USD/CAD Market Sentiment and Analysis The USD/CAD market is bullish, trading near 1.43670. Today’s economic data includes Core Retail Sales (MoM), Retail Sales (MoM), and Initial Jobless Claims in the US, significantly impacting the USD/CAD price...
Gold reached a monthly peak amid dollar weakness and expectations of rate cuts The price of gold reached its highest level in the last month during trading in Asia on Thursday. This was due to the weakening of the dollar and lower yields on Treasury...
EURJPY EUR/JPY outlook: The EUR/JPY pair is currently trading around 161.94, showing steady movement and drawing attention from traders. Today, the mix of central bank policies, technical indicators, and market sentiment is shaping up to be a key...
General Points about USDCAD: The Canadian dollar has performed strongly compared to the US dollar. The strength has primarily been driven by negative news events from the USA, such as the PPI and CPI data, which have weakened the US Dollar in recent...
In my personal opinion, the chart presented reflects a strong bullish momentum with notable fluctuations in volatility. The price action demonstrates a clear uptrend, characterized by higher highs and higher lows, signaling consistent buying...
