“Monitoring Exchange Rate: Insights from ECB’s De Guindos”
In an interview with Germany’s Die Presse, Luis de Guindos, Vice President of the European Central Bank (ECB), stated that the European currency has not shown any indications of weakening thus far.
Analysis of EUR/CAD Price: Euro remains stable around 1.5600 with bulls maintaining a stronger long-term advantage
On Friday after the European session, the EUR/CAD pair remained stable near 1.5600, showing minimal change for the day but maintaining a strong upward bias. The current price movement indicates a consolidation phase, staying within the mid-range. While there are indications of hesitation in the short-term, overall the pair continues to show a positive trend, […]
“Dow Jones Surges 600 Points with NFP Data Easing Recession Concerns, Weekly Gains Exceed 3%”
On Friday, the Dow Jones Industrial Average (DJIA) soared by more than 600 points, or 1.65%, after the release of a strong US jobs report, easing fears of an impending recession in the world’s largest economy. The week is expected to end with an increase of over 3%, and at the time of writing, the […]
“Trade Optimism Sparks US Stock Rebound with Nasdaq Index Lifted by Dexcom, Meta, and ON Semi”
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Forecasting Gold, Silver, and Platinum Prices: Gold Continues to Face Pressure Amidst Increased Treasury Yields
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“Anticipated Decline in Natural Gas, WTI Oil, and Brent Oil Prices Prior to OPEC+ Meeting”
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“OPEC+ Considers 400K Barrel Per Day Production Increase”
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“It’s Been a While Since the S&P 500 Experienced This Many Consecutive Upward Days”
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“Opportunity for Re-entry: ANZ Notes Attractive Gold Pullback to $3,600/oz”
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