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EURUSD Double Bottom on Watch Price action in EURUSD is starting to look interesting here. The pair has been moving steadily lower within a clearly defined bear channel from the 2021 highs. However, recently we’ve seen the pair finding big support at the 1.0364 level, which has paused the decline for now. We’re seeing big […]

Tether chief technology officer Paolo Ardoino has confirmed that the stablecoin Tether (USDT) has been the subject of a “coordinated attack” by hedge funds looking to short-sell the United States dollar-pegged crypto asset.  Speaking to his 151,600 Twitter followers on Monday, the Tether executive was responding to reports that hedge funds have been borrowing millions […]

Front said Tuesday it raised $65 million in a Series D financing round that values the software-as-a-service company in the customer relationship business at $1.7 billion. Salesforce Inc.’s Salesforce Ventures unit led the financing, along with Battery Ventures. PagerDuty Inc. PD, -2.60% CEO Jennifer Tejada, Sequoia Capital, Threshold Ventures and Uncork Capital also paid undisclosed […]

A key part of the Central Bank’s role is the maintenance of monetary and financial stability. Our work on the first of these is primarily done through monetary policy set for the euro area by the ECB’s Governing Council.  And here in Ireland we set out our views on the key risks to financial stability […]

  Speech to Arthur Cox Client Seminar, 23 June 2022 Good afternoon. It is a pleasure to be here. Many thanks to Arthur Cox for inviting me to speak with you today. The focus of my remarks is the new Individual and Senior Executive Accountability framework which will come into effect next year1.  I will […]

On 22 June 2022, the Central Bank of Ireland (the “Central Bank”) reprimanded and fined Allied Irish Banks p.l.c. (“AIB” or the “Firm”) €83,300,000 pursuant to its Administrative Sanctions Procedure (“ASP”) for a series of significant and long-running failings in the treatment of its tracker mortgage customers holding 10,015 mortgage accounts between August 2004 and […]