Latest Market News
GBPUSD remained volatile and got under pressure on Friday. The British Pound is falling against the USD on Friday. The current quote for the instrument is 1.3552. The United Kingdom released a lot of macroeconomic reports today and investors had no choice but respond. The British GDP in December 2021 dropped 0.2% m/m after adding […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD has completed the first correctional wave to the upside after testing 23.6% fibo. The current decline may be heading to break the low at 0.6967 and then continue down to 50.0% fibo at 0.6758. However, as long as the price […]
USD Ending the Week HigherThe US Dollar is trading on a better footing into the end of this week following a further lift from the US January CPI reading yesterday. Headline inflation was seen rising 0.6% on the month, better than the prior month’s 0.5% reading and the expected 0.4% reading the market was looking […]
Well, it’s been a much quieter week for FX markets. On the back of the US jobs report last week the market appears to be awaiting the next major catalyst. We have seen some interesting moves, however, with the reversal lower in EUR, and strength in AUD and NZD headlining the week’s action. However, talking […]
The exploit took place on the Ethereum-BSC bridge that saw the hacker use $185 million as collateral to steal $80 million worth of tokens from lending pools. 1250 Total views 50 Total shares The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization […]
The Tennessee Valley Authority said Thursday that service to its customers remains unchanged and there will be no interruption in wholesale power in reaction to newly-signed medical cannabis law in Mississippi. The TVA provides electricity to power companies operating in part of the state. “TVA has an obligation to serve our customers with safe, reliable […]