The US dollar has initially fallen against the Canadian dollar to kick off the week on Monday but turned around to show signs of life again with that being said I think you’ve got a situation where traders are going to continue to be very uh cautious but I also think that short-term pullbacks probably…
The EUR/USD exchange rate remained under pressure as investors reacted to the new developments in France and as they waited for the upcoming statements by top Federal Reserve officials. It was trading at 1.1710, a few points above Monday’s low of 1.1650.
The AUD/USD exchange rate moved sideways on Tuesday as the forex industry remained muted. It was trading at 0.6620, up from last week’s low of 0.6520. It is hovering near its highest point since September 18.
Bitcoin price rose for six consecutive days and reached a record high as its role as a safe-haven asset continued. The BTC/USD pair jumped to a high of 125,715, up by 16% from its lowest level in September and 70% above the year-to-date low.
A promising store remodeling program, healthy profit margins, and current valuations could hide a bargain for investors. Is it time to go shopping?
High valuations, a meager dividend, and selling pressure despite another upbeat earnings report suggest a lack of confidence. Is more downside ahead?