| Updated: November 9, 2023
The USD/CAD has entered the overbought zone at 1.3225 level and has closed Doji and Spinning top candles below the strong resistance level of 1.3262 level. It seems like traders are bracing for the Bank of Canada monetary policy decisions. Checkout the USD/CAD price forecast to learn more about the trade setup.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Tesco Plc’ share price down, warns on profit, cuts dividend by 75% Tesco Plc, the biggest retailer in the UK, warned that it expects full-year profit to decline, and cut dividend by 75%, sending shares plummeting. The company also hastened the appointment of its new CEO, Dave Lewis.“The business continues […]
Singapore inflation accelerates to 3.7% in December Annual consumer inflation in Singapore surprisingly rose to 3.7% in December from a 25-month low of 3.6% in November, Statistics Singapore reported on Tuesday.In comparison, market consensus had pointed to a slowdown to 3.5%.Last […]
Movella Holdings’ current CEO to depart company Movella Holdings Inc, a full-stack provider of sensors, software and analytics that enable the digitization of movement, said this week Ben Lee, its President and Chief Executive Officer, would leave the company in pursuit of other […]
Forex Market: USD/ZAR daily trading forecast Yesterday’s trade saw USD/ZAR within the range of 10.9580-11.0594. The pair closed at 11.0478, gaining 0.26% on a daily basis.At 6:58 GMT today USD/ZAR was down 0.18% for the day to trade at 11.0272. The pair touched a daily low at 11.0250 […]
Goldman Sachs beats forecasts due to cutting costs Goldman Sachs Group Inc., the world’s most profitable securities firm before the financial crisis, reported earnings that beat analysts’ expectations despite falling revenue.Third-quarter net income rose to $1.52 billion, or $2.88 a […]
Forex Market: GBP/CHF daily forecast During yesterday’s trading session GBP/CHF traded within the range of 1.4970-1.5131 and closed at 1.4990.At 6:16 GMT today GBP/CHF was losing 0.04% for the day to trade at 1.4985. The pair touched a daily low at 1.4984 at 2:40 […]