Latest Market News
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend the pilot period related to FINRA Rule 6121.02 (Market-wide Circuit Breakers in NMS Stocks) to the close of business on April 18, 2022. Source: FINRA
Washington, D.C. – The Commodity Futures Trading Commission today announced that the U.S. District Court for the Northern District of Illinois entered a consent order on March 21, 2022 for a permanent injunction, monetary sanctions, and equitable relief against defendants Dro Kholamian of Barrington, Illinois and his company, Blue Star Trading, LLC (Blue Star), which […]
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards. 740 Total views 20 Total shares The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency […]
Stocks ended higher Tuesday, finding their footing a day after the Dow Jones Industrial Average snapped a five-day winning streak following hawkish comments by Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average DJIA, +0.74% finished around 255 points higher, up 0.7%, near 34,807, according to preliminary figures, while the S&P 500 SPX, +1.13% […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading within the “overbought area”. In this case, the price is expected to test 8/8, break it, and then continue falling to reach the support at 7/8. However, this scenario may no longer be valid if the price breaks […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.2640. However, an alternative scenario implies that the asset may fall […]