Recent Posts
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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IMF Asks Countries To Avoid Intervention Due To Weakening Of Respective Currencies
The International Monetary Fund (IMF) has recently issued a statement about the countries intervening in the forex exchange (Forex) markets. Statement by the IMF The IMF has advised the countries […]
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Russia Has Resumed OFZ Auctions Only To See Ruble’s Value Strengthen Against Euro
In the Wednesday trading session, the Russian rouble recorded a significant rise in value. Although the Russian rouble is up against all major currencies, it landed a huge victory against […]
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With Market’s Attention Focused On OFZ Auctions, Price Of Russian Rouble Has Declined
In the latest trading session, the trading price of the Russian rouble experienced a downtrend. The price of the Russian rouble edged lower after experiencing great volatility for several weeks. […]
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Analysts Consider The Possibility Of Central Banks Sparking A Global Recession
The current forex market continues to be rattled by the increased volatility of various currencies. As inflation rates and prices for various commodities continue to skyrocket, the forex market continues […]
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AUDUSD Continues To Stay In A Downtrend And Is Struggling To Go Lower
The AUDUSD has continued to a downtrend in recent months due to the fluctuating foreign currency market. In fact, the overall volatility of the forex market has led to multiple […]