<p> Canada's annual inflation reading unexpectedly came in at 3.1% in November, due to slower growth in food prices and cheaper telecommunications services and fuel oil. This data is based on data released by Statistics Canada which was released a while ago.</p><p><br /></p><p>Analysts interviewed b
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USD Weak Again, But Yen Worse!
<p> The strengthening of the US dollar at the end of last week and the momentum it tried to maintain at the beginning of the week was seen to change on Tuesday's trading yesterday when the king of the currency has returned to moving weakly again.</p><p><br /></p><p>Analysts expect the US dollar to r
Middle East Conflict No Solution, Gold 'Bullish'!
<p> Today, the price of gold is seen rising at around the $2,040 level at the opening of the early trading session.</p><p><br /></p><p>The US dollar, which was still stable in the European session yesterday, made it difficult for gold to continue rising in the European session, but the situation changed
USD Withers, EUR/USD Climbs Back To $1.1000 Top!
<p> Changes in price patterns are observed by investors on the movement of the EUR/USD currency pair chart on Tuesday yesterday.</p><p><br /></p><p>The fall in prices that occurred last Friday did not continue this week after the flat prices last Monday rose again yesterday almost touching the height rea
Good news! Ringgit, Stock Exchange Expected to be Strong By 2024
<p> Today, the Malaysian Ringgit (RM) currency is stronger and opened higher against the US dollar this morning after the US currency retreated due to expected interest rate cuts next year.</p><p><br /></p><p>At exactly 9am this morning, the ringgit opened at RM4.6570 compared to its close yesterday afte
GBP/USD Rebounds 130 Pips Breaks $1.2700 Level!
<p> A jump of around 130 pips on the price chart of the GBP/USD currency pair on Tuesday yesterday following changes in the movement of the US dollar currency.</p><p><br /></p><p>The pound rose against the US dollar, but investors will be cautious ahead of the release of UK inflation data due in the Euro
Can EUR/JPY be bullish again at the end of the week?
<p> Can the price surge continue on the EUR/JPY currency pair chart towards the end of the week?</p><p><br /></p><p>On Tuesday yesterday, prices accelerated higher in the Asian session as the market reacted to the monetary policy meeting of the central bank of Japan.</p><p><br /></p&
EURUSD Pair May Rise Despite Bank Predictions of Bearish Trend
<img src="https://fxopen.com/blog/en/content/images/2023/12/eur-usd-1.png" alt="EURUSD Pair May Rise Despite Bank Predictions of Bearish Trend" /><p>During the middle of 2023, the EURUSD pair witnessed a steady decline that lasted until October, reflecting a prolonged period of challenges for the euro against the US
AMZN: Stock Price Ends Year Stronger Than S&P 500
<img src="https://images.unsplash.com/photo-1556382363-8967ad2b37f0?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=M3wxMTc3M3wwfDF8c2VhcmNofDV8fGFtYXpvbnxlbnwwfHx8fDE3MDMwNjMyNDh8MA&ixlib=rb-4.0.3&q=80&w=2000" alt="AMZN: Stock Price Ends Year Stronger Than S&P 500"
Market Analysis: Gold Price Eyes Breakout, Crude Oil Price Recovers
<img src="https://images.unsplash.com/photo-1610375461246-83df859d849d?crop=entropy&cs=tinysrgb&fit=max&fm=jpg&ixid=M3wxMTc3M3wwfDF8c2VhcmNofDF8fGdvbGR8ZW58MHx8fHwxNzAzMDYyNTc5fDA&ixlib=rb-4.0.3&q=80&w=2000" alt="Market Analysis: Gold Price Eyes Breakout, Crude Oil Price Reco