Canadian Dollar (CAD) Holds Ground Against Weaker USD On the current trading session, the Canadian Dollar (CAD) has seen a slight increase compared to a generally weaker US Dollar (USD).
GBP/CAD Analysis: Bearish Bias Expected to Continue The GBP/CAD pair has recently broken out of a bearish Rising Wedge pattern, signaling a potential downtrend. While the pair is currently experiencing
European Commission's Positive Economic Outlook for the Eurozone According to Scotiabank's Chief FX Strategist Shaun Osborne, the European Commission is optimistic about the region's economic growth in the coming years.
UK Data Disappoints, Impact on GBP This morning, the latest round of UK data has painted a bleak picture, falling below expectations. Industrial Production saw a 0.5% decline in September,
EUR/JPY Threatens Medium-Term Trend Reversal EUR/JPY is approaching levels where it threatens to reverse the medium-term trend. Further downside could see the pair fall to the 50-day SMA. As a
Understanding the USD/CHF Uptrend and Overbought Levels The USD/CHF currency pair is currently in a strong uptrend, consistently making higher highs. However, traders need to be cautious as it has
EUR/JPY Plunges to 163.10 Following 0.72% Decline The EUR/JPY currency pair experienced a significant drop on Friday, falling by 0.72% to reach a low of 163.10. This decline was attributed
The Pound Sterling Struggles Against the US Dollar The GBP/USD pair continues to face pressure as it tests significant support levels, especially after crossing below the 200-day Simple Moving Average
EUR Outlook: Analysis and Predictions The Euro (EUR) experienced a brief dip below 1.05 overnight but quickly rebounded to 1.0568 levels, as noted by OCBC’s FX analysts Frances Cheung and
The GBP/USD Market Update: A Deep Dive into the Latest Trends Overview: GBP/USD Climbs Higher: The GBP/USD pair has seen a slight uptick on Friday, with traders adjusting their short