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Author: Nontobeko Mlotshwa

This author has written 1118 articles
Home » Archives for Nontobeko Mlotshwa » Page 22
Read more about the article Canadian Dollar Braces for BOC Decision
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Canadian Dollar Braces for BOC Decision

The USDCAD currency pair finds itself on shaky ground, currently on course for a third consecutive session of losses. This weakness comes despite positive US economic data, with the ISM…

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April 10, 2024
Read more about the article Yen Continues to Weaken Despite Intervention Threats
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Yen Continues to Weaken Despite Intervention Threats

  The USDJPY currency pair continues its bullish run, extending gains for the fifth consecutive week. This bullish momentum comes despite a stronger-than-expected Japanese producer price inflation report (0.8% YoY).…

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April 10, 2024
Read more about the article Is the Magnificent META Surging Ahead in the Tech Race?
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Is the Magnificent META Surging Ahead in the Tech Race?

META Platforms, Inc. (NASDAQ: META), formerly known as Facebook, has shown remarkable resilience and growth, reflected in its share price appreciation of over 46% year-to-date and an impressive 141% surge…

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April 9, 2024
Read more about the article Ongoing Yen’s Weakness Reflects in GBPJPY Pair
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Ongoing Yen’s Weakness Reflects in GBPJPY Pair

The GBPJPY currency pair has recently demonstrated remarkable strength, with four consecutive weeks of gains and poised for a fifth week following a 50 basis point increase so far this…

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April 9, 2024
Read more about the article High Inflation and Interest Rates Weigh on Woolworths
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High Inflation and Interest Rates Weigh on Woolworths

Woolworths Holdings Ltd (JSE: WHL), a prominent retail giant, has faced significant challenges this year, reflected in a nearly 17% loss in market value year-to-date.   The company contends with mounting…

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April 9, 2024
Read more about the article GBP Bulls Charge Forward as US CPI Awaits
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GBP Bulls Charge Forward as US CPI Awaits

The British Pound (GBP) is finding some support against the US Dollar (USD) ahead of key US inflation data due this week. Firstly, weaker-than-expected wage growth data in the UK…

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April 9, 2024
Read more about the article Is the Nikkei Poised for a Breakout?
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Is the Nikkei Poised for a Breakout?

Nikkei 225 Index Futures (CME: NIY) continue their upward trajectory and have enjoyed a strong start to the week, extending gains for a third consecutive session. The index is up…

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April 9, 2024
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