The Instability in the Banking Industry The recent troubles facing crypto-friendly banks The banking industry is facing instability, and in the US, problems became clearly visible when three crypto-friendly banks ran into trouble earlier this month. These entities are the now well-known Silvergate Bank, Silicon Valley Bank, and Signature Bank. Signature has since been taken…
US Data Improve But Continue to Show Weakness The dollar ended the session sluggishly on Tuesday, despite key data points coming in better than expected, as the figures still pointed at persistent weakness Gold rose 0.90% but remains largely mixed, shy off the 2k handle. Chart: AUSUSD Key Factors for Today: Stronger-than-expected US data fail…
The US will work to prevent contagion in the banking sector and protect bank deposits Australia’s retail sales increased barely 0.2% in February Australia’s consumer inflation is expected to have decreased to 7.1% in February Today’s AUD/USD outlook is bullish. The Aussie gained as risk appetite improved amid calm in the banking sector. According to…
Welcome to the World of Finance Exciting News in the Financial World It’s been quite a rollercoaster ride in the financial markets lately. First Citizens BancShares has announced that they will be acquiring all of the deposits and loans of Silicon Valley Bank. This has caused quite a buzz among investors, who are eagerly anticipating…
Gold price (XAU/USD) eyes another battle with the $2,000 mark Introduction: The Gold price (XAU/USD) is currently on the rise, approaching the crucial $2,000 mark. This surge is fueled by the Federal Reserve (Fed) induced gains, coupled with the downward trend of US Treasury bond yields and the weakening US Dollar. Despite initial fears of…
The GBP/USD Pair Eyes 1.2300 Resistance in Asian Session Market Analysis and Insights The GBP/USD pair is currently looking to recapture the round-level resistance of 1.2300 in the Asian session. The Cable has recently rebounded after a vertical correction to near 1.2260, indicating a strong bullish sentiment in the market. This price movement comes as…
How to Use Order Flow To Trade Forex Like a Prop Firm Understanding Technical and Fundamental Analysis Traders analyze technical and fundamental factors to understand price action and forecast the direction in which price is likely to move. Technical analysis involves the use of indicators to try and comprehend market momentum. On the other hand,…
Attention Bioventus Inc. Investors: Don’t Miss the March 13th Deadline for Securities Class Action New York- March 11, 2023- Globe Newswire Reminder for Bioventus Inc. Investors Rosen Law Firm, a prominent global investor rights law firm, is issuing a crucial reminder to all investors who have purchased stock in Bioventus Inc. (NASDAQ: BVS). This reminder…
