Gold prices have established an ascending channel pattern, visually represented in blue on the chart, which has served to delineate key reversal points during its formation. From this technical perspective, one prevailing interpretation suggests...
EUR/USD Forecast Hello and Good Morning, everyone! The EUR/USD market saw a sharp decline, settling around the 1. 1444 level yesterday. This drop occurred despite the ECB President’s speech and other news being relatively good. Today’s US...
Concerns over a potential global economic slowdown have resurfaced, especially after the U.S. exempted several Chinese-manufactured tech products from proposed tariffs—an attempt to ease trade friction without fully retreating from a confrontational...
The latest Summary of Economic Projections (SEP) from the Federal Reserve signals stability in interest rates, with the median forecast for the federal funds rate holding steady at 3.9% through the end of 2025. However, the Fed has revised its...
USD/CAD During Thursday's Asian session, the USD/CAD currency pair is trading a bit lower at about 1. 3870 after a 0. 50% increase the day before. The rise on Wednesday was primarily due to a decline in the Canadian dollar (CAD), which was affected...
