Day: July 1, 2022

Jul 01
Japanese Candlesticks Analysis 01.07.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Shooting Star reversal pattern not far from the resistance area. At the moment, the asset may reverse in the form of a new descending impulse. In this case, the downside target may be the support level at 1785.50. […]

Jul 01
FOMO Friday: Crude Prices Plunge Mid-Week

Oil Turns On a DimeThe final week of H1 comes to an end and it’s certainly been something of a finale for traders. We’ve seen plenty of action this week with a host of big moves and key developments across financial markets. Looking away from the FX space for a change, it seems that outside […]

Jul 01
Investment Bank Outlook 01-07-2022

Credit AgricoleCHF: no denying parity no more EUR/CHF dipped below parity yesterday for the first time since 7 March, as prior to that such levels had not been seen since January 2015 and the aftermath of the floor removal. Three months ago, the pair was quick to reverse higher as the SNB possibly lent a […]

Jul 01
Worst quarter in 11 years as Bitcoin price and activity plunges

Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either. 3457 Total views 8 Total shares Bitcoin (BTC) has seen its worst quarterly loss in 11 years with price and activity on the blockchain both […]

Jul 01
Facebook’s Meta warns of engineer job cuts, sharp downturn ahead: report

Facebook owner Meta is bracing for a sharp downturn, with plans to cut 30% of engineer jobs this year, Chief Executive Officer Mark Zuckerberg told employees on Thursday, Reuters reported. “If I had to bet, I’d say this might be one of the worst downturns that we’ve seen in recent history,” Zuckerberg said during a […]

Jul 01
Ethereum fork a success as Sepolia testnet gears up to trial the Merge

The difficulty bomb has been successfully delayed according to core dev Tim Beiko and Ethereum ecosystem developer Nethermind. 1200 Total views 7 Total shares The difficulty bomb-delaying Gray Glacier hard fork went live on Ethereum on Thursday without a hitch according to the network’s core devs including Ethereum Foundation’s Tim Beiko. The Sepolia testnet is […]

Jul 01
FedEx cut to hold from buy at Berenberg, amid ‘cloudy macroeconomic outlook’

FedEx Corp. FDX, -3.04% was downgraded to hold from buy, and its price target cut to $275 per share from $300 by Berenberg analysts, who said the shipping giant had become “too much of a ‘show-me story. Shares had seen a recent reprieve amid a CEO change and apparent influence of an activist investor, analysts […]

Jul 01
Central Bank of Ireland hosts inaugural meeting of the Climate Forum and publishes Sustainable Investment Charter

Climate Forum will meet twice yearly and brings together climate change experts, industry representative bodies, regulated firms, and Central Bank representatives. Central Bank also publishes its first Sustainable Investment Charter. Charter provides a guide to apply sustainable investment principles to the Central Bank’s investment assets. The Central Bank of Ireland has hosted the inaugural meeting […]

Jul 01
Statement – Post CEO Roundtable

The Central Bank of Ireland welcomes the statement from the Banking and Payments Federation Ireland (BPFI) following Tuesday’s CEO roundtable meeting, at which the retail banks set out the programme of work being undertaken by the sector to manage the migration of personal and business bank accounts. The work outlined focuses on the four areas […]

Jul 01
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent firm clones Fire Financial Services Limited T/A fire.com and Fire

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent entity has been claiming to be a retail credit firm in the State in the absence of an appropriate authorisation. In this instance the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firms in order to deceive consumers. […]