Governor Macklem highlighted the increasing uncertainty and susceptibility of the economy to shocks, indicating that the BoC is prepared for a cautious approach. He stated that policy rate adjustments will be assessed on a meeting-by-meeting basis,...
•••USD/CHF Market Action: January 10, 2025••• ••Current Price Movements • The USD/CHF pair is trading at a bid price of 0.9139 and an ask price of 0.9142, with a spread of three pips. These figures reflect the balance between market demand and...
The GBP/JPY pair experienced a significant decline on Thursday, reaching its lowest level in nearly a month and approaching its critical 200-day Exponential Moving Average (EMA). This downturn reflects a prevailing cautious market sentiment,...
EUR/USD EUR/USD outook: As of today, January 10, 2025, the pair is hovering around 1.0308, influenced by the eurozone's economic struggles and the US dollar's resilience. To summarize, the eurozone is facing an economic slowdown, with a...
Monetary policy divergence and evolving economic conditions are shaping a complex outlook for the price against the Dollar. Optimism surrounding China’s stimulus measures and the Reserve Bank's hawkish tone lend support to the Aussie. However, the...
