The euro dropped to a two-month low on Friday amid rising doubts about the European Central Bank’s (ECB) ability to raise interest rates in the near future. The ECB is facing growing pressure from slowing growth and rising inflation in the eurozone, which could force it to pause or even reverse its monetary tightening cycle. […]
In a move that has taken both experts and markets by surprise, Turkey’s central bank has announced a substantial increase in its key interest rate, raising it by an impressive 7.5% to reach the new level of 25%. This unexpected decision has led to a remarkable resurgence of the Turkish lira, signaling a renewed commitment […]
In a relentless spree of cyber heists, North Korean hackers have pilfered more than $2 billion in cryptocurrencies over the last five years, a recent TRM Labs report reveals. This staggering sum, while slightly lower than previous estimates, underscores the persistent threat posed by North Korea’s cryptocurrency-focused attacks. The year 2023 sees North Korea maintaining […]
Market Analysis: August 23rd FTSE 100 sees sellers step out as buyers approach. The price is witnessing sellers step out of the race. This, therefore, is allowing buyers to make their way back into the market. The Bulls are showcasing their strength as they aim to reenter the game. Technically, the key level of 7226.10 […]
Market Analysis – August 22 US 30 faces downward pressure, and buyers are struggling to maintain their strength against it. Sellers have made their presence felt, leading to a breakdown below the key zone at 35001.80 last week. The bearish action was confirmed by the Moving Average crossover of the 9-day and 21-day periods. The […]
The Indian rupee showcased its most remarkable single-day surge in over two months today, confounding market observers and eliciting a wave of interest. The driving forces behind this surge are attributed to a substantial influx of dollars into the equity markets and strategic sales of the greenback orchestrated by state-run banks. Indian Rupee Jumps to […]
Market Analysis – August 21 GBPUSD requires additional buying force to advance. Buyers’ pressure from last week has diminished, as the bulls have lost momentum to drive the price higher. This decline could be interpreted as a sign of exhaustion or a potential reversal in market sentiment. The bears have maintained their hold for an […]
Market Analysis – August 21 Nasdaq 100 buyers show resilience at the 14541.30 key level. The buyers are demonstrating resilience at the 14541.30 market level after a prolonged bearish period. This week, the market opened with a bullish candlestick, indicating the potential for a shift in momentum. The buyers are aiming to regain control of […]
The advent of Ethereum blockchain technology is giving rise to a transformative solution for the age-old problem of stolen artifacts held within museums. Pioneering researchers are crafting an Ethereum-based blockchain tool named Salsal, aimed at revolutionizing the organization and oversight of valuable historical collections within museums and cultural institutions. Decolonizing Museums Through Blockchain Mark Altaweel, […]
