Oil prices went up on Monday.
China’s manufacturing data was good, raising hopes for more fuel demand.
China is the biggest buyer of crude oil.
People are still unsure about peace in Ukraine.
Possible U.S. tariffs could slow down global economic growth.
USD/CAD PRICE FORECAST: HANGS NEAR MULTI-MONTH LOW; SEEMS VULNERABLE AROUND 1.3800 The USD/CAD currency pair has recently been trading near the 1.3800 mark, reflecting a multi-month low. The pair faces challenges in capitalizing on a brief bounce from the 1.3780 region, its lowest point in
GBP/USD REMAINS STRONG NEAR 1.3370 AMID US ECONOMIC SLOWDOWN AND FED POLICY UNCERTAINTY The pair is maintaining its position around 1.3370, reflecting investor confidence in the British Pound amid a weakening U.S. Dollar. Concerns over a potential slowdown in the U.S. economy are contributing to
EUR/JPY ATTRACTS SELLERS NEAR 161.50 AMID SAFE-HAVEN FLOWS The pair has attracted sellers around the 161.50 mark, reflecting a shift in market sentiment. The Japanese Yen (JPY) has strengthened against the Euro (EUR) as investors seek safe-haven assets amid global uncertainties. Market sentiment has been affected by
GBP/JPY SLIDES TO THREE-DAY LOW BELOW The GBP/JPY currency pair has recently experienced downward pressure, trading below the 188.00 mark during the early European session on Tuesday, April 22, 2025. The pair has attracted fresh selling interest, sliding further below the 188.00 level, reaching a three-day