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The USD/CAD has entered the overbought zone at 1.3225 level and has closed Doji and Spinning top candles below the strong resistance level of 1.3262 level. It seems like traders are bracing for the Bank of Canada monetary policy decisions. Checkout the USD/CAD price forecast to learn more about the trade setup.
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Market Briefing on Tuesday June 14th On Tuesday EUR/USD broke out from a tight range around 1.1280-1.1299, while at the start of the US trading session the major overcame the 1.1200 handle, marking an intraday low of 1.1189. Support may be received at the 76.4% Fibonacci […]
Blackstone Group LP’s share price up, to sell a Manhattan-located property to Ivanhoe Cambridge Inc. in a $2.25-billion deal According to people with knowledge of the matter, Blackstone Group LP has managed to reach an agreement to sell a Manhattan office tower to Ivanhoe Cambridge Inc. at the price of $2.25 billion.The people close to the process, who asked […]
Spot Silver gains above $32.00 as the US Dollar softens Spot Silver surged on Monday, reversing a loss from Friday, supported by a softer US Dollar amid renewed trade tensions.US Treasury Secretary Scott Bessent said over the weekend President Donald Trump would impose tariffs at the rate he […]
Forex Market: EUR/JPY daily forecast During yesterday’s trading session EUR/JPY traded within the range of 138.28-138.81 and closed at 138.56.At 6:33 GMT today EUR/JPY was gaining 0.06% for the day to trade at 138.76. The pair touched a daily high at 138.76 at 6:32 […]
Forex Market: EUR/NZD trading forecast for Monday During Friday’s trading session EUR/NZD traded within the range of 1.5610-1.5646 and closed at 1.5637, adding 0.16% for the day and 0.06% for the week.Fundamental viewThe preliminary reading of Germany’s manufacturing PMI probably […]
South Africa’s retail sales growth picks up in May South Africa's retail sales were reported to have risen at an annualized rate of 0.8% in May, following a revised up 0.7% growth in April.In May, sales rose at a faster rate at general dealers (1.7% YoY compared to 0.4% YoY in […]