The USD/CAD pair has recently consolidated around the 1.3960 level, after a period of upward momentum. While the Canadian Dollar (CAD) has received some support from higher crude oil prices and a potential slowdown in Bank of Canada rate cuts, the...
GBP/USD Market Outlook The GBPUSD pair price movement until now remains in a bearish trend. The increase in the UK inflation results (CPI) released yesterday did not seem to support the outlook for the Pound Sterling currency. The price was again...
General Points of EURJPY: I believe today the EURJPY market will remain in favor of the sellers. The pair is currently trading around the 163.50 level, showing signs of downward momentum. This week, the ongoing G-20 meetings have not provided much...
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•••USD/JPY: A Narrow Range Amid Macroeconomic Forces November 21,2024••• The USD/JPY currency pair is trading within a narrow range today, with buy orders at 154.97 and sell orders at 154.95. This small fluctuation reflects ongoing market...