Canadian Dollar Sinks as Bank of Canada Prepares Rate Cuts Amid Economic Turmoil
The Canadian Dollar (CAD) took a significant dive on Tuesday, inching closer to the critical 1.4200 level against the US…
Category: News
US Dollar Index Holds Steady at 106 as Markets Eye CPI Data Amid December Rate Cut Speculation
The US Dollar Index (DXY) maintained a steady position around the 106.00 mark this week, as markets digest the impact…
Gold Targets $2,700 Amid Fed Rate Cut Speculation and Geopolitical Shifts
Gold prices rallied on Tuesday, with investors eyeing a potential Federal Reserve rate cut at the upcoming December meeting. The…
3 Bullish Price Predictions for the S&P 500 in 2025: Can It Hit 7,100?
This month, the S&P 500 index reached a milestone, touching an all-time high of 6,099, driving bullish sentiments across the…
China’s Export Ban on Gallium, Germanium & Antimony: 98.8% of Gallium and 59.2% of Germanium at Risk for US Supply Chains
The simmering trade war between the U.S. and China has taken a fiery turn with China’s recent export ban on…
EUR/USD Edges Higher: 20-Day SMA Holds Key as Bulls Eye 1.0600 Resistance
The Euro (EUR) is inching higher against the US Dollar (USD) on Monday, December 9th, demonstrating a tentative recovery after…
Mexican Peso Gains Momentum Amid Soft CPI and Rate Cut Speculation – USD/MXN Nears Key Support Levels
The Mexican Peso (MXN) has continued its upward trajectory, buoyed by softer-than-expected inflation data and growing expectations of a rate…
GBP/USD Soars Toward 1.2800 as Fed Rate Cut Bets Fuel Pound Sterling’s Strength
The Pound Sterling (GBP) started the week on a positive note against the US Dollar (USD), buoyed by increasing expectations…
Gold Prices Surge Amid Geopolitical Tensions, China’s Gold Purchases, and Fed Rate Cut Expectations
Gold prices have seen a significant uptick in recent days, primarily driven by geopolitical uncertainties in the Middle East and…
Australian Dollar Bounces Back: Boosted by China’s Stimulus Plans and Market Optimism
The Australian Dollar (AUD) staged a notable recovery on Monday, buoyed by a combination of improved global market sentiment and…