Fed Rate-Cut Awaited in September: Officials Stance 

The Canadian dollar has steadied on Friday after a roller-coaster week. In the European session, USD/CAD is trading at 1.3889 at the time of writing, up 0.22% on the day. Canada’s job growth expected to slow With the tough battle against inflation largely won, the Bank of Canada has been a leader in the easing…

In August, the Japanese yen became one of the most popular instruments in the forex market. Following an unexpected rate hike by the Bank of Japan and weak labour market data from the US, the USD/JPY pair dropped by more than 1000 pips, settling below the psychological level of 150.00. The divergent monetary policies of…

By RoboForex Analytical Department Gold (XAUUSD) is holding steady near USD 3,410 per ounce on Friday, just shy of its monthly high, and is set to close its second straight week with gains. The metal is supported by a weaker dollar and consistent safe-haven demand as uncertainty over the Federal Reserve’s policy path lingers. Dollar…

In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for insights into financial markets to help you navigate the week ahead. Let’s dive in! In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets. 👉…

Overall Analysis After breaking its upside channel pattern, the EUR/USD pair fell sharply without any halt.  EUR/GBP failed to sustain at higher levels. Price fell sharply and is currently near day resistance.  EUR/USD Chart Analysis  EUR/USD 15-Minute Chart (Source: TradingView) On the 5th Nov 2024 trading session, EUR/USD pair showed an upside rally till the…

, This article was written by Justin Low at www.forexlive.com. Source link