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Monthly Archives: August, 2023

FTX Dubai Never Started Operations and Should be Dismissed From U.S. Bankruptcy, FTX Argues

The estate argues that any court orders while FTX Dubai was part of the proceedings should stand, but that the dismissal requested "is necessary"...

Forex Signals Brief August 2: BOE in Line to Raise Rates to 5.25%

Yesterday’s Market WrapThe major news yesterday was that Fitch, a credit rating agency, downgraded the United States’ credit rating from AAA to AA+. This...

BlockFi’s Chapter 11 plan progresses with conditional court approval

BlockFi’s reorganization is gradually progressing, with the company revealing that the United States Bankruptcy Court for the District of New Jersey has conditionally approved...

US Dollar Price Forecast: Investors Retreat to USD Sanctuary

The U.S. dollar is capitalizing on the risk aversion in global markets as investors seek out safe haven assets. DXY approaching key resistance levels. www.dailyfx.com

Hong Kong debuts retail crypto trading with HashKey exchange

Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.Local...

ETH Price Slippage Can Indicate Market Highs and Lows for Crypto Traders

The chart shows ether's USDT-denominated price and aggregated maximum slippage – the highest daily slippage on a single market order. The aggregated max slippage...

Future pandemic and extreme weather among key threats to UK

A new government register also warns of dangers posed by AI and disruption to energy supplies. www.bbc.co.uk

UK interest rates expected to rise for 14th time in a row

The Bank of England is widely expected to raise rates as it battles to slow soaring prices. www.bbc.co.uk

Russia news: Russia to avoid buying FX under budget rule this year

Russia will not use excess oil revenues to purchase foreign currency on the open market this year, as prescribed by its budget rule, the...

Australian Dollar Hurt by Dampened Risk Appetite; AUD/USD, AUD/CAD, AUD/SGD Price Setups

Australian Dollar Vs US Dollar, Canadian Dollar, Singapore Dollar – Price Setups:A double top risk in AUD/USD as risk appetite scales back for now.AUD/SGD...

Hashkey Exchange Can Now Serve Retail Clients in Hong Kong

"As an existing Type 1 and Type 7 licenses holder, HashKey Exchange successfully underwent a simplified process to obtain the licence upgrade ... to...

Help renters benefit from energy-saving grants, campaigners say

Tenants have less incentive to apply for help as they could be evicted at any time, campaigners say. www.bbc.co.uk

FOREX-Dollar advances as US economic resilience trumps fiscal uncertainty

By Rae WeeSINGAPORE, Aug 3 (Reuters) - The dollar hit a four-week top against its major peers on Thursday, shrugging off a U.S. credit...

Japanese Yen and Nikkei 225 Tank as US Dollar Re-Asserts Itself. New USD/JPY Highs?

Japanese Yen, USD/JPY, US Dollar, Fitch, Nikkei, BoJ, BoE, Crude Oil, WTI - Talking PointsJapanese Yen support wilted along with JGBs after US Dollar...

eToro Sued by Australia's Market Regulator for Leveraged Product

Social investing platform eToro's Australia entity (eToro Aus Capital Limited) has been sued by Australia's markets regulator. www.coindesk.com

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