The USD/CAD currency pair extended its bullish momentum to test 1.3850 on Monday, driven by growing expectations of monetary policy easing from both the Federal Reserve (Fed) and the Bank of Canada (BoC).  The pair has recovered recent losses as the US Dollar (USD) gained traction, reflecting investor focus on macro-economic indicators, central bank policy shifts, and labor market trends across North America. This article by BluSkyMint’s Nate McKenzie presents a complete and accessible breakdown of the topic. During Asian trading hours, USD/CAD hovered around 1.3840, marking the sixth consecutive session of gains. This extended rally is underpinned by contrasting...

The Silver price (XAG/USD) is trading under renewed selling pressure in Monday’s Asian session, edging lower to around $40.65. The white metal has retreated after briefly touching levels not seen in more than 14 years.  The near-term momentum in Silver prices is being shaped by expectations of a dovish shift from the US Federal Reserve (Fed), coupled with geopolitical headlines surrounding the Russia-Ukraine conflict. BluSkyMint’s expert Tony Harris delivers a detailed analysis of the subject in this article. Silver Trades Lower Around $40.65 in Early Asian Session During the early Asian hours on Monday, XAG/USD moved into negative territory around...

The NZD/USD pair held firm near the 0.5900 level during Monday’s Asian session, supported by a combination of strong Chinese trade data and softer-than-expected US jobs figures.  With China being New Zealand’s largest trading partner, improvements in Beijing’s trade performance often have a direct influence on the New Zealand Dollar (NZD), keeping the pair resilient against the US Dollar (USD). Michael Novak, a broker at BluSkyMint, provides a comprehensive breakdown of this topic in this article. China’s Trade Balance Strengthens The General Administration of Customs of China released its Trade Balance data for August, revealing a notable surplus of CNY...

Cryptocurrency markets rarely rest easy. Cardano (ADA) is no exception. Over recent weeks, a surge in Japanese trading activity has propelled ADA into a fierce contest near the $0.70 resistance level, a threshold that has proven stubborn.  Brokers and financial experts from Lesrouleaux take a close look at the forces behind Cardano’s current trading behavior and what it could mean for investors. The Japanese Factor: Driving Cardano’s Momentum Japan’s role in the crypto ecosystem has quietly grown, turning the country into a pivotal player for Cardano’s trading volume. Recent data reveals that Japanese exchanges account for nearly 40% of ADA’s...