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November 20, 2024

GBP/CAD Declines as Canadian Inflation Data Surprises Markets

The GBP/CAD exchange rate faced significant losses on Tuesday following the release of Canada’s latest inflation statistics. Investors responded positively to the strong consumer price

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November 20, 2024

GBP/AUD Gains Ground Amid Risk-Adverse Market Sentiment

The Pound Australian Dollar (GBP/AUD) exchange rate shows marginal improvement on Monday, supported by a risk-off sentiment in the market. The Australian Dollar remains under

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November 20, 2024

EUR/USD Faces Pressure as ECB Aims to Boost Economic Growth

The EUR/USD pair struggles around the 1.0600 mark, showcasing difficulty in continuing recovery seen since Friday. The US Dollar remains strong, influenced by expectations of

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November 20, 2024

USD/CAD Holds Firm After Two-Day Slide, Eyes Support at 1.3950

The USD/CAD pair remains steady after two days of losses, trading around 1.3970 during Wednesday’s European hours. Analyzing the daily chart reveals a bullish trend

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November 20, 2024

New Zealand Dollar Set to Edge Higher, But 0.5960 Remains

The New Zealand Dollar (NZD) shows signs of tentative upward momentum. However, analysts believe it is unlikely for the currency to reach the 0.5960 level

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November 20, 2024

Silver Prices Drop Below 31 Amid Weakness

Silver prices (XAG/USD) fell to $30.94 per troy ounce on Wednesday, reflecting a 1.05% decrease from Tuesday’s price of $31.27. Signs of a declining trend

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November 20, 2024

Silver Prices Decline Below 31 as Safe-Haven Demand Dwindles

The price of silver (XAG/USD) has corrected below the $31.00 mark during European trading hours on Wednesday after encountering resistance near $31.50. Selling pressure has

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November 20, 2024

US Dollar Pullback Expected to Extend to 153.20 Level

Recent trends indicate that the US Dollar pullback could move further to the 153.20 mark. Analysts from UOB Group, including Quek Ser Leang and Lee

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