Market Fundamentals: The Federal Reserve’s dot plot provides insight into the projected trajectory of the Federal Funds Rate in both the medium and long term. Market expectations suggest the Fed will implement three interest rate cuts in 2025,...
Market Fundamentals: The Bank of Canada (BoC) has implemented a significant 50 basis point rate cut, lowering the main interest rate to 3.25%. With Canada’s unemployment rate hitting multi-year highs, the BoC has ample justification to overlook...
Gold prices surged to a record high of $2,798.53 following the second round of undisclosed Level 1 events, marking a significant milestone in the precious metal's trajectory. This surge occurred amidst a weakening US dollar, which faced selling...
Good morning bismillahfx, the journey of the GbpUsd pair price this week is still in accordance with the previous market conditions with an Uptrend journey. I monitor the market is still controlled by the buyer or the same as the market situation...
Oil prices on Thursday recorded a significant decline and before the introduction of intraday recovery achieved a new minimum of pulling $ 72.77. This decline led to a decay under a growing trend line and since the beginning of November, prices have...