Amazon shares hit new high Amazon’s stock is back in the game! According to Bloomberg, on November 6th, Amazon shares reached a record high. This confirmed the fact that big tech companies are still a favorite among investors. Stocks of Amazon, a...
US dollar dips briefly as Fed cuts interest rates again The US dollar has faced another reason for turbulence. On November 7, the Federal Reserve approved its second consecutive cut in the benchmark interest rate. This time, the cut was limited to...
Forecast of EURUSD Continuously negative trading activity I can see that the price of the EURUSD is declining with strong bear momentum on the lower time frame charts, even though the daily time frame chart shows the same trend. When the EURUSD...
The USD/CAD pair continued its upward trajectory on Thursday, reaching the 1.4010 level during the Asian trading session. This marks a five-day winning streak for the pair, driven by a combination of factors. Technically, the pair is trading within...
Analysis of the USD/CAD Currency Pair: Current Trends and Future Outlook The current price for the USD/CAD pair is about 1.4010, showing a pretty prominent downtrend. This indicates that the USD is currently being devalued against the CAD. The...