Month: October 2022
-
The Overall FX Market in Asia has Slipped Due to Weak Data from China
On Monday, a downtrend was recorded in the Asian forex markets. Most of the currencies in Asia moved in the negative direction. All of this happened due to the weak […]
-
Crypto Lender Hodlnaut Suffered Losses Of $190 Million In Terra Crash
According to a judicial report, crypto lender Hodlnaut’s exposure to the Terra ecosystem resulted in losses worth a whopping $189.7 million. The Singapore High Court had appointed interim judicial managers […]
-
Dollar Finds Strong and Stable Footing While BOJ Meeting Causes Yen to Dwindle
The US dollar has reportedly found a strong footing in the latest trading session that took place in the European market. US Dollar has Stabilized The value of the dollar […]
-
Hong Kong To Permit Retail Crypto Trading Next Year
Crypto regulation in Hong Kong will see some relaxation that will finally permit retail investors to engage in crypto trading directly. According to reports, a licensing regime is expected to […]
-
US Dollar Tumbles Against The Yen, And Many Are Suspecting An Intervention From BOJ
The yen continues to see some of its darkest days as the forex market continues its volatile streak amid rising inflationary costs. Until inflation and rising interest rates stop anytime […]
-
Crypto Firm Freeway Says Trading Strategy ‘Failed’
Freeway.io, formerly known as Aubit, announced on October 23rd that it was halting withdrawals on its crypto rewards platform. It said that it was protecting the portfolio of the company […]
-
Japan Finally Intervenes as Yen Continues to Plummet to Dangerous Levels
As inflation rates continue to skyrocket, the forex market sees the brunt of the impact. Save for the dollar which has been rising and doing relatively well against other currency […]
-
Trading Values Of Asian FX Go Muted As US Feds Try To Restrain USD Losses
The majority of the currencies in the Asian forex market recorded a slight movement in the recent trading session. The reason behind their muted movement was the hawkish comments the […]
-
US Jury Finds Credit Suisse Not Guilty Of Rigging Forex Market
As Credit Suisse was put on trial for possibly rigging the Forex market during the 2007 to 2013 period. The bank, currently struggling under the weight of the many interest […]
-
To Boost Trading Price Of Lira, Turkey Has Halted Lending To Major FX Firms
Turkey has recently made a major announcement in regard to saving the trading price of the Turkish lira. The value of the lira has been experiencing a constant dip and […]