About: melody

Recent Posts by melody

The USD declines against major currencies, breaking various technical levels as market conditions evolve

USD weakens before FOMC decision; EUR defends support, JPY drops, GBP eyes breakout; markets await data.

The Goods Trade Balance in the United States decreased from $-162 billion to $-163.5 billion

U.S. trade deficit rose to $163.5 billion in March, highlighting persistent trade imbalances and economic concerns.

Amid political uncertainty in Germany, the Euro trades within a notably tight range, observes Osborne

Euro stable amid German political uncertainty; European stocks fall; PMI expands; ECB commentary closely watched.

German political developments impacted the DAX, while China planned a press conference on financial policy

Markets reacted to German politics, China’s stimulus hopes, Trump-Carney meeting, and mixed Eurozone economic data.

According to Scotiabank’s Shaun Osborne, CAD remains stable within a bullish trend channel against USD

Canadian Dollar holds steady; focus on trade data and political meeting. USD/CAD shows gentle bearish trend.

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