The USD/CAD Pair: Analyzing Recent Trends Selling Pressure at Two-Month High The USD/CAD pair recently experienced selling pressure after reaching a two-month high of around 1.3500 during the early New York session. Despite positive United States Retail Sales and higher-than-expected Canadian inflation data for July, the Loonie asset dropped amid a sell-off in the US…
The Impact of Supply on USD/CAD Pair During Asian Session Introduction The USD/CAD pair experienced some supply during the Asian session on Tuesday, causing a decrease in spot prices and eroding a major part of the overnight gains to a multi-day peak. The spot prices dropped to a fresh daily low, falling below the mid-1.3400s…
Gold Price Struggles in Asian Trading on Tuesday Market Sentiment Still Bearish The price of gold has been facing challenges in gaining momentum during the Asian trading session on Tuesday. The XAU/USD pair is currently hovering near its lowest level since June 6, which was reached yesterday. Despite managing to stay above the $1,900 mark…
