Monthly Archives: August 2025
Amid trade tensions, the Canadian Dollar gains slightly against a weak US Dollar in narrow range
Written on August 6, 2025 at 8:17 pm, by anakin
The Canadian Dollar edges higher amid weak USD, stable oil, and cautious outlook on consumer spending.
Kevin Hassett indicated that Trump’s main focus is ensuring reliable economic data, with Apple expected to announce investment updates
Written on August 6, 2025 at 8:16 pm, by anakin
The US Dollar dominates global finance, influenced by Federal Reserve policies, interest rates, and economic developments.
Quarterly earnings per share for WIX reached $2.28, surpassing the Zacks estimate of $1.75
Written on August 6, 2025 at 7:48 pm, by anakin
Wix.com beats earnings and revenue estimates, but shares lag; next quarter forecasts show moderate growth.
At 22, Ted Weschler began as a financial analyst, eventually amassing a $264 million IRA fortune
Written on August 6, 2025 at 7:47 pm, by anakin
Ted Weschler turned a retirement account into $264.4 million through disciplined, long-term investing and strategy.
At the White House, Jensen Huang and President Trump discussed topics like chips and investments in America
Written on August 6, 2025 at 7:29 pm, by anakin
Nvidia’s CEO met Trump; Apple may invest $100B more in U.S. operations, excluding iPhone assembly.
The Pound Sterling is slightly stronger against a weaker US Dollar but declines against the Euro
Written on August 6, 2025 at 7:17 pm, by anakin
GBP rises slightly against USD, weakens versus Euro; UK faces £51B budget gap, PMI hits 5-year low.
Amid waning investor confidence and poor macroeconomic data, the US Dollar Index falls to 98.50
Written on August 6, 2025 at 7:16 pm, by anakin
US Dollar dips amid stagflation fears, weak macro data, pending Fed Chair decision, and rising prices.
Crude oil futures fall to $64.35 amid inventory draw, sanctions, and prevailing supply-demand expectations
Written on August 6, 2025 at 7:00 pm, by anakin
Crude oil futures fall below key averages despite bullish data, signaling potential further decline amid demand concerns.
Analysts from UOB Group suggest USD/CNH will fluctuate within 7.1800 to 7.2000 range
Written on August 6, 2025 at 6:47 pm, by anakin
USD consolidates in tight range; analysts foresee stability between 7.1600 and 7.2240 in coming weeks.
According to Scotiabank’s strategists, EUR/USD surpasses 1.16 after holding firm near previous highs
Written on August 6, 2025 at 6:47 pm, by anakin
EUR/USD climbs above 1.16 despite weak data; bullish momentum tests resistance amid broader FX market shifts.
