Faith Maina
Faith Maina is a financial analyst and economist. She holds a Bachelor’s Degree in Economics and is underway in her Master’s degree course. She has an expansive understanding of global markets and their drivers. Her specialities are currencies, crypto, commodities, and equities. She lives in Nairobi, Kenya with her husband and son.

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USD/CAD Forecast Ahead of the Canadian Inflation Data

USD/CAD remains range-bound ahead of the Canadian inflation data. Over the past week, crude oil price’s sideways trading has supported the currency pair. WTI futures have been trading within a tight range of between $71.00 and $72.50 for a week. Besides, concerns surrounding the aggressively spreading Delta coronavirus variant have […]

Ethereum ETHUSD

Ethereum Price: Key Levels to Watch as Fear Prevails

Ethereum price is on a rebound after the plunge observed across the crypto market on Monday. The altcoin is up by 7.84% while Bitcoin has surged by about 9.13% from Tuesday’s intraday low. Other altcoins have exhibited a similar trend with Dogecoin and Ripple rising by 6.05% and 4.95% respectively. […]

Bitcoin price BTCUSD

Bitcoin price: Bearish On-Chain Activity Curbs Gains

Bitcoin price has pulled back from six-week high of 40,597.93 it hit in the previous session. Recovery of the market sentiment helped the crypto rebound after dropping below 30,000 in the previous week. On Tuesday, the fear and greed index was at 32, which is significantly higher than last week’s […]

eurusd

EUR/USD: Key Levels Ahead of Germany’s Business Climate Data

EUR/USD remains range-bound ahead of Germany’s business climate figures. Last week, the dovish stance by the European Central Bank (ECB) pushed the currency pair from the week’s high of 1.1830. In today’s event, analysts expect the Ifo business climate index to come in at 102.1 compared to June’s 101.8. Germany […]

bitcoin price BTC

Bitcoin Price Surges by 11% as Bulls Target $40,000

Bitcoin price has surged by 11% early on Monday as the bulls strive to push it past $40,000. The prices have been boosted by positive remarks in last week’s B Word Conference. During the event, Tesla’s CEO Elon Musk indicated that he personally owns Bitcoin and that he “might pump, […]

Crude Oil Price Rebounds on Prospect of Reduced Shale Drilling

Crude oil price has eased after a two-day surge. Earlier in the week, uncertainties surrounding the demand and supply dynamics exerted pressure on the commodity. Investors were concerned about increased supply after OPEC+ member states agreed to increase monthly output by 400,000 bpd from August. The decision comes at a […]