Is the USDCAD Moving into Bearish Territory?
The USDCAD currency pair faced a downturn last week, closing 16 basis points lower and ending two consecutive weeks of gains. This decline underscores the prevailing bearish sentiment, with the…
The USDCAD currency pair faced a downturn last week, closing 16 basis points lower and ending two consecutive weeks of gains. This decline underscores the prevailing bearish sentiment, with the…
Despite missing analyst estimates on both revenue and earnings per share for Q1 2024, Tesla's (NASDAQ: TSLA) share price surged 13% after-hours. This seemingly contradictory response can be attributed to…
The GBPJPY currency pair has demonstrated resilience and momentum, trading 36 basis points higher for the month and on the verge of securing four consecutive months of gains. This positive…
The British Pound (GBP) struggles against the US Dollar (USD) as expectations of a rate cut by the Bank of England (BoE) diverge from the Federal Reserve’s (Fed) hawkish stance.…
The JSE Top 40 Index (JSE: J200) experienced a notable downturn last week, plunging by 2.74% and bringing an end to a four-week winning streak. However, amidst this decline, discerning…
The Eurozone inflation report for March offered some relief to EURUSD bulls, with figures dipping slightly. This, coupled with receding Middle Eastern tensions, has fueled a modest Euro rebound. However,…
The USDZAR currency pair has recently witnessed a notable surge in favour of the Greenback. Over the past fortnight, the Rand has experienced setbacks against the US Dollar, with the…