Month: November 2022
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Forex Markets Led By USD Failed To End The Week On Higher Note
Trade Markets Poised With Risks Trade markets were poised with the risky atmosphere on 17th November 2022, however, the index for US Dollar was able to gain some advantages. Resultantly, […]
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Dollar Price Edges Lower Despite Hawkish Comments From Feds Over Interest Hikes
The dollar price moved downwards in Friday’s trading session that took place in the European forex market. Despite the Friday decline, the overall performance of the dollar for the entire […]
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Naira Comes Face To Face With USD
Falling behind at its lowest against the USD, Naira got the chance of making up the loss by being able to trade @ 820 Naira against 1 USD. One of […]
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New FTX CEO Says Company Not Sure Of Its Money Or Employees
On Thursday morning, the chief executive of the FTX Group, John J. Ray III submitted a 30-page affidavit, which said that FTX does not seem to know exactly how much […]
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The Central Bank Of Turkey Is Making Necessary Adjustments To Strengthen The Lira
As the elections approach the year 2023, the central bank of Turkey has made necessary preparations to stabilize the local currency. Turkish Central Bank Gives Finishing Touches As the elections […]
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Circle Discloses FTX Exposure And More
A new regulatory filing from Circle indicated that the projections it had put forward about its performance back in February were no longer applicable and they would be significantly lower. […]
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EUR/USD Pair Moving Towards 200-EMA after Recording 4% Value Increase Per Week
Soon after the publication of the Consumer Price Index report, which suggested the US Federal Reserve reducing the rates, Euro ended the week on a positive note. As resultantly, USD […]
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Kraken CEO Talks About Impact Of FTX Collapse
The failure of the FTX crypto exchange is still fresh in the crypto industry, as the impact is slowly coming to light. The chief executive of Kraken, another crypto exchange, […]
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Dollar Stems Losses as Investors Eye US Midterms
USD Losing Grips in Forex Markets Forex markets particularly with regard to USD aren’t steady and in fact, falling because of several factors prevailing in the US economy. Currently, investors […]
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Onchain Data Shows ETH Withdrawals Paused For 2 Hours By FTX US
West Realm Shires Services, the parent company of FTX International, filed for Chapter 11 bankruptcy in Delaware and users realized that the bankruptcy filings also included the name of FTX […]