Canadian dollar rallies the most in three months as Fed's Powell turns more dovish

Canadian dollar rallies the most in three months as Fed's Powell turns more dovish
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Canadian dollar rallies the most in three months as Fed's Powell turns more dovish
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
The major US stock indices closed the day with gains. The NASDAQ and the S&P had a perfect week with five straight winning days. The NASDAQ index erased it -5.77% decline from last week with a gain of 5.95%. A snapshot of the closing levels today shows: Dow industrial average rose 297.01 points or 0.72%…
During this morning’s Asian trading session, the price of gold rose to a new all-time high at the $2670 level During this morning’s Asian trading session, the price of silver rose to $32.27, setting a new weekly high Gold chart analysis During this morning’s Asian trading session, the price of gold rose to a…
2025.01.17 2025.01.17 WTI Crude Oil: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 72.72 with a target of 85.00 – 94.97. A buy signal: the price holds above 72.72. Stop Loss: below 72.00,…
CHFJPY reversed from support zone Likely to rise to the resistance level 168.45 CHFJPY currency pair recently reversed up from the key support zone located between the long-term support level 166.75 (which has been reversing the price from the start of this year) and the lower daily Bollinger Band. The upward reversal from this support…
The gold price rally has become one of the standout stories in global markets, capturing the attention of investors and analysts alike. As major banks forecast that this record-breaking rally will continue into 2025, all eyes are on the precious metal. In 2024, gold surged to new heights, supported by a confluence of factors. Analysts…