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Read more about the article USD/CAD Outlook: Finding Bottom at 3-Month Lows

USD/CAD Outlook: Finding Bottom at 3-Month Lows

  • Post author:admin
  • Post published:November 30, 2023
  • Post category:news
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The dollar recovered from a three-month low. Data indicating faster than expected growth in the US economy. The BoC revealed skepticism about the benefits of a potential digital currency. As…

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Read more about the article Uptick CPI Sparks Policy Debate

Uptick CPI Sparks Policy Debate

  • Post author:admin
  • Post published:November 30, 2023
  • Post category:news
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Core consumer price inflation in Japan rose slightly in October. BOJ may soon withdraw monetary stimulus due to persistent inflation. The dollar was generally weak as investors held onto the…

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Read more about the article Pound Extends Gains to a Two-Month High

Pound Extends Gains to a Two-Month High

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  • Post published:November 29, 2023
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British companies reported unexpected growth in November. The dollar is headed for a monthly loss of over 3%. Market prices indicate a 23% chance that the Fed will cut rates…

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Read more about the article Euro Holds Firm after Friday’s Surge

Euro Holds Firm after Friday’s Surge

  • Post author:admin
  • Post published:November 29, 2023
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A modest increase in the activity of the service sector neutralized the contraction in production. The dollar is set for its weakest monthly performance of the year. The data confirmed…

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Read more about the article Gold Price Stalls at $2,018, Eying US New Home Sales Data

Gold Price Stalls at $2,018, Eying US New Home Sales Data

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  • Post published:November 29, 2023
  • Post category:news
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The bias remains bullish as long as it is above the 150% line. A new higher high activates further growth. US data could trigger action on KSAU/USD. The price of…

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Read more about the article EUR/USD Price Signals Buyers’ Exhaustion Near 1.0960

EUR/USD Price Signals Buyers’ Exhaustion Near 1.0960

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  • Post published:November 29, 2023
  • Post category:news
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The bias remains bullish as the dollar index is bearish. A new higher high activates further growth. US CB consumer confidence should be decisive. EUR/USD is trading in the green…

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Read more about the article US Dollar Plunges to 3-Month Low

US Dollar Plunges to 3-Month Low

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  • Post published:November 29, 2023
  • Post category:news
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The Federal Reserve could start cutting interest rates by the first half of next year. The euro strengthened by around 3.4%, which is its most significant monthly growth of the…

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Read more about the article Pound Poised for a Remarkable Monthly Close

Pound Poised for a Remarkable Monthly Close

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  • Post published:November 29, 2023
  • Post category:news
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Investors expect a quick transition to a rate cut in the US in 2024. Sterling is up almost 4% against the dollar this month. On Monday, Sunak revealed 29.5 billion…

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Read more about the article Bulls Hit 4-Month Top Despite Low CPI

Bulls Hit 4-Month Top Despite Low CPI

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  • Post published:November 29, 2023
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In October, there was a drop in inflation in Australia. Australians have benefited from a weakening greenback. Financial markets expect the RBA to keep rates unchanged in December. In Wednesday's…

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Read more about the article USD/JPY Forecast: Dollar Hits 3-Month Low on Dovish Fed

USD/JPY Forecast: Dollar Hits 3-Month Low on Dovish Fed

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  • Post published:November 29, 2023
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The Fed's Waller suggested the possibility of rate cuts in the coming months. The dollar fell more than 0.5% to 146.675 yen, its weakest point in more than two months.…

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