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The USD/CAD pair corrects below the round-level figure of 1.3900 in Thursday’s North American session. The Loonie pair drops after rallying on Wednesday as the
EUR/JPY is still unwinding a consolidation phase within a short and medium-term uptrend. Given the technical analysis maxim that “the trend is your friend”, however,
The gold market continues to see a lot of noise, but at this point in time, the market looks like it is trying to rally
Gold prices were smashed on the night of the election, similar to what showed in 2016 when the US Dollar posed a stark turn-around on
And no, I don’t mean Trump’s presidency, but that’s true as well. I mean the rally in the USD Index and the declines in the
The EUR/GBP pair has been under pressure in recent sessions, breaking below its 20-day Simple Moving Average (SMA). This move has pushed the pair to
The Fed’s 25 basis points cut comes at a time when Donald Trump’s presidency could usher more inflationary pressures, which could spur USDJPY.
GBP/USD retraces the decline following the US election as the Bank of England (BoE) delivers a hawkish rate-cut.
