Author: FX

Blockchain institutional capital marketplace Maple Finance has secured an exemption from the United States Securities and Exchange Commission to offer its one-month U.S. Treasury yields to accredited investors in the United States. Before the Aug. 9 announcement, the Maple Finance Treasury pools were only available to accredited investors outside the United States. Through the SEC Regulation D Rule 506(c) Exemption, a firm may offer investment products, without prior registration, to individual investors in the U.S. with a net worth exceeding $1 million, excluding the value of their primary residence, or with an annual income exceeding $200,000 per year ($300,000 if…

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GBP/USD Price and AnalysisGBP/USD held above 1.27 on Wednesday, having regained itThe Sterling market reckon rates will rise further, but maybe not much furtherThe sparse UK data calendar gets a lot more crowded into next week Recommended by David Cottle How to Trade GBP/USD The British Pound faces a lack of domestic drivers mid-week and trades broadly flat against the United States Dollar as Wednesday’s European session winds down. The markets are understandably focused on Thursday’s inflation numbers out of the world’s largest economy, leaving Sterling largely at the mercy of developments in EUR/USD.This month’s Bank of England interest-rate decision…

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Closing changes:Stoxx 600 +0.4%German DAX +0.5%UK FTSE 100 +0.8%French CAC +0.8%Italy MIB +1.3%Spain IBEX +0.5%There was a strong opening gap higher in the DAX but it faded in US trade and we ended up closing in the gap.DAX intradayItalian stocks rebounded slowly after the government scaled back a plan to put windfall taxes on banks. Source link

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On Friday, we’ll get a sneak peek at one of the earliest consumer and inflation indicators closely watched by the Fed! What are markets expecting and how may USD react? Read on for the major points you need to know if you’re planning on trading the release: Event in Focus: University of Michigan Preliminary Consumer Sentiment for August 2023 When Will it Be Released: August 11, 2023 (Friday), 2:00 pm GMT Use our Forex Market Hours tool to convert GMT to your local time zone. Expectations: UoM Consumer Sentiment Index to dip from 71.6 to 71.3 UoM 1-Year Inflation Expectations…

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Share: Dow Jones flat on Wednesday as S&P 500, NASDAQ Composite sink. DJIA looks to be rotating lower on the daily chart with 34,257 a possible target for support. Disney will report FQ3 earnings after the close on Wednesday. Inflation data from CPI, PPI arrive on Thursday and Friday.   The Dow Jones Industrial Average (DJIA) opened flat on Wednesday, performing much better than both the S&P 500 and the NASDAQ Composite. That latter two both traded lower at the open, especially the growth-heavy NASDAQ. The DJIA index reversed course on Tuesday (-0.45%) following Monday’s 1.16% gain. The broad…

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Euro (EUR/USD, EUR/JPY, EUR/AUD) AnalysisEuropean markets rebound positively to Italian bank tax clarityEUR/USD attempts to claw back yesterday’s lossesEUR/JPY gears up for retest of yearly high on improved Euro sentimentEUR/AUD to retest yearly high after yesterday’s drop?The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free EUR Forecast European Markets Respond Positively to Italian Bank Tax ClarityEuropean assets began trading on the front foot this morning after the announcement of a surprising Italian bank tax sent markets lower yesterday.…

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It can be said that forex trading is one of the most challenging markets to master. Like any wild beast that’s awake 24 hours a day, it can be a wee bit irrational and cranky. And with the slightest agitation, that beast can unpredictably go from docile to volatile and back again in an instant. Given how major economic updates have been rocking risk sentiment lately, it looks like the increasing uncertainty might only make financial markets much more volatile. What can you do to prevent uncertainty from crippling you with fear? In my experience, battling uncertainty and getting past my fears requires two…

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© Reuters. CEVA earnings missed by $0.32, revenue fell short of estimates Investing.com – CEVA (NASDAQ: ) reported second quarter EPS of $-0.25, $0.32 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $26.17M versus the consensus estimate of $30.91M. CEVA’s stock price closed at $25.11. It is up 19.69% in the last 3 months and down -25.33% in the last 12 months. CEVA saw 0 positive EPS revisions and 6 negative EPS revisions in the last 90 days. See CEVA’s stock price’s past reactions to earnings here. According to InvestingPro, CEVA’s Financial Health score…

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