Impact on CAD (Canadian dollar) of Trudeau Resignation – Orbex Forex Trading Blog

Nigel Farage has had one of the best years of his political career after voters finally elected him to parliament at the eighth time of asking. He is odds on to be the UK’s next prime minister, vying with Angela Rayner and Wes Streeting, with Kemi Badenoch trailing behind. Here are the key facts and…

Berkshire Hathaway Inc. (NYSE: BRK.B) is trading to the upside within a strong Bullish trend since October 2022. In this article, we dive into the latest developments and signals that suggest a promising bullish trajectory based on Elliott Wave Theory. BRK.B is looking to establish an impulsive 5 waves advance before ending 2022 cycle. Wave I at…

Key takeaways Corrective rebound gaining traction: Gold has broken above $5,170 and extended its bounce from the $4,402 low, with price action evolving within a minor ascending channel and maintaining a bullish bias above $5,046 support. Falling real yields supportive: The US 10-year real yield has declined sharply from 1.98% to 1.72%, reducing the opportunity…

The UK government must urgently issue a formal apology for the state’s role in forced adoption as many victims are nearing the end of their lives, a cross-party group of MPs has said. A report from the education select committee said ministers should provide an initial commitment to an apology and begin working with survivor…

GBP/USD hit a four-month high, testing the 1.3000 level, driven by US Dollar weakness. Central bank meetings (Fed and BoE) this week could lead to market consolidation and a pause in the GBP/USD rally. A daily candle close above 1.3000 is needed for GBP/USD bulls to maintain control. Most Read: Gold Price Outlook: ETF Flows,…

Buy while the blood is flowing. The war in Venezuela was avoided, but the kidnapping of its president was enough for fearful investors to rush to safe havens, and the smart ones bought out the failure in risky assets. In the end, it wasn’t fear that won, but intelligence. The US dollar has been on…