USD/CAD Stays Below the 1.4045 Resistance
Oil gained power again and reached the $27 mark. A 1.4045 level stopping the USD/CAD from its upward movement. On Thursday, the BOC Governor Poloz speaks
The Greenback Is Losing Ground Against the Loonie
USD/CAD is struggling to break the monthly resistance 1.41 level Oil made a considerable rebound after it dropped below zero Many events waiting for the Canadian Dollar next week Technical Analysis: Monthly Time Frame: With the beginning of the year, the greenback was showing power against the Canadian Dollar, by appreciating more than 13%. However, the Loonie has managed […]
Gold Loses Value Amidst a Reopening of Major Cities Around the World
The price of Gold lost more than 4% of its value in the last 10 days. Major countries are preparing for a reopen their economy. XAU/USD could not break the 1675 level despite a bearish sentiment
Crude Oil Prices Jumped More Than 60% This Week
Crude oil regained power with a jump of over 60%. China declared the annual meeting of the National People Congress
with de-escalation measures implemented in some major cities, the demand for oil increased
Oil Retracement Short-Lived?
Oil prices once again plunged after a short-lived bullish rally, falling to nearly $10 a barrel.
Stocks Around the Globe Stagger on Weak Economic Data as Oil Bounces Back
Overall markets are still at the brink of collapse if the pandemic continues to hit the depths of the world’s economy.
U.S. Stock Markets and Crude Oil Rise After Two Consecutive Days of Decline
The U.S. stock markets soared for the first time in three days amid a stabilization in oil prices after plunging to a -$40 a barrel at the beginning of the week.
Global Markets and the Drop in U.S. Crude Oil Prices
The prices of stocks and equities are moving up and down without showing any particular, consistent direction.
Global Markets: Oil Prices, Indices, and Exchange Rates
As the coronavirus continues to ravage global markets, the financial markets have seen some of the utmost volatility in trading.
April 20th 2020: The Worst Day for WTI Oil
The WTI oil prices broke all the lows to reach negative 37 at the time of writing, the lowest since 1983.
Globally, Coronavirus Continues to Dampen the Steel Sector
The steel industry is bracing for more difficult times ahead as the coronavirus disease pandemic rages.