Latest Market News
• GBPAUD reversed from support level 1.7200 • Likely to rise to resistance level 1.7600 GBPAUD currency pair recently reversed up from the key support level 1.7200 (which has been reversing the pair from the start of April) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.7200 started the […]
U.S.-listed shares of Chinese internet stocks including Alibaba Group Holdings Ltd. BABA, -11.12% were sinking Friday to cap off an eventful week that saw Chinese leaders reportedly acknowledge that the country could come up shy of its growth goals. The Wall Street Journal reported Thursday that the Chinese Politburo put out a statement asking stronger […]
Bitcoin (BTC) hit a six-week high above $24,000 on July 29, extending its rally that picked up momentum after the United States Federal Reserve hiked rates by 75 basis points on July 27. If the rally sustains for the next two days, Bitcoin could be on target to close the month of July with gains […]
U.S. oil futures climbed on Friday, posting a gain for the week on tight supplies, but prices were down for the month as worries about a potential U.S. recession dulled the outlook for energy demand. Still, “with no major signs of fuel demand destruction, oil seems like it will soon find a home above the […]
The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]
The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]