Author Archive: Jeremy Parkinson
USD/CAD Struggles To Hold 1.4400 Amid Muted Trading Activity
Photo by Michelle Spollen on Unsplash USD/CAD edges lower to near 1.4400 as the US Dollar trades subduedly in light volume conditions. The Fed has guided lower number of interest rate cuts for the next year. Investors see the BoC reducing interest rates further to avoid inflation overshooting risks. The USD/CAD pair faces slight pressure near the key […]
Loonie Going Loco…
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. ~ George Soros In this week’s Dirty Dozen, we talk Bull Volatile regimes, signs of short-term bottoms mixed with increasing intermediate risks, then cover USDCAD breakouts and the deteriorating US fiscal picture, plus more… 1. SPX […]
MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC
Key Takeaways MicroStrategy acquired 2,138 Bitcoin for $209 million, increasing its total holdings to 446,400 BTC. MicroStrategy shareholders will vote on increasing stock for Bitcoin strategy in 2025. Share this article MicroStrategy announced Monday it had acquired 2,138 Bitcoin for approximately $209 million, at an average price of $97,837 per coin. These purchases were made […]
Gold Forecast: Struggles Near $2,600
Gold sold off a bit during the trading session on Friday as pretty much anything risk related has had a tough day. It looks like everybody has made their profit at the end of the year in the stock market and it looks like probably some of the same here. Although gold has a whole […]
Weekly Market Research: GBP, Google, And Gold – Key Trends And 2025 Outlook
Image Source: Pixabay PoundIn 2024, GBP/USD fell 1% despite strong fluctuations. The pair rallied from 1.23 to 1.34 midyear but dropped 5% in Q4 due to USD strength. But the pound outperformed other major currencies, supported by the BoE’s slower rate cuts.In 2025, UK growth may fall short of the BoE’s 1.5% forecast due to trade […]
Gold Falls Amid Thin Trade Volumes; Safe-Haven Demand May Limit Downside
Image Source: Unsplash Gold prices were in the red on Monday as traders expect fewer interest rate cuts by the Fed next year. Gold prices could get some support from rising safe-haven demand due to geopolitical tensions. Prices on COMEX are currently 27% higher from the start of the year. Gold prices on COMEX fell […]
NZD/USD Price Forecast: Surges Above 0.5650
NZD/USD jumps above 0.5650 after China vowed to boost private consumption. Investors await China’s official business activity data for December. The RBNZ is expected to cut interest rates by 50 bps in February. The NZD/USD pair climbs to near 0.5660 in Monday’s European session. The Kiwi pair gains sharply after the Chinese government announced measures to […]
EUR/USD Forex Signal: Stuck In A Range, A Pullback To 1.0350 Is Likely
Bearish View Sell the EUR/USD pair and set a take-profit at 1.0350. Add a stop-loss at 1.0500. Timeline: 1-2 days. Bullish View Buy the EUR/USD pair and set a take-profit at 1.0500. Add a stop-loss at 1.0350. The EUR/USD exchange rate remained in a tight range on Monday morning ahead of a relatively muted week […]
ETH/USD Forecast: ETH Gives Up Early Gains On Friday
In my daily analysis of the crypto markets, Ethereum captures my attention because we have just seen a typical technical analysis move play out. The market initially tried to rally during the trading session on Friday but found the area near the $3400 level to be a bit too much, and we pull back from […]
Boeing’s Turbulent 2024 Sets Stage For Critical Recovery Year
Image Source: Unsplash After one of its most challenging years in recent history, The Boeing Company (NYSE: BA) faces a pivotal 2025 as it works to rebuild confidence and stabilize operations under new leadership.The aerospace giant weathered multiple crises in 2024, from safety incidents to labor disputes, while its stock declined nearly 32% amid ongoing concerns about production quality […]
