Australian residents have been identified as the primary targets of a sophisticated network of cryptocurrency call-center scammers — suspected to be run by Israel-based crime bosses. Evidence uncovered after a full-scale raid of four Serbian call centers and 11 residences by Serbian, German, Bulgarian and Cypriot authorities found that Australians were among the top countries being
Month: February 2023
Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 61 cents, or 0.7%, to $82.82 per barrel by 0215 GMT. West Texas Intermediate crude futures (WTI) rose 63 cents, or 0.8%, to $76.02 a barrel.
The forex markets are generally quiet today, with most major pairs and crosses staying inside yesterday’s range for now. Dollar is staying in a pole position for the week, maintaining most of the gains. The greenback will look into today’s PCE inflation data for next move. Euro and Swiss Franc are both on the weaker
AUDUSD bounces off the 38.2% and back above 200 day MA In an earlier post on the AUDUSD (and in the video for the day), I spoke to the breaking of the 200 day MA and the next target at the 38.2% at 0.67798. Unfortunately for the sellers, the 38.2% stalled the fall. The low
This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here. “EUR View: Bullish I Skew: Bullish EUR should gain from positive global forces, a better-than-expected local
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery on Thursday posted a large loss and recorded about $11.1 billion in
Share: USD/JPY is on the backside of the prior bullish trend. The US Dollar remains in favour on hawkish data. The price is capped by the 135s so far and a move below 134.50 will be key for the week ahead. USD/JPY is trading offered in the afternoon on Wall Street and is down some
Sam Bankman-Fried and his co-conspirators made more than 300 illegal political donations in the United States, according to a new indictment against the FTX cryptocurrency exchange founder unsealed on Thursday in Manhattan federal court. The donations, totaling tens of millions of dollars, were unlawful because they were attributed to a “straw donor” or made using
Swiss Franc is trading broadly lower today while Yen and Aussie are also turning weaker. The theme for now is interesting will stay higher for longer due to resilience in major economies. Monetary policy in Japan and Swiss will be lagging behind. Dollar is staying generally firm and looks set to extend recent rally. Rising
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On the daily chart below, we can see that the price has fallen back to the bottom of the range that’s been going on for 3 months now. The market is divided between those that see demand outstripping supply with China reopening and supply disruptions from geopolitical conflicts, and those that see demand falling as
WSJ Report – China to Shake Up Financial System as Xi Jinping Installs Key Associates _____ Chinese leader Xi Jinping is preparing to shake up the leadership of the country’s financial system, installing key associates to run the central bank and reviving a Communist Party body to tighten political control over financial affairs, according to
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The U.K. has thus far avoided a widely anticipated recession, and the signs from the business world are that the economy may be holding up better than feared, according
Qantas CEO Alan Joyce says he expects the airline to see a full return to pre-Covid capacity in 2024. “We’re confident that we’ll get back … 100% of our pre-Covid international capacity, and well over 100% for our domestic capacity,” Joyce projected for financial year 2024. ″[There is] really strong demand in leisure, in business
Share: NZD/USD risks extra losses while below the 0.6285 level, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday that NZD ‘is under mild downward pressure and the bias is to the downside but a break of the major support at 0.6195
Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against Dapper Labs’s NBA Top Shots NFTs to play out. U.S. attorney Jake Chervinsky made the comment after federal judge Victor
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