USD/CHF pares weekly gains around 0.9655, mildly offered after failing to refresh the monthly peak the previous day. That said, the one-month risk reversal (RR) of USD/CHF, a gauge of calls to puts, paused a six-day uptrend with the latest 0.00 figures for Wednesday, per the data source Reuters. It’s worth noting that the options …
USD/CHF leans bearish towards 0.9650 on mixed options market signals Read More »
South Korea’s central bank said that its Monetary Policy Board hiked the key rate to 2.50% from 2.25% as expected. The central bank raised its key interest rate on Thursday in a bid to keep inflation under control and prevent capital outflows as the U.S. Federal Reserve gears up for more hikes. The Bank of Korea …
Bank of Korea raises key interest rate to 2.50% from 2.25% as expected Read More »
NZD/USD bulls are making their moves in the Tokyo open. The price is being resisted but a break of 0.6195 will open the risk of an upside continuation for the day ahead. NZD/USD is a compelling playbook on the hourly chart. The price has been attempting to break higher but bouts of US dollar strength have …
NZD/USD Price Analysis: Bulls eye a run to 0.6220 Read More »
Squared Holding SA, the parent of Squared Financial, announced on Tuesday the appointment of Dirk van Daele as its new Group Chairman. He was previously a Board Member and Non-Executive Chairman at Squared Financial. His appointment to the apex role came when the company is strengthening its corporate governance toward minority shareholders. All of it …
Squared Holding SA Names Dirk van Daele as New Group Chairman Read More »
Fullerton Markets, a forex and contract for difference (CFD) broker, has become a member of the Financial Commission (FinCom), a forex industry-focused external dispute resolution (EDR) organization. The broker’s approved membership status took effect on Monday following the approval by the Commission. The Financial Commission announced Fullerton’s approved broker member status on Tuesday in a …
Fullerton Markets Becomes Broker Member of FinCom Read More »
The German financial market supervisor, the Federal Financial Supervisory Authority (BaFin) clarified on Monday that deposit insurance protection in the mainstream financial industry does not cover losses with cryptocurrencies. “BaFin now points out that crypto-assets do not fall under the protection of deposit insurance and, as a rule, the protection of investor compensation does not …
BaFin Clarifies Crypto Investments Are Not Protected by Deposit Insurance Read More »
KuCoin released a survey detailing bitcoin and crypto adoption in India. 56% of surveyed investors believe bitcoin and crypto are the future of finance. India’s investor class is becoming increasingly younger with time. Cryptocurrency exchange KuCoin published a survey titled “Into The Cryptoverse” showcasing the rising bitcoin and cryptocurrency adoption in India, per a blog …
Over Half Of Indian Bitcoin, Crypto Investors Say It Is The Future Of Finance: Survey Read More »
Home » Business » India needs to recognize blockchain separately from digital currencies: ex-finance secretary Subhash Chandra Garg has continued to be a vocal proponent of the greater adoption of blockchain technology. The former finance secretary said it is about time India moves on from its strong opposition to digital assets and promotes more adoption …
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Cartier owner Richemont takes €2.7bn hit on sale of ecommerce unit Read More »
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Bavarian Nordic rushes to boost output of monkeypox vaccine Read More »