HomeBlogAplenty Icon PublicationSilver Shines in Uncertainty: Why It’s a Key Safe Haven Asset

Silver Shines in Uncertainty: Why It’s a Key Safe Haven Asset

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Nov 22, 2024

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The 2024 Global Industrial Cooperation Conference Successfully Held in Hangzhou

Nov 22, 2024

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On the afternoon of November 19, the 2024 Global Industrial Cooperation Conference was successfully convened in Hangzhou. This conference was supported by China Chamber of International Commerce (CCOIC), and hosted by the Global Alliance of SMEs and organized by China Chamber of International Commerce Zhejiang Chamber of Commerce. Centered around the theme “Open Cooperation to Link the World”, the conference aimed to foster global...

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EUR/USD Slides on PMI Reports: Strategic Responses to Market Conditions

Nov 22, 2024

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Further reading

USDCAD bounces higher after two days of declines. Prices back above 2022 high at 1.3978

Nov 24, 2024

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The USDCAD moved lower over the last two trading days and in the process retested a swing area between 1.39458 and 1.39581. Support buyers leaned against that area (the 100 bar moving average of the 4-hour chart was also in that area), and has pushed the price higher in trading...

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Ford to cut 4K jobs within Europe (Germany and UK). Cite weak EV demand.

Nov 24, 2024

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Ford is announcing they will cut 4000 jobs primarily in Germany and the UK. They blame week EV sales and also lack of government support and increasing competition. Shares of Ford are trading your unchanged at $11.05 in premarket trading. The last few days has seen the price test the...

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EURUSD retraces gains from yesterday moves back to swing area support at 1.05158

Nov 24, 2024

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The EURUSD moved to a new high for the week in the early trading hours from the Asian Pacific market, but found willing sellers against topside resistance near 1.06097. That was the high of a swing area between 1.06005 and 1.06097. The price also stayed below its falling 200-hour moving...

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