The Canadian dollar (USDCAD) has hardly moved since March. Expectations of interest rate cuts and disappointing figures for the fourth quarter of 2018 have resulted in a higher US dollar…
Month: May 2019
Renault share price takes off after merger plan Fiat Chrysler
Car manufacturers Renault and Fiat Chrysler want to merge. Fiat Chrysler announced this on Monday. Based on this news, Renault’s share price rose by no less than 17 percent. The…
Financial markets unimpressed by May’s resignation.
The financial markets did not move much when British prime minister May announced she will resign on the 7th of June. The British Pound and FTSE100 both went up slightly…
American footwear companies write a complaint letter to president Trump.
In a recent letter to president Trump, America’s leading footwear companies, brands and retailers have asked the president to remove footwear from the most recent Section 301 list published by…
British Pound drops to its deepest point of 2019
Forex traders no longer seem to believe in a successful outcome of Brexit. Prime Minister May’s latest plan to leave the European Union in a normal way threatens to fail.…