XAU/USD. Analysis and Forecast Today is the second consecutive day of positive momentum for gold, driven by expectations of further interest rate cuts by the Federal Reserve. Gold continues to gain positive momentum as markets anticipate additional...
The Canadian dollar weakened slightly on Friday. In the European session, USD/CAD is trading at 1.3767 at the time of writing, up 0.19%. The Canadian dollar has hit a rough patch and is on a seven-day decline of 1.6%. The Canadian dollar weakened to...
AUD/USD Weekly Market Analysis Greetings and Good Morning to all Visitors! Yesterday, the market of AUD/USD reached around the 0.6741 zone. And, the US PPI rate couldn't help the sellers to come back. In the last week, if we analyze the fundamental...
USD/CAD Weekly Market Outlook Good Morning guys! We saw a better market sentiment in the last week. The Canadian unemployment rate had reduced and the Employment rate was too good. However, the US news data was negative side. So, if we carefully...
The USD/CAD currency pair, currently trading around the 1.3749 level, is exhibiting a bearish trend at this point. This trend indicates that the U.S. dollar is weakening against the Canadian dollar, potentially due to various macroeconomic factors...