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Tag: us dollar

USDCAD Sees Little Change Following BOC Rate Cut
News

USDCAD Sees Little Change Following BOC Rate Cut

Victor SwaezyOctober 23, 2024October 23, 2024

As anticipated, the Bank of Canada reduced by 50 basis points. The goal of the central bank is to keep…

Analyssis: Is AUD/USD Headed For Deeper Pullback Levels?
Analysis

Analyssis: Is AUD/USD Headed For Deeper Pullback Levels?

Jake SimmonsOctober 3, 2024October 3, 2024

AUD/USD is turning lower after recent events pushed U.S. demand higher. How low will the Comdoll pair go before the…

U.S. Dollar Drops as Speculation Mount About Potential November Rate Cut
News

U.S. Dollar Drops as Speculation Mount About Potential November Rate Cut

Jake SimmonsSeptember 25, 2024September 25, 2024

In the Asian trading session on Wednesday, the U.S. dollar lost ground to other major currencies as traders bet on…

British Pound Show Strength Against Major Currencies Amid Growing UK Retail Sales
News

British Pound Show Strength Against Major Currencies Amid Growing UK Retail Sales

Victor SwaezySeptember 20, 2024September 20, 2024

In the European session on Friday, the British pound gained strength versus other major currencies following data indicating that U.K.…

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