U.S. Inflation Hits 2.6% in May, Could Influence 2024 Fed Rate Cuts
U.S. inflation slows as anticipated in May Inflation in the U.S. decelerated as expected in May on an annual basis,…
Daily Market Insights
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USD/CAD Continues Upward Trend as US Treasury Yields Rise
USD/CAD climbs above 1.3700 ahead of Core PCE inflation data FUNDAMENTAL OVERVIEW: USD/CAD continues its upward trend for the fourth…
USD/CAD Falls to 1.3670: BoC Macklem Speech in Focus
USD/CAD extends its decline to 1.3670, with attention turning to BoC’s Macklem speech. FUNDAMENTAL OVERVIEW: The USD/CAD pair continues its…
Gold Prices Higher: Key Technical Levels
Gold prices are on the rise due to increasing geopolitical tensions FUNDAMENTAL OVERVIEW: Gold (XAU/USD) price emerges from a quiet…
Bitcoin Price Dips: Key Support and Resistance Levels
Bitcoin Price Today: Trading Near Key Levels Around $65K FUNDAMENTAL OVERVIEW: Bitcoin’s price dipped slightly on Wednesday, extending its recent…
Hawkish Fed Comments Drive USD/CHF Above 0.8900
USD/CHF climbs above 0.8900 as hawkish Fed comments strengthen the US Dollar FUNDAMENTAL OVERVIEW: The USD/CHF pair breaks a three-day…
U.S. Weekly Jobless Claims Reach 10-Month High Amid Cooling Labor Market
U.S. weekly jobless claims hit a 10-month high. The number of Americans filing new claims for unemployment benefits reached a…
Bitcoin Price Hits $67k as Fed Signals Limited Rate Cuts for 2024
Bitcoin price drops to $67k following rate cut updates. FUNDAMENTAL OVERVIEW: Bitcoin price fell on Thursday during a volatile session,…
USD/CAD Technical Analysis: Bullish Signals and Key Levels to Watch
USD/CAD remains stable above the mid-1.3700s, hovering close to its highest level since early May FUNDAMENTAL OVERVIEW: The USD/CAD pair…
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