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The Canadian Dollar (CAD) is steady. The BoC duly cut the policy rate 50bps yesterday and signaled that the pace of policy easing would moderate, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Spreads stabilize after BoC cut “Aggressive rate cuts over the past few months leave the Overnight T

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Natural Gas futures ticker symbol: $NG_F. The rally from the 28 August 2024 low showed a higher high sequence & provided a short-term opportunity at the blue box area. In this case, the pullback

The Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Weekly TRV Chart July 2024 In July, we saw a rally as expecte

Important News for the day Tue, 10th, 04:30 CET AU AUD rate statement. Political uncertainty Reports circulate that Syrian leader Assad has received asylum in Russia and already fled the country. Financial markets seemingly remain calm with the current situation. The price of Gold does not move much

EUR/USD gains mildly on Monday, trading at 1.0585 after rebounding from the 20-day SMA. Pair maintains its position above the 20-day SMA, supporting a constructive short-term outlook. RSI points upward but remains below 50, while MACD prints rising green bars, signaling gradual bullish momentum. The

The dollar was broadly weaker on Thursday as markets braced for this afternoon’s all-important US payrolls report. Economic news in the lead up to today’s report has been largely disappointing, which can perhaps partly explain the pullback in the dollar. The November services PMI from ISM (52.1 vs.

US employment and labor data will take center stage once again as markets wind themselves up to another monthly update to US NFP net jobs additions report next Friday. The US Dollar Index (DXY) ended the week on the low side, declining 1.64% from Monday’s opening bids and wrapping up Friday below th

The Australian dollar declined as much as 1% on Tuesday before recovering these losses. In the European session, AUD/USD is trading at 0.6497, down 0.1% on the day. Earlier, the Aussie dropped to low of 0.6433, its lowest level since August. Australian inflation expected to rise Australia releases t

Silver price depreciates due to safe-haven flows diminishing amid easing Middle-East tensions. A ceasefire between Israel and the Lebanese armed group Hezbollah was successfully upheld on Wednesday. Dollar-denominated Silver faces headwinds as an improved US Dollar increases its cost for buyers usin

NZD/USD trades with mild gains around 0.5900 in Thursday’s early Asian session. The cautious stance from the Fed on further rate cuts might lift the US Dollar. The speculations about a potential 10% tariff on Chinese goods could weigh on the Kiwi. The NZD/USD pair gains traction to around 0.5900 dur