Cryptocurrencies
Summary 10/16 – 10/20
Monday, Oct 23, 2023 Tuesday, Oct 24, 2023 Wednesday, Oct 25, 2023 Thursday, Oct 26, 2023 Friday, Oct 27, 2023 The post Summary 10/16 – 10/20 appeared first on Action Forex.
Cryptocurrencies
BoC to Hold Key Overnight Rate Steady Next Week
Economic data releases since the Bank of Canada opted to forego an interest rate hike in September have been mixed, but we expect that they on net have made a hike at next week’s decision Read more…
Cryptocurrencies
Americans are having a tough time repaying pandemic-era loans received with inflated credit scores
With the economy of the United States at a standstill during the Covid-19 pandemic, the efforts to stimulate the economy brought many opportunities to people who may have not had them otherwise. However, the extension Read more…
Cryptocurrencies
Las Vegas Strip faces growing bed bug problem
Las Vegas beat the covid pandemic. It wasn’t that long ago when the Las Vegas Strip went dark and people questioned whether Caesars Entertainment, MGM Resorts International, Wynn Resorts, and other Strip players would emerge Read more…
Cryptocurrencies
‘Rough world out there’: The government issues warning about traveling anywhere
With active military conflicts sweeping wide swaths of more than one continent, the thought of international travel can sound scary to some people. There are news stories of ongoing evacuation efforts amid an escalating war Read more…
Cryptocurrencies
A popular European city is introducing the highest ‘tourist tax’ yet
Those who feared a domino effect after some popular vacation destinations started playing around with the idea of a “tourist tax,” or a fee for those coming into the city or country from somewhere else, Read more…
Cryptocurrencies
A Low-Tolerance RBA Won’t Yet Have Seen Enough to Move
The main domestic data this week was the September labour force release. As colleague Westpac Economist Ryan Wells noted yesterday, the data were a mixed bag. Looking through the monthly noise, the labour market is Read more…
Cryptocurrencies
Week Ahead – ECB Meeting and US GDP to Shake FX Markets
Central bank decisions in Eurozone and Canada coming up But FX traders will likely focus more on the US GDP report Is the dollar set to realign with its superior fundamentals? Dollar turns to GDP Read more…
Cryptocurrencies
Weekly Focus – Risk of Escalation in Middle East Drives Oil Prices Higher
Geopolitics has taken centre stage in financial markets once again. As the risk of escalation in Middle East grows, oil prices continue to drift higher (breaching USD 93 level), raising stagflationary concerns for the global Read more…