The Euro moved less in front of today's European Central Bank division. At the European meeting, EUR/USD is currently traded for 1.0396, which is 0.23% per day. ECB is expected to reduce rates to a minimum of two years The European Central Bank is...
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...
Market Fundamentals: Crude oil prices remain under pressure as concerns over slowing global demand overshadow the initial market reaction to an interest rate cut by the People’s Bank of China (PBOC). Despite efforts to stimulate economic growth,...
The GBP/USD wool structure remains somewhat ambiguous but generally clear. There is currently a high probability of long -term mining. The main question concerns the expected wave 2 within 1 that seems unconvincing. On the contrary, Wave 5 looks...
AI Race Heats Up: China Advances, Nvidia Loses 4%, Markets Fall US Stocks End in the Red: Fed, Chinese Tech Impact US stock indexes closed lower on Wednesday, but were able to recover some of their losses after encouraging remarks from Federal...
