Canada Consumer Price Index – Core (MoM): 0.4% (April) vs -0.2%
Canada Consumer Price Index – Core (MoM): 0.4% (April) vs -0.2%
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Eli Lilly (LLY) Shares Fall Over 15% in May
The share price of Eli Lilly and Company (LLY), the world’s largest pharmaceutical company, has seen a sharp shift in market sentiment: → From its April low to high, LLY shares rose by over 30%;→ However, since the start of May, the LLY stock price has dropped more than 15% — the closing price on…
USD/CAD steady ahead of retail sales – MarketPulse
The Canadian dollar is showing limited movement on Friday. In the European session, USD/CAD is trading at 1.4384, down 0.11% at the time of writing. On Thursday, the Canadian dollar fell to its lowest level since March, touching 1.4435. Canada’s retail sales expected to improve Canada retail sales have risen for four consecutive months and…
What’s Moving the Markets? Key Trends and Levels
Trading Room November 18, 2024 | 5:49 pm | The 5%ers’ Blog > Trading Room November 18, 2024 | 5:49 pmThe 5%ers’ Blog > Trading Room Live Trading Room The trading rooms are the opportunity to trade together with our traders! In the trading rooms, we will all interact, scan, and analyze the markets and…
Is the Bitcoin Cycle Dead?
“3 up, 1 down.” This represents the historical rhythm that Bitcoin (BTC) and cryptocurrency values have typically followed. We refer to it as the four-year cycle. It was a sequence so reliable, you could synchronize your timepiece to it, as demonstrated by this chart of Bitcoin’s yearly performance: Numerous investors continue to operate according to…
Asia FX firm, dollar drifts lower with Fed rate cut in sight By Investing.com
Investing.com– Most Asian currencies firmed on Wednesday, while the dollar retreated as markets positioned for a widely expected interest rate cut by the Federal Reserve later in the day. Market holidays in Hong Kong and South Korea limited overall volumes, while the Chinese yuan weakened as onshore trade resumed after an extended break. The Japanese…
Japanese Yen depreciates as US Dollar gains ground amid improved Treasury yields
The Japanese Yen depreciates, likely due to thin trading conditions stemming from the holiday on Monday. BoJ Governor Ueda stated that the central bank will continue to adjust the level of monetary easing as needed. The US Dollar receives support as Treasury yields improve. The Japanese Yen (JPY) extends its losses for the third consecutive…
