USDCAD Elliott Wave Update – June 22nd, 2022 Is Crude Oil’s Plunge Breaking the Inverse Relationship? The USDCAD pair has been on a downward trend this week as crude oil prices took a sharp plunge. The usual inverse relationship between the two assets seems to be at play once again. However, the question remains whether…
Daily Pivots: (S1) 0.9634; (P) 0.9659; (R1) 0.9686; More… Intraday Bias in USD/CHF Remains Neutral The USD/CHF currency pair is currently trading with a neutral bias, with daily pivots at 0.9634 (Support 1), 0.9659 (Pivot), and 0.9686 (Resistance 1). The outlook for the pair remains unchanged, and another fall cannot be ruled out. Market analysts…
Understanding the ECB Vice-President’s Concerns Fragmentation in the Financial Sector ECB Vice-President Luis de Guindos expressed his concerns today over the fragmentation within the financial sector. This fragmentation refers to the divide or separation within the European banking system, creating challenges for monetary policy implementation and financial stability. Speeding Up the Process De Guindos mentioned…
NextPoint Financial Inc. Announces Cancellation of Stock Offering HURST, Texas, June 21, 2022 (GLOBE NEWSWIRE) — NextPoint Financial Inc. (TSX: NPF.U, NPF.WT.U) (“NextPoint” or, the “Company”) announces the cancellation of its planned stock offering. NextPoint Financial Inc. made a significant announcement today regarding the cancellation of its stock offering. This decision comes as a surprise…
New Music Video ‘Battle Cry – Civil Disobedience’ by Bishop The Overseer The Discovery of Nat Turner (August 1831) August 1831 marked a turning point in American history with the discovery of Nat Turner, a slave preacher who led one of the bloodiest slave rebellions in the United States. The rebellion, known as Nat Turner’s…
Uncovering the Truth: Scott+Scott Attorneys at Law LLP Investigates WWE’s Directors and Officers for Breach of Fiduciary Duties Description: NEW YORK, June 21, 2022 (GLOBE NEWSWIRE) — Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, has announced that they are investigating WWE’s directors and officers for potential breach of…
Every trader is focused on the US’s next inflation numbers… The post This Central Bank (Not the Fed) Finally Cries “Uncle!” appeared first on Market… The Impact of US Inflation Numbers on Trading As traders anxiously await the next inflation numbers in the United States, there is a sense of uncertainty and anticipation in the…
Explosion at a Major US Energy Producer as Gas Prices Heat Up… Another “Accident?” The Incident Recently, there was a major explosion at a US energy producer, causing significant damage to the facility and disrupting gas production. This incident comes at a critical time as gas prices have been on the rise, leading many to…
