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Tesla’s China struggles are persisting, as the OEM saw its monthly sales decline substantially year-over-year in November, continuing a string of weak ... READ MORE

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Oil markets are looking increasingly bullish as analysts argue that the impact of Omicron on global oil demand will be limited

USD/CAD Price Falls Further, Multi-Year Low Nears 2021-05-10 10:33:00 Nick Cawley, Strategist Canadian Dollar Price (USD/CAD), News, and Analysis: The ongoing weakness in USD/CAD continues with last Friday’s unexpectedly weak US NFPs the latest driver of a push lower. The technical outlook for the pair has been weak for some months now, as I highlighted one month ago, and while the pair look oversold, support levels are increasingly difficult to highlight. Apart from the US Jobs Report, the Loonie is being helped higher by a strong oil market where a cyber-attack on a major US oil pipeline...

US Dollar Falls Further as Important Data and FOMC Meeting Near 2020-12-16 10:30:00 Nick Cawley, Strategist US Dollar Price, News and Analysis: High importance data releases ahead of FOMC decision. US dollar basket looking to break below 90.00. Advertisement The US dollar continues to slip lower ahead of the last FOMC meeting of the year. As discussed before, all policy measures are expected to be left untouched but Fed chair Jerome Powell may well look to talk the greenback even further lower by leaving m...