USD/CAD Trades Sideways
The decline of the USD/CAD appears to have ended, as the rate has been trading sideways in a set range since the middle of Thursday’s trading hours. Namely, the pair is trading between the support of the 1.2765 level and...
GBP/JPY Breaks Pattern And Books New High
The Bank of England unexpectedly hiked interest rates on Thursday at 12:00 GMT. However, prior to the hike and surge that was caused by it, the rate broke the upper trend line of the channel down pattern, which has guided...
AUD/USD Declines From New High
On Thursday, the AUD/USD currency pair booked a new December high level at 0.7224. The rate bounced off this level and started a decline. By the start of Friday’s European trading hours, the rate had reached the 0.7160 level. During...
Payments start-up Checkout.com poaches Meta crypto exec to lead product strategy
Checkout.com has hired Meta executive Meron Colbeci as its new chief product officer. Checkout.com LONDON — Checkout.com, a $15 billion payments start-up based in Britain, has hired Meta executive Meron Colbeci as its chief product officer. Colbeci joined Meta, the...
Gold Back above 1800, EUR/USD Still Ranging in Mixed Markets
Overall markets are rather mixed so far, as guided by the volatile risk sentiment. There is no clear follow through moves in the markets. Sterling is the strongest one for the week so far, after the surprised BoE rate hike....
Biden signs debt ceiling increase, preventing first-ever U.S. default
U.S. President Joe Biden speaks prior to signing an executive order intended to reduce bureaucracy around government services for the public, in the Oval Office at the White House in Washington, U.S., December 13, 2021. Evelyn Hockstein | Reuters President...
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