The Canadian dollar took a break after an impressive three -day rally in which the currency climbed by about 2%. At the European meeting, USD/CAD is traded at 1.4148, which is 0.39%. On Thursday, the Canadian dollar touched 140.26, which is the...
The USD/CHF pair continues to exhibit a bearish undertone despite showing signs of stabilization after recent declines. The broader trend remains tilted to the downside, but technical indicators and macroeconomic cues suggest the potential for a...
Gold prices extended their steep decline on Monday, falling over 2% and breaching the psychologically significant $3,000 mark. XAU/USD is now trading around $2,971 — its lowest level since mid-March as investors flocked to the US Dollar amid...
The US Dollar Index (DXY), which measures the strength of the US Dollar (USD) against a basket of six major currencies, is trading near the 103 mark, reflecting a rebound seen last Friday. This recovery came amid a surge in market volatility,...
ANALYSIS OF USD/CAD PAIR. On the 30-minute timeframe of the USDCAD chart, we observe a substantial recovery following a steep downtrend that took the price from around 1.4380 down to the 1.4015 level. This sharp decline was characterized by...
