Breaking Down the GBPUSD Price Movement What’s Happening in the Forex Market Understanding the Current Dynamics The GBPUSD buyers are breaking the price of the pair higher, and in the process are extending above it at 200 hour moving average with momentum at 1.21844. That level will now be a risk level for buyers. Staying…
Bill Gross’ Economic Predictions: What to Expect The Retired Bond King’s Insights First Bill Ackman, now Bill Gross. The retired bond king has recently made some bold predictions about the state of the U.S. economy, and investors are taking note. Gross, known for his successful career in the world of fixed-income investments, has a reputation…
Market movers This week major US stock indexes experienced a significant decline, following Federal Reserve Chairman Jerome Powell’s speech regarding sticky inflation and the likelihood of an unchanged interest rate at the November meeting. Treasury yields have once again breached the 5% threshold, a level not seen since 2007. In the meanwhile, geopolitical tensions are…
Two By-Elections in Japan: A Tale of Unexpected Results The By-Elections There were two by-elections in Japan on Sunday: one for a lower house seat and one for an upper house seat. The ruling Liberal Democratic Party (LDP) won the lower house (House of Representatives) seat but lost in the House of Councillors poll, which…
The People’s Bank of China Reference Rate and its Impact on Forex Trading Introduction The People’s Bank of China (PBOC) plays a crucial role in setting the reference rate for the onshore yuan (CNY) ahead of each trading session. This rate serves as a benchmark for traders and investors, guiding the movement of the USD/CNY…
New Revelations about Anthony Pratt’s Comments on Trump Post-Presidency Introduction New court documents reviewed by the New York Times have revealed shocking details about Anthony Pratt, Donald Trump’s Australian friend. Pratt reportedly shared insider information about life at Mar-a-Lago post-presidency, including his true feelings about Trump. Pratt’s Betrayal According to the documents, Pratt disclosed confidential…
Investor Webcast to be held Sunday, October 22 at 12:30 p.m. Eastern Time REDWOOD CITY, Calif., Oct. 22, 2023 (GLOBE NEWSWIRE) Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targeted therapies for RAS-addicted cancers, today announced promising anti-tumor and safety data for RMC-6236, its RASMULTI(ON) Inhibitor, in patients with previously treated non-small cell…
Welcome to Palenque! A Meeting of Minds: Tackling the Migrant Crisis Picture this: a beautiful city in the heart of Chiapas, a vibrant meeting place for leaders from across Latin America and the Caribbean. Here, under the swaying palms and the warm sun, the fate of countless migrants hangs in the balance. Mexican President Andrés…
