Inflation Data Pushes Canadian Dollar Down
The Canadian dollar has slipped to above $1.36 (USD/CAD), moving away from the five-week highs seen earlier this month. This shift comes as recent...
May 22, 2024
NZDUSD Rises Amid Rate Decision and Hawkish Outlook
The New Zealand dollar recently climbed above $0.6111 (NZD/USD) after the Reserve Bank of New Zealand (RBNZ) decided to keep the official cash rate...
May 22, 2024
RBA Cautious Approach and its Impact on AUDUSD
The Australian dollar eased to around $0.666 (AUD/USD), moving away from four-month highs. This shift comes as investors continue to assess the outlook for...
May 22, 2024
GBPUSD Strengthens Amid UK Inflation Figures
The British pound recently reached $1.275 (GBP/USD), its most substantial level in nearly two months. This surge follows higher-than-expected inflation figures in the UK,...
May 22, 2024
Euro Steady at $1.08 – What It Means for Traders
The Euro has been hovering around $1.08 (EUR/USD) as we approach the end of May. This level is close to the highs seen in...
May 22, 2024
USDCAD – Strong Canadian Labor Market
The Canadian dollar strengthened to about $1.36 (USD/CAD) in May, reaching a five-week high. This change is due to lower US inflation, which has...
May 21, 2024
