Outlook Greetings and Good Morning to everyone! Today, the SNB Monetary Policy Assessment, SNB Policy Rate, and Press Conference could provide crucial insights that might help sellers of USD/CHF push the price below the 0.8782 zone....
Gold prices continued their upward trajectory on Wednesday, reaching $2,711 per ounce, a 0.40% increase. This rise was primarily driven by the release of US inflation data, which reinforced expectations for a less aggressive interest rate hike by...
THE CURRENCY PAIR USD-CAD D1 period chart - USDCAD currency pair. The wave structure here, as before, is still built in an ascending order; the MACD indicator is growing in the upper purchase zone and above its signal line. There is no joy for the...