FX Industry
Tesla Reported Record Quarterly Earnings Despite Global Supply Chain Meltdown
While construction of its new Texas factory is underway, Tesla’s car sales are set to overtake last year’s figures. Tesla said on October 20 that amid a shortage of computer...
Read moreChina Evergrande Secures Bond Extension As Turmoil In The Property Sector Worsens
On Thursday, financial provider REDD reported that China Evergrande Group (3333.HK) has secured more time to pay a defaulted bond, offering rare respite to the developer even as a debt...
Read moreSaxo Bank Slashes Minimum Deposit Threshold For More Access To Users
The top European online investment bank, Saxo Bank, has automated its MetaTrader 4 (MT4) onboarding process. The company also announced that it has reduced its minimum deposit threshold from £15,000...
Read moreCME Group Hits All-Time High On Its Sofr Futures Volumes In October
Top derivatives exchange CME Group has hit a record SOFT futures volume for October. According to the firm, the SOFT futures contract traded on October 18, 2021, was 396,421, which...
Read moreEURJPY Price: Will There Be Enough Bullish Pressure to Break Up $133 Level?
EURJPY Price Analysis – October 22 Further increase in the bulls’ pressure will increase the price to $133 level in which if it is broken may extend to $134 and...
Read moreGBPUSD Price Breaks Up $1.37 Level, Targeting $1.38
GBPUSD Price Analysis – October 21 Further increase in the bulls’ pressure may push up the price and this may penetrate the resistance level of $1.38 to expose $1.39 and...
Read moreTexas Man Indicted For $3.9 Million Fraudulent Crypto And Forex Scheme
The Commodities and Futures Commission has charged a Texas man for operating a fraudulent investment scheme. The accused, Abner Alejandro Tinoco, and his alleged fraudulent firm Kikit & Mess Investment...
Read moreInflation Surges Affecting Unilever Margins Significantly
With investors focused on whether the consumer goods giant will cut its profit margin forecast for the second time this year, on October 21, Unilever's (ULVR.L) battle with rising costs...
Read moreFacebook Fined £50.5M For Breaching Order In Giphy Takeover Investigation
The social media company ‘deliberately’ refused to supply information showing that it had complied with the order to separate businesses, according to the CMA. For breaching an order imposed by...
Read moreUSDJPY Price May Bounce Off $114 Resistance Level
USDJPY Price Analysis – October 20 Should the bulls penetrate the resistance level of $114, it may increase to $115 and $116 levels. The price may reverse and trend down...
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