Trend

© Reuters. The New Zealand dollar (NZD) sustained its upward momentum against the US dollar (USD) today, maintaining its position in the mid-0.6000s for the second consecutive day. This steady climb is underpinned by New Zealand's…

EUR/CHF is testing a key support zone ahead of the Eurozone PMI releases! If you were watching other currency pairs, you should note that EUR/CHF tried to make new monthly highs earlier this week thanks in part to a…

Looking for trends to jump into before the trading week ends? If you are, you’re in luck because AUD/JPY just settled at a possible inflection point! The pair turned lower from the 98.50 levels earlier this week and received enough…

Trend warriors gather ’round! EUR/CAD is testing a key inflection point after turning lower from its intraweek resistance. Which potential support levels should you watch out for? We’re taking cues from the 4-hour chart today: EUR/CAD…

EUR/USD, NASDAQ 100 OUTLOOK:The Fed’s interest rate announcement will take center stage on WednesdayA dovish monetary policy outlook could spark a rally in risk assets and weigh on the U.S. dollar. A hawkish outcome would have the opposite…

If you’ve been watching USD/CAD this month, then you’ll know that the pair has been in an observable uptrend since bouncing from the 1.3600 handle a few weeks ago. But it looks like the bulls have been having a hard time breaking…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian PressRosa SabaPublished Oct 26, 2023  •  4 minute read Non-alcoholic beverages are shown at an LCBO store in Toronto on Wednesday, Oct. 25, 2023. THE CANADIAN…

US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed that the FOMC still expects another rate hike by the end of the year with less rate cuts…

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GBP/AUD is not getting traction despite higher-than-expected CPI data from the U.K.! We know from earlier today that the U.K.’s consumer inflation remained high, with annual headline CPI remaining at 6.7% (vs. 6.6% expected) while the…