Forex News

Market Turmoil: Sterling Suffers a Setback A Sudden Drop in Value Today has not been kind to the British pound. Sterling, also known as Cable in the foreign exchange market, plummeted to its lowest level since March 2020, reaching 1.2064. This sharp decline is causing concern among investors and economists alike, as the currency is…

Welcome to the Quirky World of Sotherly Hotels Inc. A Closer Look at the Recent Announcement Picture this: you’re strolling down the historic streets of Williamsburg, Virginia, soaking in the old-world charm and colonial architecture. As you pass by quaint shops and bustling cafes, you come across a rather intriguing news headline flashing on a…

Welcome to the Future of Waste Management A New Era for Rubicon Technologies, LLC It was announced today that Rubicon Technologies, LLC, a pioneer in digital waste management solutions, is set to revolutionize the industry with its cutting-edge technology and innovative approach. Founded with a vision to transform the way waste is managed and processed,…

Prepare for Higher Interest Rates: What You Need to Know RBA Governor Philip Lowe’s Warning In a recent interview, Reserve Bank of Australia Governor Philip Lowe sent a clear message to Australians: prepare for higher interest rates. Lowe expressed his concerns about the current economic landscape, noting that inflation is expected to rise significantly in…

The Acquisition of Celsius’ Collateralized Loan Receivables Introduction Recently, a firm announced its decision to acquire all or part of Celsius’ outstanding collateralized loan receivables. This move is expected to have a significant impact on both the company making the acquisition and Celsius. In this blog post, we will delve into the details of this…

The Imminent Economic Crash: Brace Yourself Introduction As the famous line from The Big Short movie suggests, “it all came crashing down.” This ominous warning seems more relevant than ever as the global economy teeters on the brink of a major crisis. Experts have been sounding the alarm bells since the beginning of the year,…

Daily Market Analysis USD/CAD Continues to Rise The USD/CAD pair has been steadily climbing, with daily pivots indicating a bullish trend. The support levels are at 1.2818, the pivot point at 1.2859, and the resistance levels at 1.2940. This upward movement comes after a rise from 1.2516 and the intraday bias is expected to remain…

I’ve got a pound special for y’all today! Range and Retracement Plays for GBP By: Forex Pro Whether you’re bullish or bearish on GBP, you might wanna keep these range and retracement plays on your radar. The British pound has been making some significant moves in the forex market lately, and there are plenty of…