USDCAD Analysis – 31-May-2024
The Canadian dollar recently weakened beyond $1.37 (USD/CAD), approaching its lowest point of the month at 1.373, last seen on May 23rd. This decline...
May 31, 2024
Sweden GDP Rebounds: Key Factors Behind Q1 Growth
Forex News—In the first quarter of 2024, Sweden’s economy grew by 0.7% quarter-on-quarter. This performance defied initial expectations of a 0.1% contraction and market...
May 30, 2024
Japanese Yen Rises Amid Market Uncertainty
The Japanese yen appreciated past 157 per dollar (USD/JPY), recovering from four-week lows. This rebound was fueled by a broad selloff in risk assets,...
May 30, 2024
EURUSD Analysis – May-29-2024
The EUR/USD pair is trading in an uptrend at approximately 1.084 in today’s session. The pair bounced from the 38.2% Fibonacci retracement level at...
May 29, 2024
GBPUSD Analysis – May-29-2024
The GBP/USD currency pair dipped from the 1.280 high today, and as of this writing, the price is testing the $1.275 immediate support. GBPUSD...
May 29, 2024
USDCAD Analysis – May-29-2024
USD/CAD Analysis—The Canadian dollar recently strengthened to 1.36 per USD, recovering from a low of 1.373 USD observed on May 23rd. This rebound was...
May 29, 2024
