The Canadian Dollar (CAD) is trading slightly higher against major currencies during Friday’s Asian session, recovering modestly after Thursday’s sharp decline. The USD/CAD pair has slipped to around 1.3735, attempting to pull back from recent highs, though it remains close to its two-week peak of 1.3748. The earlier weakness in
West Texas Intermediate (WTI) crude futures on NYMEX are trading more than 1% lower, hovering near $93.10 during early European trading on Friday. Oil prices are under pressure as easing geopolitical tensions in the Middle East reduce supply concerns. Developments such as Israel’s commitment to avoid targeting Iranian oil infrastructure
The EUR/USD pair moved slightly higher on Thursday, trading near 1.1470 during the early European session. The Euro showed mild strength against most major currencies as traders awaited the European Central Bank’s policy decision later in the day. The ECB is expected to keep interest rates unchanged. The deposit rate
Gold prices slipped below the $4,800 level on Thursday, hitting their lowest point in over a month. The decline came as the US Dollar stayed strong after the Federal Reserve signaled a tough stance on inflation, making gold less attractive to investors. Although gold saw some small gains earlier in
Gold prices steadied above the key $5,000 level during Wednesday’s European session, recovering slightly after a brief dip earlier in the day. Despite this, the metal remains stuck within a narrow range seen since the start of the week, as traders avoid taking strong positions ahead of the upcoming policy
The EUR/GBP pair moved lower in early European trading on Wednesday, falling to around 0.8635 and ending a four-day winning streak. Traders are holding back from making strong moves as they wait for key interest rate decisions from the European Central Bank and the Bank of England, both scheduled for