The Australian Federal Court found LGSS Pty Limited, a Super Active superannuation fund trustee, guilty of greenwashing. In August 2023, the Australian Securities and Investments Commission instigated civil penalty proceedings against this company for “misleading conduct and misrepresentations” regarding its eco-friendly stance. Active Super professed that it does not invest in organisations that notably threaten…
GBP/USD broke through the 1.2800 resistance, supported by a major bullish trend line at 1.2750 on the 4-hour chart. Gold prices are climbing above the $2,350 resistance zone, while EUR/USD is targeting the 1.0950 level. Source: DailyFX The British Pound has maintained a positive stance above the 1.2650 support level against the US Dollar. GBP/USD…
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AUD/JPY extends gains as Australia’s Trade Surplus widens amid lower imports. Australia’s Trade Balance rose to A$ 6,548 million MoM in May, surpassing the expected A$ 5,500 million. BoJ Governor Kazuo Ueda stated that inflation expectations are gradually rising but have yet to reach 2%. AUD/JPY continues to gain for the second successive day, trading…
SPONGEUSDT price is increasing SPONGEUSDT Price Analysis – 06 June If SPONGEUSDT is able to break over the $0.00061 barrier, it can go above the resistance levels of $0.00077, and $0.00087. However, the price can decrease much lower to $0.00033 and $0.00026. SPONGEUSDT Market Key levels: Resistance levels: $0.00061, $0.00077, $0.00087 Support levels: $0.00050, $0.00033,…
Blockchain tracker Whale Alert reports XRP whales moved over $88M in XRP to Coinbase and from Binance to unknown wallets amid a slight market decline. In a financial maneuver monitored by blockchain enthusiasts, XRP whales have conducted a series of high-value transactions, prompting speculation about their next strategic moves. These movements, captured by the blockchain…
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This occurred yesterday and was in line with analysts’ forecasts, according to a Bloomberg survey. According to statements from the Bank of Canada:→ Price growth indicators for consumer price index components have further decreased and are close to their historical average;→ Recent data has increased confidence that inflation will continue moving towards the 2% target;→…
By Ankur Banerjee SINGAPORE (Reuters) -Asian shares gained on Thursday on rising expectations the U.S. Federal Reserve will likely cut interest rates in September, while the euro firmed ahead of the European Central Bank policy meeting where a rate cut is widely expected. The shifting Fed expectations lifted oil prices and dragged Treasury yields to…
Forex Blog June 6, 2024 | 11:13 am | Forex Blog June 6, 2024 | 11:13 amForex Blog Learn the Pros’ Playbook LIVE! – No BS 8 expert traders are ready to share their playbooks and deep dive into the world of stock trading. Agenda 0:22:01 – 1:26:51Deep Dive kick-offwith Michael Katz & Alex…