The Canadian dollar can’t find its footing and is trading at nine-week low against the US dollar. In the North American session, USD/CAD is trading at 1.3792 at the time of writing, up 0.21%. The Canadian dollar has recorded eight straight losing sessions and is down 1.9% in October. Canada’s job growth blows past expectations…
Consequences of High National Debt A couple of weeks back, we saw the U.S. Fed cut rates by 50 basis points. Many analysts believe this is now the start of a series or cycle of rate cuts in the U.S. This means the dollar will be cheaper to borrow and should in theory give riskier…
Daily Pivots: (S1) 1.0923; (P) 1.0938; (R1) 1.0954; More…. EUR/USD is staying above 1.0899 temporary low and intraday bias stays neutral first. Further decline is expected as long as 1.0996 resistance holds. On the downside, sustained break of 38.2% retracement of 1.0447 to 1.1213 at 1.0920 will argue that fall from 1.1213 is the third…
Dow Jones – 14.10.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
2024.10.14 2024.02.27 EUR to INR Forecast for 2024, 2025-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Like any other financial instrument, the EURINR currency pair is sensitive to various fundamental factors, so it is sometimes difficult to predict its evolution. To make a reliable forecast for EURINR, one must thoroughly analyze macroeconomic, geopolitical, and statistical data that affect…
Dollar Kicks Off Week on a Positive Note October 14, 2024 The weighted DXY dollar index rose 0.3% overnight to a nine-week high, with gains of 0.6% against the Swiss franc, kiwi and Aussie dollar, 0.4% relative to the Japanese yen, 0.3% versus the Chinese yuan and 0.2% vis-a-vis the euro, loonie, and sterling. Holidays…
Tamadoge Price Prediction – October 14 Downward and upward pricing systems between buyers and sellers in the operations of Tamadcoin versus the US Dollar have now been seen to be adjusting at lower ends, settling for spirals. Because the lower portion of the middle Bollinger Band has been staged as a supporting tool in light…
UK Jobs, CPI: The Case for More BOE Easing? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
At the market opening this morning, AUDUSD made a bearish gap and started a new pullback During this morning’s Asian trading session, AUDNZD traded in the 1.10400-1.10700 range AUDUSD chart analysis At the market opening this morning, AUDUSD made a bearish gap and started a new pullback. We failed to move above 0.67400 and…
2024.10.14 2024.10.14 Yen to Take a Load Off. Forecast as of 14.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Japanese government’s verbal interventions have driven USDJPY 7% up from its September trough amid the strength of the U.S. economy. The officials are now gradually backing away from their attacks on the BoJ. Let’s discuss it and make a trading…