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Group claiming CDK systems hack demands millions of dollars, Bloomberg News reports By Reuters – Forex Trader Hub
BySilas W(Reuters) -A group of hackers claiming responsibility for a cyberattack on CDK’s software systems has demanded millions of dollars in ransom to put an end to the hack, which affected auto dealers across the United States, Bloomberg News reported on Friday. The group behind the attack is believed to be based in eastern Europe, according…
Why the CPI Release Matters for the Price of Bitcoin
BySilas WThe previous Consumer Price Index (CPI) report was published on 13 January and had a significant impact on Bitcoin’s price. As the BTC/USD chart shows: → shortly after the release, the price surged aggressively to the 14 January peak;→ it then reversed sharply lower (a sign of a bull trap), creating a bearish outlook —…
BofA: EUR/USD to decline near-term but will rally to 1.10 by year-end | Forexlive
BySilas WBofA maintains a EUR/USD outlook of short-term weakness but a medium-term recovery. They do not expect parity, but the pair could drift lower before rallying to 1.10 by year-end—well above consensus. With EUR/USD already at their mid-year forecast of 1.05 ahead of schedule, their broader view remains intact: USD strength persists in Q1, but fades…
US Non-Farm Payroll 7th May’24 | PreferForex
BySilas WUS Non-Farm Payroll Related Factors Analysis On Friday, June 7th, the Non-Farm Payrolls (NFP) report is scheduled to be issued., The US economy added 175,000 jobs in April 2024, and 190 thousand are expected for May. A stronger than expected NFP number could put upward pressure on yields (interest rates), as it would signal continued…
FCA Flags Clone Firm Impersonating Admiral Markets UK
BySilas WThe UK’s financial regulator has flagged an unscrupulous firm impersonating the authorized Admiral Markets UK Ltd. According to the Financial Conduct Authority (FCA), the cloned entity uses Admiral Markets UK Ltd’s details in a fraudulent firm under the name admrlmrkts.co. The Clone Firm’s Details According to a statement by the FCA, admrlmrkts.co is contacting unsuspecting…
Fine Fractal Channel MT4 Indicator – ForexMT4Indicators.com
BySilas WThe Fine Fractal Channel MT4 Indicator is designed to detect fractal patterns in price action, connecting them into channels that reveal market trends. These channels provide a visual roadmap of support and resistance levels, helping traders spot potential breakouts and reversals. It automatically adapts to different timeframes, making it useful for both short-term scalpers and…

