Hindenburg shorts Jack Dorsey’s payments firm Block
According to a statement made by Hindenburg Research on Thursday, the Jack Dorsey-led payments company misrepresented its user counts while…
US Market
Read More
AUD/USD drops to over one-week low, below mid-0.6600s amid broad-based USD strength
In the vicinity of the 0.6755–0.6760 range, which corresponds with a theoretically significant 200-day Simple Moving Average, the AUD/USD pair…
USD/CNH: Sellers should meet strong support around 6.8000 – UOB
For the time being, the USD/further CNH’s downward bias should run into strong resistance near 6.8000. Important Quotations Day and…
For 20% gains, should you be a Dogecoin buyer at this level?
From October 2022, Dogecoin’s price has continuously decreased. Now that this downtrend has sufficiently tightened, DOGE may be considering a…
Shares of Jack Dorsey’s Block Fall on Short-Seller Report
As a short seller questioned the business’s user statistics and said it was using predatory techniques, shares of the payments…
USD/TRY: Hold decision by CBT had no noticeable impact – Commerzbank
According to economists at Commerzbank, the FX market was unimpressed by the Turkish central bank’s (CBT) possible surprise in the…
USD/JPY remains heavily offered near 130.00 mark, its lowest level since February 10
The USD/JPY pair drifts lower for a third straight day on Friday, extending this week’s rejection decline from the 133.00…
EUR/USD drops below 1.0800 after Germany and EU PMIs
In the early hours of Friday AM Europe, EUR/USD lost momentum and fell under 1.0800. The Composite PMI nudged up…
GBP/USD: A test of 1.2400 appears not favoured near term – UOB
Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group say that a potential move to the…
Jack Dorsey’s wealth tumbles $526 million after Hindenburg short
Jack Dorsey, a co-founder of Block Inc., saw his net worth plummet as a result of the most recent analysis…