Tag: Analysis

news-20062024-151158

Understanding the Reasons Behind the Doubling of Oil Prices

Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse...
news-20062024-133552

GBP/USD Price Drops After BoE Keeps Rates Steady

The British pound saw a decline on Thursday, with GBP/USD trading at 1.2683 during the North American session, marking a 0.29% decrease for the...
news-19062024-131326

CHF Safe Haven Status Driving Bid Up – Action Forex

During the first quarter of 2024, the Swiss franc has tumbled against most of the G-10 currencies, especially against the US dollar where it...
news-18062024-194920

USD/INR Exchange Rate Rises Despite Weak US Retail Sales

The Indian Rupee (INR) saw a decline on Wednesday, despite the weaker US Dollar (USD) in the market. Investors are closely watching the ongoing...
news-18062024-154919

Q1 New Zealand Current Account Deficit Narrows to -4.359bn NZD

The recent data release showing New Zealand's current account deficit narrowing to -4.359 billion NZD has had minimal impact on the NZD/USD trading pair,...
news-18062024-034623

Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast

The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently,...
news-17062024-232623

MTY Food Group Valuation: Undervalued Investment Opportunity (MTYFF)

MTY Food Group, a company that owns a variety of quick-service, fast-casual, and casual dining restaurants, has faced challenges recently, including margin erosion and...
news-17062024-154414

Citi Downgrades European Equities, Upgrades US Equities: Reasons and Analysis

A recent note from Citi has caused some waves in the financial world. The note, released on Monday, revealed that Citi has downgraded its...
news-17062024-094241

Euro Stable as Market Anxiety Eases – Action Forex

The euro remained stable on Monday, with EUR/USD trading at 1.0714, up 0.10% on the day. The recent market anxiety triggered by the upcoming...
news-16062024-144112

USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...