Latest Market News

Jun 16
‘Cheaper than it looks:’ Fidelity exec says BTC undervalued and oversold

Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.” 4479 Total views 69 Total shares Jurrien Timmer, director of global macro of Fidelity, has argued that Bitcoin (BTC) may be “cheaper than it looks,” highlighting evidence on Tuesday that the […]

Jun 16
Swiss franc surges after half-point hike from SNB

The Swiss franc CHFEUR, +1.73% surged against the euro after the Swiss National Bank joined the rate hike party. The franc rose to €0.9767 from €0.9631 on Wednesday. The central bank lifted its base rate by a half point, to negative 0.25%. It also expressed a willingness to intervene in the foreign exchange market as […]

Jun 16
Agreed settlement – Architas NV

This press release is not available in English. Please consult the French or Dutch site. Source: FSMA

Jun 16
FCA tells lenders to support consumers struggling with the cost of living

The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms act now to make […]

Jun 16
Ichimoku Cloud Analysis 16.06.2022 (GBPUSD, BRENT, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” The pair is correcting upon bouncing off the support area. The pair is moving under the Ichimoku Cloud suggesting a downtrend. A test of the Kijun-Sen line is expected at 1.2205, followed by falling to 1.1845. An additional signal confirming the decline will be a bounce off the […]

Jun 16
US dollar remains strong. Overview for 16.06.2022

On Thursday, the major is very cautious. The quote is 1.0443. News is plenty today, and all about global regulators. For example, the Federal Reserve system increased the interest rate by 75 base points to 1.50-1.75%. This is the most devisive action taken by the Fed since 1994. The expectations were more or less like […]