USD/CAD Eyes 1.3800 as Oil Drops Weigh on Loonie
USD/CAD attempts to reclaim the 1.3800 level as soft Oil prices weigh on the Loonie FUNDAMENTAL OVERVIEW: The US Dollar…
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Gold Steadies as Weak NFP and Dollar Softness Support.
Gold holds onto its gains, supported by weaker-than-expected NFP data and ongoing US Dollar softness. Gold (XAU/USD) begins the week…
Cardano Price Eyes Breakout as Bullish Sentiment Builds.
Cardano Price Outlook: ADA Traders Turn Optimistic as Sentiment Shifts Bullish FUNDAMENTAL OVERVIEW: Cardano (ADA) is showing initial signs of…
USD/CHF Rebounds as Weak Swiss Data Lifts Dollar
USD/CHF continues its rebound, edging closer to the 0.8100 level following the release of Swiss CPI and PMI data. FUNDAMENTAL…
Dollar Sinks as Weak Jobs Data Fuels Rate Cut Bets
Dollar declines as traders’ factor in additional U.S. rate cuts following weak jobs data. The U.S. dollar declined sharply on…
Amazon Shares Slide 7% After AWS Growth Disappoints
Amazon shares dropped 7% after its cloud computing division reported growth figures that fell short of investor expectations. FUNDAMENTAL OVERVIEW:…
Silver Slips Below Channel Support, Eyes Further Downside.
XAG/USD appears exposed to further downside as it breaks below its ascending channel support. FUNDAMENTAL OVERVIEW: Silver (XAG/USD) remains under…
U.S. Jobless Claims Rise Slightly, Labor Market Stays Strong
Initial jobless claims edge higher but stay near expectations. The number of Americans filing initial jobless claims rose slightly to…
WTI Steady at $69.50 Amid Inventory Surge & Brazil Exports.
WTI holds steady around $69.50 amid rising U.S. crude inventories and expectations of increased Brazilian oil exports FUNDAMENTAL OVERVIEW: West…
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