Stay on top of your trading with analyses of the latest market news.
Key points: ECB expected to announce a 25-basis point interest rate cut on Thursday, the first since 2019. EURUSD is likely to face downward pressure with such a dovish stance from the ECB. The European Central Bank (ECB) is poised …
Key points: Bank of Canada cuts interest rates for the first time in four years, signaling more to come. Canadian dollar (CAD) experiences mixed performance against other currencies following rate cut. Homeowners across Canada are breathing a sigh of relief …
Key points: US economic data shows a decline, impacting the USD. ECB rate cut and Swiss Franc performance signal market shifts. The US dollar is experiencing downward pressure as recent economic data reveals a series of setbacks. The GDPNow forecast, …
Key points: USDSGD remains steady at 1.3462 during the Asian session. ISM services PMI report tonight will provide insights into the US economy. Technical support for USDSGD at 1.3400 and resistance at 1.3500. The USD/SGD pair is consolidating during the …
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