EUR/USD Picks Up Steam—Will It Break Key Resistance?

Next week’s Bank of Canada interest rate decision itself is unlikely to be a surprise. The BoC is widely expected to hold the overnight rate steady at 5% for the third meeting in a row. But the statement will be watched closely for signs that a slowing economy and easing inflation pressures are shifting future […]

ETHUSD posted 2-month high following ETF approval But retraced lower after a consolidation period Momentum indicators drop to negative territories ETHUSD (Ethereum) experienced a strong rally in May, advancing to its highest levels since mid-March. However, after a period of rangebound trading, the price inched lower as the short-term oscillators retreated to their negative zones. Should the pullback […]

The Canadian labour market added 40.7k positions in February, with full-time employment up 70.6k and part-time employment down 29.9k. The unemployment rate increased 0.1 percentage point to 5.8% and the participation rate was flat at 65.3%. Employment by industry showed gains in the service sector, with accommodation and food services (+26k) and professional, scientific, and […]