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<p>North Korean-backed state hackers have stolen an estimated US$3 bn over the last six years (since January 2017).</p><p>I've seen similar reports from time to time so this is not fresh news. Not good news either, especially for those having funds stolen. </p><p><a href="https://coingeek.com/north-korea-c

<p>Goldman Sachs analysts are forecasting GBP/USD higher in the next six months.</p><p>Forecasting to 1.30 from it previous forecast of a drop to 1.20:</p><ul><li>GBP will benefit from the Bank of England being slower to cut rates compared with the Federal Reserve and European Central Bank</li><li>Fed

<p>Goldman Sachs Asset Management says that there is potential for some weakness in stocks following the prolonged rally that began in October, given the market is adjusting to the chance the FOMC holds rates higher for longer.</p><p>But, that any resulting dip should be bought:</p><ul><li>"If the market tra

<p>The Reserve Bank of New Zealand have announced that the annual re-weighting of the NZ dollar Trade-Weighted Index (TWI) takes effect from tomorrow, NZ time, Wednesday 13 December 2023.</p><p>The current TWI weights and those that will apply for the next 12 months are:</p><p>The TWI is a weighted average of the New Z

<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.</li><li>CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.</li>

<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan

<p>The greenback is slightly lower on the day but it is still early to be deciding its fate as <a href="https://www.forexlive.com/news/us-inflation-the-main-event-in-trading-today-20231212/" target="_blank" rel="follow">markets are eyeing the US CPI data</a> to come later. So, I wouldn't look too

<p>In terms of economic data releases these days, there is none bigger than the US CPI report. And we are going to get that today all before the other important items on the agenda later this week as seen <a href="https://www.forexlive.com/news/quiet-trading-so-far-but-plenty-still-to-come-later-in-the-week-20231211/" target=&quo

<ul><li><a href="https://www.forexlive.com/centralbank/gbpusd-forecast-goldman-sachs-predicts-rise-to-130-amid-dovish-outliers-20231212/">GBP/USD forecast: Goldman Sachs predicts rise to 1.30 amid dovish outliers</a></li><li><a href="https://www.forexlive.com/news/uk-firms-delaying-new-investmen