Singapore-based Cryptocurrency Exchange Suspends Withdrawals, Leaving Users in Limbo What Happened? Zipmex, a popular cryptocurrency exchange based in Singapore, sent shockwaves through the crypto community on Wednesday when it announced the suspension of all withdrawals from its platform. Citing a “combination of circumstances” that were supposedly beyond its control, the exchange pointed to volatile market…
The Impact of Euro Area Current Account Deficit Widening Introduction Prior to the recent data release, the euro area current account deficit was estimated at €5.76 billion. However, the revised figures now show a larger deficit of €3.9 billion for the region. In May, the non-seasonally adjusted reading indicated a widening current account deficit of…
Riding the Emotional Rollercoaster: EUR/USD Surges as DXY Takes a Dive, Setting Sights on 1.020 The DXY’s drop forced the USD to depreciate As the DXY takes a dive, traders and investors are experiencing a surge of emotions as the EUR/USD pair sees significant movement. The depreciation of the USD has led to a rise…
Free Forex Scalping EA Review Introduction Free Forex Scalping EA is a free-to-download automatic MT4 Scalping EA. The adviser is made to employ a scalping method, which is utilized to spot the top short-term trading chances in both rising and declining currency markets. It trades at a predefined time that you may modify in the…
Why Forex Traders and Professional Chefs Are More Similar Than You Think Creative Thinking and Adaptability As much as we like watching them in popular cooking shows, professional chefs can offer more than our daily entertainment. Here are four ways forex traders are like our kitchen-dwelling friends… 1. High Pressure Environments Both forex traders and…
Charmingly eccentric, full of personality, and designed for maximum reader engagement Daily Pivots: (S1) 0.9807; (P) 0.9846; (R1) 0.9884; More… EUR/CHF is losing some downside momentum as seen in 4-hour MACD. But further decline is still possible. As we delve into the world of forex trading and market analysis, we encounter daily pivots that serve…
Sovos Brands, Inc. – A Growing Force in the Food Industry Introduction On July 13, 2022, Sovos Brands, Inc. made headlines as the fastest-growing food company in the industry. Based in Louisville, Colo., Sovos Brands has been making waves with their innovative products and profit-focused approach. With a team of professionals dedicated to excellence, Sovos…
The Impact of Bitcoin’s Price Correction on Network Activity Bitcoin Network Activity Hits Multi-Year Lows Similar to its price correction, the Bitcoin (BTC) network activity is hitting multi-year lows amid the latest crypto winter. According to Glassnode’s latest data analysis, the number of active addresses on the Bitcoin network has dropped significantly in recent months….
