(BOC) Bank of Canada reduces policy rate by 50 basis points to 3¼%
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with […]
US: Headline Inflation Ticks Higher in November, While Core Holds Steady
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in November, after rising 0.2% m/m […]
USD/CAD Steady Ahead of BoC Rate Decision
The Canadian dollar is drifting on Wednesday, ahead of the Bank of Canada rate decision […]
USD/CAD at a 56-Month High
As evidenced by the USD/CAD chart, yesterday the rate climbed above 1.4190 – a level […]
Between $95K and $100K, Bitcoin Changes Long-Term Holders
Market Picture The cryptocurrency market remained roughly the same as the day before at $3.45 […]
Aussie Slumps on Yuan Depreciation Speculation; US CPI and BoC Loom
Australian Dollar continued its decline today as speculation mounted that China might allow Yuan to […]
USDJPY Battles With 200-Day SMA Near 152.00
USDJPY remains below short-term uptrend line Bullish doji candle proved true Stochastic rallies occur in […]
EUR/USD Faces Resistance While USD/CHF Builds Momentum
EUR/USD extended losses and traded below the 1.0550 support. USD/CHF is rising and might aim […]
USD Strengthens as ECB Rate Cut Looms
Fundamental Analysis The USD’s revaluation on Tuesday, December 10, 2024, is largely driven by expectations […]
US CPI accelerates to 2.7% in Nov, core CPI unchanged at 3.3%
November’s US inflation data came in line with expectations, showing no significant progress toward easing […]