The price of WTI Crude Oil soared to $79.50 per barrel last week - a level not seen since November 2014. That move fundamentally supported the Canadian dollar, which was one of the strongest major currencies in the foreign exchange…

The single European currency dropped -1.09% versus the US dollar last week, printing the lowest exchange rate since July 2020 (1.15928 weekly close). That was the fourth consecutive downward weekly candlestick for EUR/USD. The pair charted a lower high in…

The past trading week brought preliminary signs that the bearish correction of the equity market is coming to an end. Jerome Powell’s comments about the future of monetary policy in the United States supported stock indices and the S&P 500…

The USD/ZAR currency pair soared +3.81% last week on the back of a strong greenback across the board. The US dollar index which measures the Greenback’s strength versus the volume-weighted basket of six major currencies added +0.65% to its value,…