FX options expiries set to influence currency pairs Tuesday
FX options expiries set to influence currency pairs Tuesday
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FX options expiries set to influence currency pairs Tuesday
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The United Kingdom (UK) plans to send minesweeping drones to the Strait of Hormuz in an attempt to allow the flow of oil exports to resume, the Guardian reported on Sunday. However, officials said that sending ships, as requested over the weekend by the US President Donald Trump could escalate the crisis. Market reaction At the time…
If you are taking prop trading challenges, you are not only trading the market. You are also trading the prop firm’s rules, technology, and support quality. Two fresh examples show why this matters: If you want the original reporting, here are the two Finance Magnates articles: Below is a newbie-friendly guide to protect yourself from…
The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2986, up 0.07% on the day. UK PMIs decelerate in October UK PMI releases on Thursday pointed to weaker activity in October in the manufacturing and services sectors. The Services PMI dropped to 51.8, down from 52.4 in September and…
What Is a Santa Rally? Santa Magic The Santa Rally is a well-known seasonal pattern in the stock market where prices tend to rise during the final trading days of December and the first few trading days of January. Traders and investors often watch this period closely, as it can offer short-term trading…
At the Federal Reserve Bank of Kansas City’s Jackson Hole Economic Symposium, Fed Chair Jerome Powell delivered a much-anticipated speech, titled Monetary Policy and Fed’s Framework Review. Powell highlighted the challenges facing the U.S. economy, including significantly higher tariffs and tighter immigration policy, with both affecting supply and demand. Powell noted that, “in this environment,…
SBI Holdings has announced an investment in Uniblock Inc., an AI-native blockchain infrastructure provider based in Toronto and San Francisco. The investment was made through the SBI-Sygnum-Azimut Digital Asset Opportunity Fund, which is managed by SBI Group. Uniblock provides an infrastructure layer designed to simplify how blockchain applications connect with networks and data providers. SBI…