AI Race Heats Up: China Advances, Nvidia Loses 4%, Markets Fall US Stocks End in the Red: Fed, Chinese Tech Impact US stock indexes closed lower on Wednesday, but were able to recover some of their losses after encouraging remarks from Federal...
Market Fundamentals: The Bank of Canada (BoC) has implemented a significant 50 basis point rate cut, lowering the main interest rate to 3.25%. With Canada’s unemployment rate hitting multi-year highs, the BoC has ample justification to overlook...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price fell a few days ago and broke the falling support level. At this point, the market price bounced back to support at 2.1900 after breaking the resistance and...
Market Fundamentals: The Federal Reserve’s dot plot provides insight into the projected trajectory of the Federal Funds Rate in both the medium and long term. Market expectations suggest the Fed will implement three interest rate cuts in 2025,...
Technical analysis of GBPCAD Today I have a GBP/CAD technical analysis forecast that the market is rising, breaking every resistance level, and the price is rising. The market price creates an ascending channel that moves upwards. The price exits...
