The main events by the morning: November 29 Steelmaking is declining in Russia. According to data for January-October 2024, steel production decreased by 7% compared to the same period last year and amounted to 59.1 million tons. The largest drop...
The price made modest gains against the US Dollar (USD) on Friday, recovering some ground after a report on producer prices indicated that inflation is on the decline. This positive development further fueled expectations that the Federal Reserve...
The Loonie experienced a significant pullback during the early Asian session on Friday, retreating to around 1.3980 after an impressive rally. This decline comes amid stronger-than-expected U.S. inflation data and hawkish comments from Federal...
The price has recently shown signs of recovery after significant intraday losses against the dollar, bringing the pair down to the mid-151.00s as the European trading session approached on Friday. This rebound comes amid growing concerns that...
The price has been showing signs of upward momentum, particularly around the 0.8810 level during the early European session. This rally comes on the heels of a surprising interest rate cut by the Swiss National Bank (SNB), which has led to a...