Stays below 0.8600 despite an upbeat mood and a weaker GBP

Stays below 0.8600 despite an upbeat mood and a weaker GBP

The shared currency finished the week with decent gains of 0.21%. Sentiment remains optimistic, despite recession fears threatening. EUR/GBP Price Analysis: Remains upwards but struggling at 0.8600…

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Coinbase Downgraded by Moody’s Due To ‘Substantially Weaker Revenue’

Coinbase Downgraded by Moody’s Due To ‘Substantially Weaker Revenue’

America’s largest crypto exchange Coinbase came under pressure as credit ratings agency Moody’s downgraded the company’s Corporate Family Rating (CFR) to Ba3 from Ba2 and its guaranteed…

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USD/JPY tumbles under 135.00 after weaker than expected US data

USD/JPY tumbles under 135.00 after weaker than expected US data

USD/JPY drops almost two hundred pips on Thursday. US S&P Global PMI falls to monthly lows US yields collapse as recession fears increase. The USD/JPY dropped further…

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USD/CHF down 250 pips amid SNB rate hike and weaker USD

USD/CHF down 250 pips amid SNB rate hike and weaker USD

Swiss franc among top performers after SNB surprise rate hike. USD/CHF extends slide amid risk aversion and a weaker dollar. EUR/CHF heads for the lowest close in…

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Italian bonds and bank stocks rally as ECB signals help for weaker economies

Italian bonds and bank stocks rally as ECB signals help for weaker economies

European bank stocks and Italian government bonds rallied as the European Central Bank signalled readiness to try to safeguard weaker nations in the bloc from rising debt…

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