Author name: Editor

USD/CAD

USD/CAD Bounces Back as Federal Reserve and Bank of Canada Cut Rates Simultaneously

USD/CAD rebounds from a two-week low after simultaneous 25 basis-point rate cuts by the Federal Reserve and Bank of Canada. Both central banks cited economic slowdown and moderating inflation, signaling a possible easing cycle ahead. The USD gained ground as market participants weighed diverging growth outlooks: the U.S. shows resilient labor data despite slower GDP growth, while Canada faces contraction and rising unemployment. This coordinated monetary move and differing trajectories set the stage for evolving FX dynamics in North American markets.

EUR/USD

EUR/USD Holds Its Ground Amid Bearish Wave: Will the Decline Resume?

EUR/USD is currently consolidating after breaking below key support at 1.0700. Despite temporary stabilization, technical and fundamental factors suggest bearish momentum may resume, with potential retests of lower levels ahead. The stronger US dollar and eurozone economic challenges continue to weigh on the pair’s outlook.

Scroll to Top