South Korean won expected to strengthen to 1,340 by year-end: BofA

South Korean won expected to strengthen to 1,340 by year-end: BofA
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South Korean won expected to strengthen to 1,340 by year-end: BofA
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On Monday, Broadridge Financial Solutions announced its readiness to support new OTC derivatives reporting requirements in Singapore and Australia, which will take effect on October 21, 2024. In addition, the company revealed in a press release that it is proactively expanding its offerings to include other regulatory regimes and asset classes, such as the Canadian…
The Franc surges nearly 1% as Trump’s tariff threats trigger risk aversion and deepen the US Dollar’s slide. USD/CHF breaks below 0.8250, nearing key support at May’s low of 0.8184. Bearish flag breakdown points to a possible test of the 2025 low at 0.8038. Traders pile into Swiss Franc as US protectionism and fiscal risks…
The year 2025 forced markets to react faster than narratives could adjust. Several 2025 major market events changed expectations across equities, bonds, commodities, currencies, and crypto. Investors did not respond to one single shock. Instead, they faced a sequence of policy shifts, price surges, and geopolitical signals. As a result, the 2025 global economic events’…
Not content with reimaging DeFi lending once, Silo is preparing to do it all over again. V1 of its lending and borrowing protocol introduced risk-isolated markets, ensuring that cross-pool contagion, in which a single incident affects all users, was impossible. V2, recently launched, offers fresh possibilities by allowing third-party devs to create fully customized lending…
The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong China numbers boost the Aussie? There was good news out of China on Friday, highlighted by GDP which was stronger than expected. The economy expanded by 5.4% y/y in…
Imagine staring at a stock screen, watching prices jump around like kids on a playground. That’s the chaos of trading. But candlestick charts turn that mess into clear stories. They show you exactly how buyers and sellers fight for control. Traders from New York to Tokyo swear by them to spot trends fast. No need…