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The Week Ahead – Breaking through the volatility – Orbex Forex Trading Blog
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Oil rises amid escalating conflict in the Middle East. AUD and NZD reached multi-month highs
On Friday, the Dow Jones (US30) Index gained 0.33% (for the week +0.60%), while the S&P 500 (US500) Index fell 0.13% (for the week +0.43%). The NASDAQ Technology Index (US100) closed negative 0.13% (for the week +0.50%). The US personal spending and income reports released on Friday were weaker than expected and were favorable to…
Ripple to Acquire Stablecoin Payment Infrastructure Platform Rail
Ripple revealed on Thursday that it will acquire Rail, a stablecoin-powered global payments platform, for $200 million in a deal aimed at strengthening its position in digital asset payment infrastructure. The San Francisco-based blockchain company said Rail’s technology will enhance Ripple Payments’ network, which already offers broad payout capabilities, liquidity in digital assets, and more…
