Tag: Business

The US Dollar strengthened as yields eased on Friday, with various economic indicators and market movements shaping the day's events. In Canada, the October employment change came in at +14.5K, slightly below the expected...

Gold prices experienced a significant drop of over 3% following the announcement of the presidential election results, resulting in cumulative losses exceeding 5% from late October to the recent low. However, the situation does...

Baker Hughes, a leading oilfield services company, reported that the number of active oil rigs in the United States held steady at 479 for the week. This news indicates stability in the oil industry...

After the surprising return of Donald Trump to the White House, the markets are experiencing a period of euphoria. Wall Street, Bitcoin, and the US dollar have all seen significant gains. Treasury yields have...

The recent news from the Bank of England (BOE) regarding their policy and potential rate cuts has been causing a stir in the forex trading market. Analysts are closely examining various factors such as...

Ethereum has been seeing a positive trend in its value following the US presidential election results. The cryptocurrency managed to climb above the 2,810 mark for the first time since August, indicating a strong...

The EUR/USD daily analysis shows that the forex forecast and trading strategies are currently in a consolidation phase. The intraday bias for the EUR/USD remains neutral as long as it stays above the temporary...

Bitcoin price forecast: JP Morgan predicts an 8-week rally due to the 'Trump Trade'According to JP Morgan, the price of Bitcoin is expected to experience an 8-week rally due to the 'Trump Trade'. This...

The Federal Reserve's hawkish stance is something that forex traders need to keep an eye on. The FOMC statement is about to be released, and all eyes are on Fed Chairman Jerome Powell's press...

The October Consumer Price Index is expected to show slow progress in reducing inflation. The headline CPI is projected to have increased by 0.2% in October, bringing the 12-month change in consumer prices to...