Latest Market News
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY 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 […]
European indices entered recovery path with a solid rebound after heavy sell-off on Tuesday, greenback, gold and other defensive assets pare down gains amid early signs of de-escalation of Ukraine conflict. This was mainly influenced by the softening position of the country’s leadership on Russian demands, as can be seen from yesterday’s interview with Zelensky. […]
Aeroflot Down 60%It’s been a dismal few weeks for Russian airliner Aeroflot. Shares in the company have fallen around 40% since the Russian invasion of Ukraine. Overall, prices are now down by almost 60% on the year, extending the declines seen over the end of 2021. Aeroflot has been hit hard by the West’s response […]
Binance is looking to diversify its business interests by acquiring company’s outside the scope of cryptocurrency, according to a report from the Financial Times. “We want to identify and invest in one or two targets in every economic sector and try to bring them into crypto,” said Binance CEO Changpeng Zhao, affectionately known to his […]
Skechers USA Inc. SKX, +2.35% said Wednesday it is temporarily suspending shipments of its sporty footwear and apparel to Russia following its invasion of neighboring Ukraine. The company said it’s also donating $250,000 in humanitarian aid to Ukraine and matching employee donations up to another $250,000. “We have deep concern for Ukraine and its citizens, […]
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to October 26, 2022 the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) pursuant to SR-FINRA-2015-036, other than the amendments pursuant to SR-FINRA-2015-036 that were implemented on December 15, […]