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“Forever an eTorian” Shir Shalom Moves to $140 Billion Asset Manager
Shir Shalom, who recently departed from eToro after nearly four years leading various projects related to risk management, has been appointed as Head of the Economic Department at Phoenix Financial. The move comes just weeks after Shalom announced her exit from the trading platform. From eToro to Phoenix Financial In her new position at Phoenix…
USD/CAD Retracts from Nearly 2-Month High
Yesterday, the USD/CAD exchange rate climbed above 1.3785 for the first time since mid-April. However, today’s USD/CAD chart shows that it failed to consolidate at this peak and has dropped to a weekly low. These fluctuations might be interpreted as traders positioning themselves ahead of today’s critical events. According to ForexFactory: At 15:30 GMT+3, US…
Airlines fly over Afghanistan as Middle East becomes the greater risk By Reuters – Forex Trader Hub
By Joanna Plucinska and Lisa Barrington LONDON/SEOUL (Reuters) -Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after years of largely avoiding it now the Middle East conflict has made it seem a relatively safe option. The carriers mostly stopped transiting Afghanistan, which lies on major routes between Asia and Europe, three…
Japanese Corporate Service Price Index climbs to 2.8% annually from 2.3%
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Bitcoin Price Falls Below $90k
Today, the price of Bitcoin dropped below the psychologically significant $90,000 level for the first time since late April, with the decline from last month’s all-time high now approaching -30%. Why is Bitcoin Falling? One of the main reasons is the highly leveraged nature of the cryptocurrency market. According to Coinglass, $1 billion worth of…
