Category Archive: Finance, No picture
Canadian Dollar Crushed On Trump Tariff Vow
We don’t normally talk about the Canadian Dollar in our opening call but that’s exactly where we are as we get going on this Tuesday. The Loonie has collapsed to its lowest level against the US Dollar since April of 2020, this on President-elect Trump’s vow to impose a 25% tariff on products from Canada.Video […]
NZD/USD Hits Yearly Low Amid US Dollar Strength
Image Source: Unsplash The NZD/USD pair has experienced a significant decline, touching a low of 0.5841 and reaching a yearly trough of 0.5796. The primary pressure comes from a robust US dollar, bolstered by anticipations of a more stringent tariff regime under US President-elect Donald Trump. Speculations about Trump imposing an additional 10% tariff on all […]
Gold Trading Strategy Today – Tuesday, Nov. 26
Image Source: Unsplash Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:04:10More By This Author:Dow Jones Analysis & Dow Jones […]
Forex Today: Bitcoin Makes Biggest Drop Since Trump Win
Image Source: Unsplash Bitcoin made its strongest fall since the US election a few weeks ago after coming very close to reaching $100,000. The cryptocurrency Bitcoin has made its biggest drop since the Republican victory in the US general election during the first week of this month, falling as low as $94k. Bitcoin has been in an amazing […]
FX Daily: New Season – Trump Tariff Show
Image Source: Unsplash The currencies of Mexico, Canada and China are under pressure this morning after President-elect Trump signaled readiness to use tariffs to secure tighter US borders and reduce Fentanyl inflows from China. Whilst the move can be seen as a negotiating tactic before he takes office on 20 January, it is risky to underestimate […]
Asia Morning Bites For Tuesday, November 26
Image Source: Unsplash Global Macro and Markets Global Markets: US Treasury yields fell sharply yesterday. The yield on 2Y USTs fell 10.6 basis points to 4.269%, while 10Y yields fell 12.7bp to 4.273%. This all appears to be related to the news we reported in this note yesterday about the picking of Scott Bessent to be […]
Bitcoin ETFs end five-day inflow streak as Bitcoin dips below $93K
Key Takeaways US Bitcoin ETFs saw massive outflows of $435 million as Bitcoin’s price fell below $93,000. MicroStrategy made its largest Bitcoin purchase ever, acquiring 55,500 BTC worth $5.4 billion. Share this article US Bitcoin ETFs faced massive outflows on Monday amid Bitcoin’s retreat below $93,000.The eleven spot Bitcoin ETFs collectively saw net outflows totaling […]
NVDA: In Wake Of Earnings, Keep This Long-Term Trend In Mind
Image Source: UnsplashIn recent decades, the Digital Revolution has eclipsed the Industrial Revolution. Today, AI is a technology that has evolved from this relatively new revolution. We think the result is a technology-led productivity boom that is just starting and could continue through the end of the 2020s and probably into the 2030s.Here are a few […]
Dow And Small-Caps Close At New All-Time Highs
Image Source: UnsplashYou can tell you’re in a for-real bull market when there is virtually no economic data released during a trading session and markets gain a percentage point anyway. The Dow closed at a fresh new high at 44,736, +0.99% or +440 points on the day. The S&P 500 and Nasdaq grew a slighter +0.30% […]
Australian Dollar Extends Losses As Trump Plans To Increase 10% Import Tariffs On China
Image Source: Unsplash The Australian Dollar extends its losses as market sentiment takes a hit following Donald Trump’s announcement of increase in tariffs. Australia’s Monthly Consumer Price Index for October is the focus on Wednesday. The latest US PMI has reinforced the likelihood of the Fed slowing the pace of rate cuts. The Australian Dollar (AUD) […]
