USD/CAD Weekly Forecast: Gaining Ahead of Major BoC Cut
Traders increased the likelihood of a massive Bank of Canada rate cut in December. Canada’s unemployment rate jumped from 6.5% to 6.8%. US job growth...
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Tesla is going to sell electric cars in the Middle East
Tesla is bringing its electric cars to the heart of the oil producing world. The automaker announced Monday that its first official venture in the...
Volkswagen dumps jailed Audi CEO amid emissions probe
London CNN — Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation....
EUR/USD Weekly Outlook – Action Forex
EUR/USD’s rebound from 1.0330 short term bottom extended higher last week. Initial bias is mildly on the upside this week for further rise to 55...
Weekly Market Outlook (09-13 December)
UPCOMING EVENTS: Monday: China CPI. Tuesday: RBA Policy Decision, US NFIB Small Business Optimism Index. Wednesday: Japan Tankan Index, Japan PPI, US CPI, BoC Policy...
No Repaint and Butterfly Pattern Forex Trading Strategy
The No Repaint and Butterfly Pattern Forex Trading Strategy combines two powerful elements to create a robust approach for traders looking to maximize their efficiency...
S&P downgrades debt-riddled GE and GE Capital
New York CNN Business — New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he’s inheriting. Barely 24...
Verizon’s new plan: Consumers win, investors lose
Verizon has brought back its unlimited data plan. That’s great if you’re a Verizon customer. But it is terrible news for its investors. Verizon (VZ)...
Global Market Weekly Recap: December 2 – 6, 2024
Investors had plenty to work with throughout the week, as financial markets reacted to geopolitical developments and priced in expectations for the highly-anticipated OPEC+ decision...
America’s NAFTA nemesis: Canada, not Mexico
America and Canada have one of the world’s biggest trade relationships. President Donald Trump met for the first time Monday with Canada’s Prime Minister Justin...