The Canadian dollar inched higher on expectations of aggressive tightening by the Bank of Canada. The US counterpart has given up all its gains from earlier this year. In turn, this indicates a lack of commitment from the buy-side. A tentative rally above 1.2590 has failed to secure follow-ups, further undermining the US dollar. 1.2400 […]
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Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the Read more…
The Australian dollar has posted slight losses on Tuesday. In the European session, AUD/USD is trading at 0.6247, down 0.18% at the time of writing. RBA minutes hint at rate cut The Reserve Bank of Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early trading, while the dollar tested the highest levels in two years, as investors treaded cautiously into the final holiday-shortened trading Read more…