Forex News

European Stocks Edge Lower After ECB Meeting; Investors Waiting for US CPI Data European Market Update European stocks opened lower this morning following yesterday’s negative sentiment after the European Central Bank (ECB) meeting. The ECB announced that they would maintain their current interest rates and asset purchase program, disappointing some investors who were hoping for…

Daily Pivots: (S1) 0.9745; (P) 0.9781; (R1) 0.9839; More… USD/CHF’s Rebound and Intraday Bias USD/CHF has been experiencing a rebound from 0.9543, and this trend seems to be continuing after a brief consolidation. The intraday bias is now back on track… As we delve into the world of forex trading, it’s important to understand the…

Daily Pivots: EUR/USD Analysis Introduction Today’s daily pivots for EUR/USD are as follows: (S1) 1.0561; (P) 1.0668 (R1) 1.0724. Recent market movements have shown a breach of the 1.0626 minor support level, indicating a potential shift in the trend for this currency pair. Analysis The breach of the 1.0626 support level suggests that the rebound…

The Impact of Bitcoin’s Mild Decline Bitcoin was down 0.3% on Thursday, continuing to hover around $30K. This mild decline was a result of last month’s loss of correlation between the cryptocurrency market and traditional financial markets. While some investors may see this as a cause for concern, others view it as an opportunity to…

Let’s Talk About the Wild Ride of WTI’s Price in the Past Two Weeks What’s Been Happening? For the past two weeks, WTI’s price has been on a rollercoaster ride, with ups and downs that could make even the most seasoned investor’s head spin. The commodity seems to be enjoying some support from its fundamentals…

7 Hills Pharma LLC Secures New US Patent Claims June 09, 2022 (GLOBE NEWSWIRE) – Exciting News for 7 Hills Pharma LLC Big News in the Pharma World It’s always thrilling to hear about advancements in the pharmaceutical industry, and 7 Hills Pharma LLC (“7 Hills” or “7HP”) has just given us all something to…

ArrowMark Financial Corp Announces SEC Registration Denver, June 09, 2022 (GLOBE NEWSWIRE) – ArrowMark Financial Corp (Nasdaq: BANX) ArrowMark Financial Corp recently announced its SEC registration, marking a significant milestone for the company. As an SEC registered closed-end management investment company, ArrowMark Financial has demonstrated its commitment to transparency and regulatory compliance. This registration will…

Ponce Financial Group Announces Acquisition of Local Credit Union New York, June 09, 2022 (GLOBE NEWSWIRE) – Ponce Financial Group, Inc. (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank, announced today its acquisition of a local credit union, expanding its presence in the community. Enhancing Services for Customers This acquisition will allow Ponce…