Articles by Samed Olukoya

British pound

Pound Slides as BOE Cuts Rate

The pound fell the most in more than four weeks after the Bank of England cut interest rates for the first time since March 2009,…

US Services

US Services PMI Edges Down to 55.5

The US services PMI for the month of July declined from 55.5 from 56.5 in the preceding month, the Institute of Supply Management (ISM) reported…


Is USDCAD Ready For 1.3387 ?

The loonie has failed twice since June 28 to break 1.2849 support level after Canadian economic data showed that the weak manufacturing sector is hindering…