<p>To maintain market integrity, South Korea has imposed collective fines totaling two billion won ($1.54 million) on three undisclosed global hedge funds for violations of capital market laws. The announcement was made jointly by the country's Financial Services Commission and Financial Supervisory Service.</p><p>Illegal Sho
Blogs
Fintech Robos Eyes MENA with Retail Investment Workshop in Saudi Arabia
<p>Fintech Robos, the entity providing digital savings solutions, is gearing up to host an event for top-tier executives in the finance sector in Saudi Arabia. This event aims to revolutionize the approach towards long-term retail investments across the Middle East and North Africa region.</p><p>According to a report published on
AUD/USD holds positive ground above 0.6730, eyes on US GDP data
The AUD/USD pair trades on a stronger note during the early Asian session on Thursday.
US Dollar edged higher on Wednesday, eyes on GDP revisions
The US Dollar (USD) broke ground trading on an upbeat 102.30 with 0.20% daily gains.
Gold Price Forecast: XAU/USD consolidates gains and threatens the 20-day SMA
In Wednesday's trading session, the XAU/USD Gold spot price witnessed a strong downward trend, currently trading at approximately $2,030.
Mexican Peso backslides on Wednesday despite upbeat MXN Retail Sales
The Mexican Peso (MXN) is holding in place, pinned into recent highs against the US Dollar (USD) as broad-market selling pressure keeps the Greenback in place and gives the Peso a chance to cover more ground even as a dovish Banco de Mexico (Banxico) weighs the potential for rate cuts as soon as 2024’s first […]
EUR/USD cycles below 1.1000 in pre-holiday market churn
The EUR/USD drifted lower on Wednesday, falling back into 1.0930 late in the day after slipping from the day’s opening bids near 1.0980 with the pair capped just beneath the 1.1000 handle.
South Korea Producer Price Index Growth (YoY) declined to 0.6% in November from previous 0.8%
South Korea Producer Price Index Growth (YoY) declined to 0.6% in November from previous 0.8%
South Korea Producer Price Index Growth (MoM) down to -0.4% in November from previous -0.1%
South Korea Producer Price Index Growth (MoM) down to -0.4% in November from previous -0.1%
Forex Today: US Dollar modestly recovers as markets enter holiday mode
It will be a quiet Asian session in terms of economic data.