With the Canadian government’s new pilot program offering a universal basic income to the households, we expect the CAD to grow stronger. Canada is the latest to launch this program after Finland, which announced a similar program in January. The province of Ontario announced plans to give free money to 4000 eligible Canadian households through […]

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What is Fibonacci Trading? It is every trader’s dream to always have a profitable trade. While every trader certainly has different motives behind trading, it eventually gets down to profits. It is necessary for traders to analyze and predict the trends by using different indicators and then make trading decisions. One such important technical instrument […]

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With various concerns about the EUR and its effect on the economic outlook, the analysts feel that the Euro might gain strength with the upcoming elections and have a strong economic data. With the UK’s departure, we look forward to a stronger Euro after key elections in France and Germany this year. Marine Le Pen, […]

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The Canadian Dollar has dropped to record lows when compared to the US dollar. We expect this movement to continue in the days to come. The Bank of Canada continues to retain a cautious outlook despite the date surprises. If there is a drop in the oil prices, it will weaken the Canadian dollar further. […]

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