Financial news and actionable analysis
Ethereum price (ETHUSD) has been on an upward trend in the past few months. In the past three months alone, the price has moved up by more than 90%, outperforming bitcoin and gold prices that are up by 30% and 20%, respectively. Let us now look at several reasons that […]
FTSE 100 started the session lower after the Bank of England holds rates unchanged in a unanimous decision as was expected by markets. The Bank of England kept rates at record low levels of 0.1%
The DAX index is up mildly today as focus remains on corporate earnings. It is up by 0.40% while its closest peers are in the red. The FTSE 100 and CAC 40 are down by 0.90% and 0.18%, respectively. Siemens is the biggest driver of the DAX index today. The...
The EURUSD pair is back at the highs. It made a new high today, albeit a marginal one. In a typical fashion for strong trends, the price stabs the lows or highs of a bearish or bullish trend just before London’s opening. The aim? To trip some weak stops. So […]
The GBPUSD is up by more than 0.30% as traders react to the Bank of England (BOE) interest rate decision. As was widely expected, the bank left interest rate unchanged at 0.10% and left its quantitative easing program intact. The decision came two days after analysts at Bank of America […]
AUDUSD hovers to the highest level since April 2019 as investors continue to dump the USD on fears that the rising number of new coronavirus cases will halt the economic recovery in the country
The GBPUSD pair is up slightly at 06:00 (GMT) as investors react to the Bank of England (BOE) interest rate decision. The pair is trading at 1.3173, which is its highest level since March this year. In its rates decision, the BOE did what most analysts were expecting. It left […]
Bitcoin price (BTCUSD) has been in an upward trend of late. The price has been in the green in the past consecutive three weeks for the first time since April. Also, the price has soared by more than 25% in the past three months, outperforming the 7% gains by the...
Gold price (XAUUSD) cruised past the important milestone of $2,000 this week as investors remained worried about the weaker dollar and lower yields. And now, analysts believe that the rally is just getting started. In a report yesterday, I wrote that analysts at Deutsche Bank had boosted their outlook for...
Kodak share price stumbled candles made in the last 3 days prompting the securities and exchange Commission in the United States to launch an investigation into how the shares of a stock were traded. Kodak share price Spike’s last week who created a buzz in the market, after it emerged that […]
