The British pound has melted down against the Japanese yen during the trading session on Thursday as Russia has attacked Ukraine. This obviously has caused quite a bit of fear in the market, and therefore it makes sense that we would see plenty of selling pressure when it comes to risk appetite. Ultimately, this is a market that I think will continue to be very...
U.S. Dollar Rallies Against Canadian Dollar
USD/CAD is currently trying to settle above the resistance level at 1.2850, while the U.S. dollar is gaining ground against a broad basket of currencies.
The U.S. Dollar Index has recently made an attempt to settle above the resistance at 97.45, but lost momentum and pulled back closer to the support level at 97.25. In...