Blogs

GBP advances on improved market mood

Forex

<p> <br /> </p> <div> <p> <br /> <span>Share:</span> <br /> </p> <h2>GBP/USD Forecast: Pound Sterling holds above key support levels, encouraging buyers</h2> <p>Despite the risk-averse market environment and the persistent US Dollar (USD) strength, GBP/US

Next Week’s Menu: January 6 – 12, 2024

Forex

Central Banks: Interest rate policies will be reviewed in South Korea, Serbia, Romania, Peru and Poland. Holiday: Japanese markets closed January 8 for Coming of Age Day. Scheduled U.S. Data Releases: Consumer prices, producer prices, small business sentiment, and consumer price expectations. Weekly jobless insurance claims, mortgage applications,

Further Big Rise in Bond Yields

Forex

Ten-year sovereign debt yields overnight rose by a further 13 basis points in Greece, 12 bps in Italy, 10 bps in Spain, 9 bps in France and Germany, 8 bps in the U.K. and seven basis points in the United States. Amid this backing up of long-term interest rates, equities remained on their back foot, […]

Why BTC Plunges To $40K? Here are 4 reasons!

Forex

<p>&nbsp;"Last night there must have been a lot of people who were surprised, didn't you do something that was detrimental when the BTC price fell?"</p><p><br /></p><p>Cryptocurrency king Bitcoin (BTC) overnight gave investors a thrill when its price plummeted to $40,755 after climbing nearly $

Ringgit Value Is Weak, FOMC Report Gives True Answer

Forex

<p>&nbsp;This morning, the Malaysian Ringgit (RM) currency weakened again against the US dollar after hopes of a cut in interest rates next March by the Fed faded. The US Federal Open Market Committee (FOMC) report provided little answer about the extent of the cuts.</p><p><br /></p><p>Exactly at 9 this morni

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