The AUD/USD exchange rate continued its strong sell-off this week as the US dollar index surged and after Australia published mixed jobs numbers. It crashed to 0.6480, its lowest level since August 6, and 6.70% below the highest level this week. Australia jobs data and RBA decision The AUD/USD pair…
The Zimbabwe ZiG has stabilized in the past few weeks even as the country’s economy has deteriorated and gold prices have reversed. According to the central bank’s website, the USD to ZiG exchange rate was trading at 25.8 on November 14, a 91.1% increase. The black market exchange rate has…
The Nigerian naira has collapsed, and analysts warning that the worst could happen for the venerable currency. The USD to NGN exchange rate was trading at 1,687 on Thursday, a few points below the all-time low of 1,680. Similarly, the black market naira rate was trading at 1,740. Budget deficit…
Klarna, the Swedish Buy Now Pay Later (BNPL) company, has filed to go public in New York, a move that will make it one of the biggest IPOs in recent years. The company will join Affirm, the American BNPL giant that went public in 2021. After its initial surge, Affirm…
Quantum Computing Inc. (QUBT) stock price went parabolic on Wednesday as it formed a God candle and rose by over 92%. It soared to a high of $3.42, which was its highest level since February 2023. It has jumped by more than 686% from its lowest level in 2023, giving…
Air Canada stock price has skyrocketed in the past few weeks, making it one of the best performing Canadian companies. AC has risen in the last eight consecutive weeks, moving to a high of $24.20, its highest level since July 31st. It has soared by more than 67% from its…
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with Volkswagen. It jumped to $12, up by 25.6% from its lowest level this month, valuing the EV company at over $10 billion. Rivian and Volkswagen joint venture The main catalyst for…
Tilray Brands stock resumed the downward trend and crashed to its all-time low after suffering a major setback in the United States. TLRY shares plunged to a low of $1.36 on Monday, bringing the year-to-date losses to 36%. It has also retreated by over 50% from its highest level this…
Bayer share price crashed to its lowest level in over twenty years as concerns about its future continued. It plunged to a low of €20.54 on Tuesday, bringing the year-to-date losses to about 40%. Worse, it has dropped by over 80% from its highest level in 2015, costing investors billions…
Meme coins have taken the Solana blockchain by storm, with investors pouring into these high-risk, high-reward digital assets. The popularity of coins like Popcat and Brett has sparked interest in new projects like Vantard, which aims to simplify meme coin investing by offering a managed portfolio of promising tokens. By…