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Is the Trump Effect Impacting the EURUSD and the DAX? – Forex Forum
BySilas WIs the Trump Effect Impacting the EURUSD and the DAX? Here is a question? Why has the EURUSD recovered and DAX at record levels given the risk of Trump tariffs. prospect of lower interest rates, an underperforming German economy and political uncertainty in Germany (and France)? GER30 DAILY CHART EURUSD DAILY CHART…
Intel (INTC) Shares Drop Over 6% in a Day
BySilas WAs shown on the Intel (INTC) chart, after Tuesday’s candle closed above $21, the price dropped sharply on Wednesday. INTC was the worst-performing stock of the day among the components of the S&P 500 index (US SPX 500 mini on FXOpen). Why Did INTC Shares Fall? The decline is linked to growing competitive pressure. According…
Politics As Science Explained Like A High School Drama Plot
BySilas WAlright, picture this: politics as science is like your favorite high school drama, where everyone’s got an agenda and no one plays fair. The political parties are the cliques, the scientific community are the nerds with the facts, and the government is the overworked teacher trying to keep the peace. Add a few plot twists,…
Yen slides as IMF cuts Japan’s growth estimate – MarketPulse
BySilas WThe Japanese yen has posted sharp losses on Wednesday. In the European session, USD/JPY is trading at 152.67, up 1.06% at the time of writing. The yen is down 2.1% this week and has plunged 6.3% in October. IMF slashes Japan’s growth forecast The International Monetary Fund slashed its 2024 growth forecast for Japan to…
No US CPI Data: Higher Gold? – Orbex Forex Trading Blog
BySilas WNo US CPI Data: Higher Gold? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
FTX Ordered to Return $12.7bn to Customers
BySilas WFailed crypto exchange FTX has been ordered by a court in the US to pay $12.7bn as compensation to people who lost money when it collapsed. This decision comes months after founder Sam Bankman-Fried was jailed for 25 years for his part in the company’s financial meltdown. The Commodity Futures Trading Commission (CFTC) decided the…