Canada’s beloved loonie has been giving the US dollar a run for its money in recent weeks as it continues to strengthen against its American counterpart. In a surprising twist, this comes as investors are cheering on the Federal Reserve’s signal that it’s about to take a breather in its tightening campaign. The Canadian dollar […]
The yen was on the rise on Monday as investors sought refuge from the turmoil in the banking sector. The trigger was UBS’ bargain-basement takeover of its troubled rival Credit Suisse, which wiped out billions of dollars of bondholders’ money. The deal, brokered by the Swiss authorities over a frantic weekend, valued Credit Suisse at […]
Bitcoin, the leading cryptocurrency, has been on a solid uptrend in the past week, reaching $28,500 and gaining nearly 30% in value. This impressive performance has also influenced the sentiment of investors and traders, who are becoming more optimistic and confident about the future of the digital asset. According to the Bitcoin Fear and Greed […]
The US dollar is like a rollercoaster these days, going up one minute and down the next. This week, it’s been tumbling down like a wild ride, slipping by about 0.8% to settle just below the 104.00 level on Friday. And, as always, there are some culprits behind this drop in value. The steep decline […]
Ethereum (ETH) investors are finally on the brink of accessing their staked ETH, thanks to the highly anticipated Shanghai upgrade. After months of anticipation, Ethereum’s core developers have announced the possible date for the upgrade, and it’s closer than you might think. Ethereum Improvement Proposal (EIP) 4895 Mark your calendars for April 12 at 10:27 […]
GBP/USD has continued to make its way up the charts as the US Dollar takes a tumble and market sentiment improves. We received some great news just as we were starting to feel pretty good about the situation: major US banks like CitiBank and JPMorgan have agreed to provide a whopping $30 billion aid package […]
Founded in 1986, Silvergate (SI) is a publicly-traded bank that was, for decades, just a small community bank in La Jolla, California. By the way, La Jolla is a popular place to buy a vacation home if you’re into things like drug and human trafficking. Because it’s close to Tijuana, La Jolla has been a […]
Imagine we are attempting to design a stock picking model that will outperform the market over the next ten years. After a great deal of forensic research and testing we finalise our approach. Although we couldn’t know this in advance, the system we devise is optimal – there is no better way of tackling the […]
Bank failures have been a recurring theme in the financial system for centuries. The recent collapse of Silicon Valley Bank, which started in early 2023, is the latest reminder of this. Bank failures can cause significant disruptions to the economy, and they can have far-reaching effects on businesses and individuals. We’ll take a look at […]
