2-Day Canadian Dollar Rally; Durable Goods Up 1.4%Forex

2-Day Canadian Dollar Rally; Durable Goods Up 1.4%

Key Points: The Canadian Dollar (CAD) increased for the second consecutive day. U.S. Durable Goods and Non-Defense Capital Goods Orders…

Indian Forex Reserves Hit Record $642.49 BillionForex

Indian Forex Reserves Hit Record $642.49 Billion

Key Points: Indian Forex Reserves hit a record $642.49 billion. The consecutive increase was observed over four weeks, with a…

USD/CAD Hits 1.3578 Amid Economic SpeculationsForex

USD/CAD Hits 1.3578 Amid Economic Speculations

Key Points USD/CAD gains momentum, now at 1.3578, reflecting a firmer US Dollar. Anticipation builds around the Federal Reserve’s interest…

USD/CAD Nears 1.3540 Amid Inflation ConcernsForex

USD/CAD Nears 1.3540 Amid Inflation Concerns

Key points USD/CAD rises for the second day, trading around 1.3540. US economic data points to persistent inflation, impacting Fed…

USD/CAD Reaches 1.3490, Aiming for 4th WinForex

USD/CAD Reaches 1.3490, Aiming for 4th Win

Key Points USD/CAD reaches 1.3490, aiming for a fourth consecutive session win. Upward push from market sentiment and potential Federal…

Canadian Dollar Rises 0.7% Amid Interest Rate HoldForex

Canadian Dollar Rises 0.7% Amid Interest Rate Hold

Key points Following the Bank of Canada’s interest rate decision, the Canadian dollar increased 0.7% against the USD. Federal Reserve…

Bank of Canada Rate Decision: Hold Expected at 5%Forex

Bank of Canada Rate Decision: Hold Expected at 5%

Key Points Bank of Canada’s rate decision looms, with expectations to hold at 5%. S. and Canadian employment data set…

Forex Market Outlook: Indicators Forecasts for February 2024Forex

Forex Market Outlook: Indicators Forecasts for February 2024

As the trading week commences, forex market indicators show stability with no significant changes from the previous week. The opening…

Canada Economy Beats Odds: Surges by 0.2% in 2023Economy

Canada Economy Beats Odds: Surges by 0.2% in 2023

Canada’s economy displayed unexpected resilience in late 2023, outpacing analyst predictions and sidestepping a technical recession. In November, the economy…

How much do forex traders make in UK?Education

How much do forex traders make in UK?

Key Takeaways: Global economic challenges will influence UK forex trading in 2024. Earnings vary with win rate, trading frequency, and…