FX Weekly Recap: November 11 – 15, 2024
FX traders seemed to shift their attention away from the U.S. elections aftermath and back to fundamental factors, as well as central bank policy expectations.
FX traders seemed to shift their attention away from the U.S. elections aftermath and back to fundamental factors, as well as central bank policy expectations.
This week, Cboe Clear Europe has launched its first central clearing service for European Securities Financing Transactions (SFTs) in cash equities and exchange-traded funds (ETFs). The move is aimed at enhancing capital efficiency and post-trade processing. The first trades cleared under the new service involved Natixis Corporate & Investment Banking as a Principal Lender and…
Historically, December has been one of the strongest months for the stock market, with the S&P 500 averaging consistent gains over the past five decades. The “Santa Claus Rally,” a term coined to describe the upward trend in stocks during the last week of December, often gets the spotlight. But what many traders overlook is…
Sexiest Female Celebrities often trend online, but today we focus on famous celebrities from Mexico who truly dominate headlines. From Mexican cinema legends to Latin pop royalty, these icons shaped Latin America and beyond. I have followed Mexican celebrities for years, and their influence goes far beyond fame and glamour. When we talk about famous…
As expected in our BOC Event Guide, The Bank of Canada cut interest rates by 25 basis points to 3.0%, marking the sixth consecutive rate cut since June 2024. The central bank also officially ended its quantitative tightening program while warning about significant risks from potential U.S. trade tariffs. Alongside the rate cut, the BOC…
EUR/CHF is in correction mode on the daily time frame, and it looks like this former support zone could hold as a ceiling. If so, how low can the pair go? Check out these inflection points on the long-term chart! EUR/CHF Daily Forex – Chart Faster with TradingView This euro pair has been selling off…
Kraken’s xStocks, which tokenizes real-world equities, is expanding its partnership with Alpaca. The acquisition follows recent announcement by the crypto exchange that it had agreed to acquire Backed Finance, the firm behind the issuance of xStocks. Expanding Tokenized Equities Kraken named Alpaca as its preferred partner for sourcing and custodying the equities backing xStocks on…