About: anna

Recent Posts by anna

The USD/CAD pair weakened to about 1.4040, influenced by US Dollar softness and falling oil prices

USD/CAD dips as US shutdown, rate cut prospects, and trade tensions pressure Dollar; Oil impacts remain mixed.

Commerzbank’s Head of FX and Commodity Research observed that the environment is favourable for Gold

Fed comments, rate cut expectations, and US-China tensions boost gold prices amid economic and market uncertainties.

According to UOB Group analysts, GBP might challenge 1.3530 if it surpasses 1.3475

GBP may test 1.3475 amid easing momentum; support lies at 1.3400, resistance likely remains unbroken.

Commerzbank observes that the IEA’s oil supply surplus predictions may be overly optimistic and ambitious

IEA forecasts 4 million barrels per day oil surplus, driven by rising supply and slowing demand growth.

Analysts from UOB Group suggest EUR may increase, needing to surpass 1.1720 for momentum

EUR shows strong momentum; needs firm break above 1.1720 to target 1.1760, support at 1.1650.

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