Date Archives

Year: 2024

Gold Price Holds Steady at $2,370 Amid USD Strength

April 16, 2024

Gold price stays subdued around $2,370 amid a strong US dollar, showing a lack of sustained selling pressure. FUNDAMENTAL OVERVIEW: During the early European session...

USD/CAD Nears 1.3750 as Federal Reserve Postpones Cuts

April 12, 2024

The USD/CAD nears the 1.3750 mark as the Federal Reserve plans to postpone rate cuts. FUNDAMENTAL OVERVIEW: The USD/CAD pair is edging closer to the...

US Consumer Prices Surge in March – Capital Street FX

April 10, 2024

Consumer prices in the US increased beyond expectations in March. In March, consumer prices in the United States rose beyond anticipated levels due to higher...

Oil Prices Rally Amid Middle East Uncertainty

April 10, 2024

Oil prices climb as concerns in the Middle East outweigh the increase in US crude inventories. FUNDAMENTAL OVERVIEW: On Wednesday, oil prices increased following two...

Market Focus: US Dollar Stability

April 9, 2024

The US Dollar is hovering around the 104.00 mark, experiencing a slight easing. The US Dollar (USD) maintains stability following a sluggish start to the...

Gold Price Analysis: Breaking Records – Capital Street FX

April 9, 2024

The price of gold continues its robust upward trend, reaching a new record high surpassing the $2,350 level. FUNDAMENTAL OVERVIEW: For the third consecutive day...

Oil Prices Firm as Middle East Ceasefire Looms

April 8, 2024

Oil stabilizes following a decline amid discussions on a ceasefire in the Middle East. The global oil benchmark Brent remained steady above $91 a barrel...

USD/CHF Surge Amid Middle East Peace – Capital Street FX

April 8, 2024

USD/CHF edges closer to the 0.9050 mark as geopolitical tensions in the Middle East ease. FUNDAMENTAL OVERVIEW: The USD/CHF climbed for the second day in...

US Dollar Index Reacts: March NFP Exceeds Expectations

April 6, 2024

Despite robust Non-Farm Payrolls (NFP), the US Dollar concludes the week with losses. The US Dollar Index (DXY) has retreated to 104.30 after an initial...

Pound Sterling Slides: Impact of US NFP Data

April 5, 2024

The British Pound continues its decline following upbeat US Nonfarm Payrolls data. In the early American session on Friday, the Pound Sterling (GBP) experiences a...

Scaling Heights: USD/CAD Reaches Weekly Peak

April 5, 2024

USD/CAD makes gains, nearing 1.3560, reaching its highest level for the week. FUNDAMENTAL OVERVIEW: USD/CAD continues its upward momentum for the second straight session, hovering...

February Job Openings in the United States: Key Insights

April 2, 2024

In February, job openings in the U.S. remained relatively stable; quits edge up. In February, job openings in the United States remained steady at elevated...

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