Fundamental Analysis Category

Currency Market Stabilizes Ahead of Powell Speech, Bitcoin Gains Momentum On Wednesday, the U.S. dollar remained stable as traders awaited Federal Reserve Chair Jerome Powell’s congressional testimony and upcoming key events, including a European Central Bank (ECB) rate decision and U.S. jobs data. Bitcoin showed renewed momentum in the cryptocurrency market, though it did not

Gold Price Stable Near High, Amid Fed Rate-Cut Speculation and Market Softness During the early hours of Tuesday’s European trading session, the Gold price, measured in XAU/USD, maintained a steady range, reflecting a period of consolidation after its recent significant surge to a three-month high near the $2,120 mark, achieved the previous day. This stability

Japanese Yen Dips Versus USD as BoJ Uncertainty Lingers; Tokyo CPI in Focus Tuesday The Japanese Yen (JPY) is experiencing renewed pressure after a slight recovery from its year-to-date low on Friday, as it enters the European trading session with a weaker stance against the US Dollar (USD). This development comes in the wake of

Japanese Yen Weakens Against USD as BoJ-Fed Policies Diverge During the Asian trading session on Friday, the Japanese Yen (JPY) faced increased selling pressure, moving away from its two-week high achieved following hawkish comments by Bank of Japan (BoJ) board member Hajime Takata. These comments had momentarily fueled expectations of a more aggressive monetary stance

USD/CAD Nears Two-Week High, Oil Price Surge May Limit Gains Before US Data The USD/CAD currency pair has been on a rising trend for the fourth consecutive day, reaching a near two-week peak around the 1.3545 mark during the Asian trading session on Wednesday. This upward movement is largely driven by an increased demand for