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.

USDCAD

USD/CAD Plunges Following the Hawkish BoC Interest Rate Decision

USD/CAD has declined further as investors digest Wednesday’s BoC interest rate decision. As was expected, the bank retained interest rates at 0.25%. The rates have remained at that level since the beginning of the coronavirus pandemic in 2020. Besides, the central bank has decided to lower its weekly quantitative easing […]

crude oil prices

Crude Oil Price: Global Demand Remains a Key Hurdle

Crude oil price continues to face a key hurdle in the form of unsteady recovery in global oil demand. The rising COVID-19 cases are of the drivers of the decline. India, the third-largest crude oil importer in the world, has continued to record a surge in new infections. According to […]

USDCAD

USD/CAD Forecast Ahead of the BoC Interest Rate Decision

USD/CAD is trading lower as investors eye Wednesday’s BoC interest rate decision. The central bank is expected to leave interest rates unchanged at 0.25%. Notably, the rates have remained at that level since the beginning of the coronavirus pandemic. However, the focus will be on the bank’s tone and the […]

GBPUSD

GBP/USD: Key Levels to Watch with UK Inflation Data in Focus

GBP/USD is trading lower after the US dollar managed to rise past the $91 mark in the previous session. However, the greenback is yet to find its footing amid the declining US treasury yields. On Wednesday, the benchmark 10-year bond yields were at 1.56, up by 0.22%. While this has […]

S&P 500

S&P 500: Market Seems Frothy – BlackRock’s Rick Rieder

S&P 500 is on a decline as investors become cautious about the relentless rallying of the US stock market. In an interview with CNBC, Rick Rieder, the CIO of BlackRock’s Global Fixed Income noted that the economy is accelerating rather quickly. On the one hand, retail sales, housing starts, as […]

GBPUSD

GBP/USD Eases Following Mixed UK Employment Data

GBP/USD has eased after experiencing resistance at 1.4000. However, the pair remains on an uptrend amid a weakening US dollar. On Tuesday, the dollar index was down by 0.14% at 90.96. This is its lowest level since early March. The risk-on sentiment is weighing on the greenback as a safe-haven; […]

Dow Jones

Dow Jones Eases as the Fear & Greed Index Rises

Dow Jones has eased on its rally as investors await this week’s earnings reports to push the stock market to new record highs. After closing last week at a new record high of about 34,264, the index is down by a few points to 34,200. However, it remains on an […]

silver price

Silver Price: Risk Appetite Sustains the Bullish Bias

Silver price is wavering around $26 amid a weakening US dollar and lower US bond yields. The dollar index, which tracks the value of the greenback against that of several other currencies, was down by 0.53% at 91.13. That is its lowest level since early March. The greenback, which is […]