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Monthly Archives: August, 2023

Euro Lifted Slightly by US Downgrade, but Will it Last? EUR/USD, EUR/AUD, EUR/NZD Price Action

Euro Vs US Dollar, Australian Dollar, New Zealand Dollar – Outlook:EUR/USD rose a bit after US rating downgrade.However, growth differentials remain in favour of...

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory. www.coindesk.com

FTX’s Bankman-Fried Has a Right to Defend His Reputation, Defense Tells Court

Bankman-Fried faces seven different charges, including securities and wire fraud allegations, for a trial currently scheduled to kick off in October. Another trial, set...

MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability...

FTX creditors unimpressed with exchange’s bankruptcy exit plan

A body representing FTX customers said it is “extremely disappointed” by the exchange’s draft bankruptcy exit plan and claims it was ignored by FTX’s...

Merck (MRK) Q2 earnings report 2023

Merck on Tuesday reported second-quarter revenue that topped expectations on strong sales of its blockbuster cancer drug Keytruda and HPV vaccine Gardasil.The pharmaceutical giant...

Forex Gold News: A Comprehensive Analysis and Forecast

Table of Contents Introduction Key Takeaway about Forex Gold News Facts about Forex Gold Analyzing Forex Gold News Gold Outlook in the Forex Market Frequently Asked Questions Introduction Forex Gold News refers...

Gold Price Takes a Tumble as US Dollar Gains Post Fitch Downgrade. Lower XAU/USD?

Gold, XAU/USD, US Dollar, DXY Index, Fitch, AA+, Treasury Yields, GVZ - Talking PointsThe gold price appears directionless despite moves in other marketsThe Fitch...

The Trump Jan. 6 Indictment, Annotated

The Justice Department unveiled an indictment on Tuesday charging former President Donald J. Trump with four...

U.S. Credit Rating Is Downgraded by Fitch

The long-term credit rating of the United States was downgraded on Tuesday by the Fitch Ratings agency, which said the nation’s high and growing...

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information

As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision,...

Glen Point’s Phillips Says US Wants to Criminalize FX Trades (1)

Glen Point Capital co-founder Neil Phillips urged a federal judge to throw out charges that he tried to manipulate the foreign exchange market, saying...

US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?

US Dollar, Dow Jones, Fitch US Credit Ratings Downgrade – Market Update:US Dollar, Dow Jones fall after Fitch lowers US credit ratingFiscal deficits, social...

How Jack Smith Quickly Brought Two Indictments Against Trump

Last fall, a largely unknown former prosecutor with a beard and a brisk gait flew unnoticed to Washington from The Hague after being summoned...

e.l.f Beauty (ELF) earnings Q1 2024

Tarang Amin (C), Chairman and CEO of cosmetics company e.l.f. Beauty Inc., rings the opening bell at the New York Stock Exchange (NYSE) to...

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