Market Fundamentals: Recent optimism surrounding the U.S. economy has tempered expectations of aggressive monetary easing by the Federal Reserve (Fed). A stronger-than-expected Retail Sales report last week helped alleviate fears of a potential...
Market Fundamentals: The price regained ground after Thursday’s losses, supported by escalating geopolitical tensions between Ukraine and Russia. Russian President Vladimir Putin signed a decree revising Moscow’s nuclear doctrine, allowing the...
The Canadian dollar shows limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar opened the week with sharp gains of over 1%, but has since given up about half of those gains....
The EUR/JPY H1 chart illustrates a predominantly bullish trend, with the price consistently forming higher highs and higher lows. The movement is supported by the divergence of the moving averages, which indicate a strong upward momentum. The...
EUR/JPY Today, my focus is on EUR/JPY as key economic events unfold in both the Eurozone and Japan. Fundamental Analysis: In the Eurozone, we have a series of PMI releases lined up: German Manufacturing PMI is expected to tick up to 42.7, while...
