Australian Dollar Surges as Inflation Surprises
The Aussie dollar just won’t quit. Friday marked its sixth day in a row climbing against the US dollar, and the reason’s pretty clear—October’s inflation numbers came in hotter than anyone expected. Prices keep rising, now four months straight, and they’ve blown past the Reserve Bank’s 2–3% comfort zone. Traders see this and figure the […]
WTI Holds Steady Near $59 as Markets Watch Geopolitics Unfold
WTI crude is hanging tough around $59 a barrel in Friday’s Asian session, logging its third straight day in the green. The mood? Cautiously optimistic. Every development in the peace negotiations between Russia and Ukraine is being closely monitored by traders; any significant advancement could disrupt oil flows and cause market shocks. All Focus on […]
USD/CAD Is Above 1.4000 While Markets Await Crucial Information
USD/CAD is firm and holding onto mild gains this Friday in the Asia Market. It is holding near 1.4030. The US Dollar’s getting a little lift, but not much—everyone’s still betting on a Federal Reserve rate cut in December. All eyes are also on Canada’s Q3 GDP numbers, set to drop later today. That release […]
Flag Pattern Chart in Forex: Key Insights for Smart Trading
In trading, charts matter—they show where the market’s headed so you can decide better. With various methods, traders boost their results. Among these, the chart patterns help catch good moments for trades. The Flag Pattern chart is one such resource for traders. As a trader, you will likely have this question in mind: How to […]