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MARKET NEWS

November 13, 2023
USD/CAD Holds Above 1.3800 Amid Falling Oil Prices

USD/CAD Holds Above 1.3800 Amid Falling Oil Prices The USD/CAD currency pair has shown resilience, maintaining its strong stance above the 1.3800 level as crude oil prices experience a downturn. The pairing saw a rebound from the losses it suffered last Friday, climbing to a value around 1.3810 in the Monday Asian trading session. This

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November 10, 2023
USD/JPY Nears Break Above 151.50 Amid Strengthening US Dollar

USD/JPY Nears Break Above 151.50 Amid Strengthening US Dollar The U.S. Dollar/Japanese Yen exchange rate has been exhibiting remarkable tenacity, consistently edging upwards for five consecutive days. As of the latest observations during the early trading hours in Europe on a Friday, the pair was quoted just shy of 151.50. This bullish trend has been

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November 9, 2023
USD/CHF Rebounds and Holds Steady at 0.9000 Amidst Fed Uncertainty and Global Factors

USD/CHF Rebounds and Holds Steady at 0.9000 Amidst Fed Uncertainty and Global Factors The USD/CHF currency pair has managed to recover some of its recent losses and is currently hovering around the psychologically significant level of 0.9000 during the European trading session on Thursday. This rebound in the pair’s value comes as the market experiences

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November 8, 2023
British Pound Struggles Against Yen as BoE’s Bailey Could Sway Sentiment

British Pound Struggles Against Yen as BoE’s Bailey Could Sway Sentiment The British Pound continues to struggle against the Japanese Yen, remaining subdued below the key level of 185.00 for the second consecutive day as of Wednesday. Market participants are maintaining a cautious stance, with the GBP/JPY pair trading defensively during the European trading session’s

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November 6, 2023
The Canadian Dollar’s Struggle Against the USD: A Closer Look as it Nears 1.3650

The Canadian Dollar’s Struggle Against the USD: A Closer Look as it Nears 1.3650 The USD/CAD currency pair is on a path to extend its downward movement for the fourth consecutive day, hovering close to the 1.3650 mark in the early trading hours in Asia on Monday. This trajectory is largely influenced by market speculations

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