FTX rival Binance is at the center of wide bankruptcy speculation. The poison of suspicion is terrible in the cryptocurrency industry. A month after the overnight implosion of the crypto empire of Sam Bankman-Fried, 30, Read more…
An interesting pair to look at to identify the path of the USDX after 9.28.22 peak is the USDCHF. We all know and seen the USDX rallying within wave ((3)) during the last 1 and Read more…
Remittances can be an important source of income for some countries. Canva What Are Remittances? Remittances are payments for goods or services, or gifts, and are typically wire transfers in which a person from one Read more…
Maxar Technologies (MAXR) – Get Free Report shares more than doubled in pre-market trading Friday after the satellite satellite imagery company agreed a $6.4 billion takeover from Advent International. Advent, a Boston-based private equity group, will pay Read more…
Eurozone CPI was finalized at 10.1% yoy in November, down from October’s 10.6% yoy. CPI core was finalized at 5.0%, unchanged from prior month’s reading. The highest contribution came from energy (+3.82%), followed by food, Read more…
ECB Governing Council member Olli Rehn said, “we will stay the course as President (Christine) Lagarde yesterday indicated and this will likely mean 50 basis point rate hikes in the coming meetings, at least as Read more…
Meta may be slowing winning back Wall Street’s confidence as it looks to keep costs from spiraling amid a slow-down in ad spending and deeper losses in its metaverse project. Meta Platforms (META) – Get Read more…
ECB Governing Council member Francois Villeroy de Galhau told BFM Business radio that “the match is not over” in fighting inflation, adding that rate hikes remain the main tool. Regarding the quantitative tightening on the APP Read more…
USDCAD has been in an uptrend since March, storming to a fresh 30-month high of 1.3976 before experiencing a downside correction. Even though the pair erased part of its recent pullback, it has been rangebound Read more…
Cable remains in red on Friday and extends lower after nearly 2% drop on Thursday, pressured by renewed risk aversion after major central banks showed unexpectedly hawkish stance and prompted investors into safety of dollar. Read more…