USD/CAD hits daily low after US Durable Goods Orders seek mid-1.3500s on weakening USD
While the US dollar weakens generally, USD/CAD falls even farther from its highest point since January. The temptation to take risks leads to profit-taking in the safe-haven dollar and drags down the major. The Loonie might be hurt by falling…
Read more
4 Global Market Updates- 27 February, 2023
In this article, we have covered the highlights of global market news about the AUD/USD, GBP/USD, USD/CAD and NZD/USD. AUD/USD: Weak near-term forecast continues, according to UOB According to UOB Group economists Lee Sue Ann and Quek Ser Leang, the short-term outlook…
Read more
Market Value Ratios and How Traders Might use them
Using mathematical formulae for publicly listed firms, market value ratios may be a fantastic approach to improve stock research. Stock traders use these financial parameters to evaluate companies and sug gest prospective investments. This article will further explain market value…
Read more
Crude Oil Update: Expected EIA Stock Build Favors Current Trading Range
WTI AND UK OIL CRUDE OIL ANALYSIS Prices will be impacted by the anticipated increase in EIA's weekly crude oil inventory. WTI oil strengthens the trading range due to announcements of production reductions. Brent crude oil is getting close to…
Read more
USD/JPY breaks below session lows to touch 134 commitments
The government's choice for the next central bank governor, Kazuo Ueda, gave a speech in parliament, which caused the USD/JPY to fall. USD/JPY falls to 134.80 early on Thursday as bears seem keen to regain power after a four-day hiatus.…
Read more