by admin | Feb 9, 2023 | Forex
The Financial Commission (FinCom), a self-regulatory organization in the financial services industry, announced the expulsion of forex and contracts for differences (CFDs) broker, Bold Prime, from its membership. The press release shared with Finance Magnates detailed...
by admin | Feb 9, 2023 | Forex
Bitcoin has pulled from the supporting level of 22500, forming a bullish engulfing. Currently, it seems that the asset might potentially jump and face resistance at the level of 25000. So, let’s wait and see what is about to happen next.Gold remains at the supporting...
by admin | Feb 9, 2023 | Forex
2023.02.09 2023.02.09 Pound is set back by US jobs report. Forecast as of 09.02.2023Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/Although the GBPUSD crash was triggered by the Bank of England, the pair continued falling amid the US strong...
by admin | Feb 9, 2023 | Forex
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Alun John LONDON (Reuters) – The Swedish crown rallied on Thursday after the country’s central bank...
by admin | Feb 9, 2023 | Forex
We have a very tight labour market (Bailey)There is substantial further monetary policy tightening still to come (Pill)There is no room for complacency (Pill)Anticipates an extended period of weakness in UK economic activity (Pill)Economic theory shows inflation...
by admin | Feb 9, 2023 | Forex
FEDSpeak – in virtual union about higher rates (along with Dimon “too early to declare victory vs. inflation”) – Fed Funds terminal rate now 5.122%. USDindex holds at 1-mth highs in flat FX markets, US10yr yield 3.653. Google’s AI the “Bard” bombed (got a wrong answer...