Brent Crude – Oil Rises on China Rate Cuts But Middle East Uncertainty Lingers

USDCAD stays on the sidelines ahead of November’s jobs data Bearish pressures likely but sellers need a close below 1.4000 USDCAD is currently treading water, caught in a neutral symmetrical triangle at the top of the two-month-old uptrend as traders are holding their breath ahead of the release of key U.S. and Canadian jobs data. The technical […]

Market picture The cryptocurrency market lost 3% in 24 hours amid a sell-off in financial markets following comments from the Federal Reserve. Capitalisation fell to $3.51 trillion, and at the low it dipped below $3.48 trillion – its lowest in more than a week. The Cryptocurrency Fear and Greed Index fell to 75, also hitting […]

EUR/USD: Eurozone – Rising Inflation, Falling Economy As revised Eurostat data published on Monday, June 17, showed, inflation (CPI) in the 20 Eurozone countries accelerated to 2.6% (y/y) in May, compared to 2.4% in April when it was at its lowest since November 2023. The consumer price index in the services sector increased annually from […]