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Hong Kong’s SFC Seeks Disqualification and Compensation Orders Against Former Board of 3DG Holdings
Hong Kong’s Securities and Futures Commission (SFC) said Friday that it has launched legal proceedings in the Court of First Instance against eight former directors of 3DG Holdings (International) Limited, formerly known as Hong Kong Resources Holdings Company Limited (HK Resources). The legal proceedings regard their alleged failure to prevent the misappropriation of HK$74.4 million…
USD/JPY Forecast: Geopolitics Keeps Dollar on the Front Foot – Forex Crunch
The USD/JPY forecast shows continued strength in the dollar amid geopolitical uncertainty. Market participants are anticipating the US CPI report. Data on Wednesday revealed softer-than-expected US wholesale inflation. The USD/JPY forecast shows continued strength in the dollar amid geopolitical uncertainty. The greenback rose despite downbeat US wholesale inflation and ahead of the CPI report. Meanwhile,…
GBP/USD Forecast. Forex Fundamental Analysis – ForexNews.PRO
GBPUSD: GBP/USD was down six-tenths of a per cent on Wednesday as markets continued to hold on to the safe-haven US dollar. The Federal Reserve (Fed) left rates unchanged as markets had expected, but Fed policymakers, still adopting a wait-and-see stance, curbed risk appetite during the midweek market session. The Bank of England (BoE) will…
Week Ahead – As Dollar Recovers, Spotlight Falls on US CPI Inflation – Action Forex
US CPI data to guide Fed rate cut bets and the dollar RBNZ expected to cut interest rates by 50bps Wounded pound awaits monthly GDP numbers Canada jobs data and BoC business survey also on tab Dollar rebounds on safe haven flows and upbeat data The US dollar staged a meaningful recovery this week aided…
Wave III Setup Points to ₹470–₹690 Targets – Forex Market Analysis – ForexCycle.com
Post Wave II Base Near ₹194.80 Signals Fresh Bullish Cycle With Strong Upside Potential Eternal Ltd has completed a meaningful corrective phase and is now showing early signs of a fresh bullish cycle. After ending a larger degree wave II correction near 194.80, price action has started to turn higher. This level acted as a…
Oil fluctuates amid a truce in the Middle East and a reduction in reserves in the United States
On Wednesday morning, oil prices showed slight fluctuations, reflecting the impact of both signals of a reduction in fuel reserves in the United States and news of a truce between Israel and Lebanon. Brent futures rose slightly, trading at $72.86 per barrel, slightly above the closing level of the previous session ($72.81). A similar trend…
