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Monthly Archives: October, 2023

GBP/USD Price Forecast: Pound Plunges Towards 1.20

The pound weakened against the USD after US Treasury yields rallied coupled with some hawkish Fed speak which will continue today. www.dailyfx.com

Singapore awards major payment institution license to Sygnum Bank subsidiary

Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.On...

Chainalysis Starts Second Round of Layoffs in a Year, Cuts 15% Workforce

"While Chainalysis continues to be well positioned for long-term success as a consistently top-performing software company, we are very focused on growing efficiently and,...

PM continues to stall on HS2 announcement

PM says he will not be "forced into a premature decision" amid reports he is going to scrap Manchester leg. www.bbc.co.uk

Gold’s Dwindling Momentum: A Dive into XAU/USD’s Protracted Decline

Gold’s value (XAU/USD) consistently extends its prevailing decline for the seventh consecutive day, plummeting to the $1,820 zone – a mark not seen since...

Asia FX struggles amid rising US dollar and Treasury yields By Investing.com

Investing.com  |  Editor Oliver Gray ...

How Much More Downside in Gold/Silver? XAU/USD, XAG/USD Price Setups

Gold, XAU/USD, Silver, XAG/USD - Outlook:Next support for gold: 1805, 1785, 1720.Bearish head and shoulders pattern triggers in silver.What is the outlook and the...

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to inspectors...

Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia: Chainalysis

Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East Asian region, which has mainly suffered...

Celsius seeks court approval to start repaying customers by year-end

Embattled crypto lender Celsius Network has told a judge it plans to start paying back its customers by year’s end, amid an Oct. 2...

Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official

JAKARTA : Indonesia's central bank kept a presence in the foreign exchange market to maintain a supply-demand balance and build...

Rep. Cuellar’s Vehicle Was Stolen After He Was Held at Gunpoint

The police recovered Rep. Henry Cuellar’s vehicle after it was stolen from the Navy Yard in Washington. The Texas Democrat was unharmed. www.nytimes.com

Taiwan central bank sold net $880 million to intervene in forex market in H1

TAIPEI :Taiwan's central bank said on Tuesday it sold a net $880 million to intervene in the forex market in the first half of...

Australian Dollar Holds Losses After RBA Stands Pat; AUD/USD Tests Key Support

Australian Dollar Vs US Dollar, New Zealand Dollar, RBA – Talking Points:AUD held early losses after the RBA kept interest rates on hold.AUD/USD looks...

Chainalysis axes another 15% of staff citing difficult market conditions

Blockchain analytics firm Chainalysis has reduced its headcount by another 15% this week, citing the need to reduce expenses due to continued bear market...

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