USD/CAD Weekly Outlook - ActionForex

    USD/CAD Weekly Outlook – ActionForex

    USD/CAD rose further to 1.4247 last week but retreated mildly since then. Initial bias remains neutral this week for consolidations. While deeper pullback cannot be ruled out, downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement of 1.4791 to 1.3480 at 1.4290. Firm break…

    Read More
    Prediction markets: Hong Kong ban alone will not solve risks, legal experts say

      Prediction markets: Hong Kong ban alone will not solve risks, legal experts say

      Prediction markets occupy a grey area under Hong Kong’s gambling laws, with experts warning that the increasingly popular betting platforms could pose risks related to market manipulation and consumer protection. Lawyers and a legislator said that while a ban could restrict access to these largely unregulated betting platforms, authorities would face challenges in gathering evidence…

      Read More

        3 Beaten-Down AI Chip Stocks to Consider Buying in the Sell-Off

        Chip stocks have taken a beating this week. A rotation out of high-flying technology names — driven by mounting doubt about whether the industry’s enormous spending on artificial intelligence (AI) will ever pay off — has dragged the whole chip sector lower, and Friday brought more selling. Sell-offs like this rarely bother to separate strong…

        Read More