GBP/USD Flubs Bullish Recovery, Falls Back Below Key Technical Levels
GBP/USD fumbled a near-term bullish correction on Wednesday, slipping back below the 50-day Exponential Moving Average (EMA) near 1.3500 and snapping a two-day winning streak.
EUR/USD Drops Below 1.1750 As Powell’s Cautious Tone Lifts Dollar
EUR/USD tumbles on Wednesday, edges down 0.66% as the Greenback recovers following Tuesday’s Fed Chair Jerome Powell speech, in which he was cautious regarding rushing to reduce interest rates.
The Dollar’s Next Act: Why The Greenback’s Best Days May Be Behind Us
The US dollar has long enjoyed preeminence as a symbol of American strength and financial stability. Yet, some analysts suggest that a new era may be unfolding.
Gold May Have Reached A 45-Year Extreme
Gold is flashing historically overbought signals while Treasury yields and the dollar strengthen, setting up potential risks for equities and commodities.
BCE: A Telecom Giant With A 5.4% Yield
BCE is Canada’s largest telecom company, providing phone and internet services as well as creating content via several networks.