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Written by

Ezekiel Chew

Updated on

October 16, 2024

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CBHandLife Scam Alert: Fraudulent Broker Preying on Unsuspecting Investors

CBHandLife Review CBHandLife is a fake platform that falsely advertises itself as a reliable service. It is clear right away that it is a scam. Users say they lost their money after being tricked into depositing it with no way to get it back and no answer from customer service. There isn’t any reliable information […]

FourPro Market Danger: The Broker with a Web of Deceit

FourPro Market Review FourPro Market , an online broker offering trading services for forex, stocks, and cryptocurrencies, has drawn both novice and experienced traders with promises of easy-to-use platforms and substantial returns. Yet, growing concerns about its legitimacy have surfaced, with users reporting difficulties withdrawing funds and receiving inadequate customer service. Investigations suggest that FourPro […]

Amgen Stock Closes 2.29% Higher on Friday

Amgen Inc. (AMGN) shares closed 2.29% higher on Friday, outperforming broader market indices as investors turned bullish on healthcare stocks. The rally comes amid growing optimism around biotechnology and pharmaceutical sectors, which have gained renewed interest due to recent advancements in drug development and favorable regulatory conditions. Amgen’s strong performance on Friday is seen as […]

Bitcoin Rises 4% Amid Long Liquidations, and Short-Term Holders Realized Share

Bitcoin surged by 4% on Monday, driven by a wave of long liquidations and increased activity from short-term holders. The cryptocurrency’s rise comes as liquidations forced traders to unwind their leveraged positions, adding fuel to the price movement and catching the attention of market participants. The price spike follows a period of market consolidation, during […]

PBOC Sets USD/CNY Reference Rate At 7.0742 Vs. 7.0568 Previous

The People’s Bank of China (PBOC), which is China’s central bank, set the yuan’s reference rate at 7.0742 per U.S. dollar on Thursday. This is a little higher than the previous rate of 7.0568. This move shows that the government is being careful about how it handles the currency in a time of global economic […]

AUD/USD Remains on the Defensive Around 0.6700, Eyes on US CPI Inflation Data

As markets get ready for the next U.S. Consumer Price Index (CPI) report, the AUD/USD pair is still under a lot of pressure and is trading carefully around the 0.6700 mark. Investors are being cautious, and the pair isn’t moving much before the Federal Reserve releases important inflation figures that could affect its next policy […]

USD/CAD Posts Modest Gains Above 1.3700 Ahead of US CPI Data

Small gains are being made in the USD/CAD pair as it rises above the 1.3700 mark. Investors are waiting for the U.S. Consumer Price Index (CPI) data to come out. The steady rise of the pair shows that the market is becoming more cautious ahead of inflation numbers that could have a big effect on […]

Bitcoin to Hit $80,000 as US Approves Bitfinex’s Recovery of Hacked Funds

Analysts at Bitwise say that Bitcoin could be on track to hit $80,000, and they are still optimistic about the future of the cryptocurrency. The good news is that the U.S. government has given Bitfinex permission to get back a lot of the money that was lost in a well-known hack in 2016. A better […]

USD/JPY Surges Above 149.00 as Rising U.S. Yields Boost Demand

The USD/JPY pair surged past 149.00 on Wednesday, reaching its highest level since mid-August, driven by a sharp rise in U.S. Treasury yields and dovish signals from incoming Japanese Prime Minister Shigeru Ishiba. The pair traded around 149.31, as investors reacted to elevated U.S. yields, which have a close positive correlation with the USD/JPY. U.S. […]

Bitcoin, Ethereum, XRP Steady Amid Potential Supply Overhang from Bitfinex and US

The prices of the big cryptocurrencies, like Bitcoin, Ethereum, and XRP, are staying the same. This is because the market is getting ready for a possible supply overhang. People are worried because the U.S. government recently gave Bitfinex permission to get back a lot of Bitcoin that was lost in the 2016 hack. This has […]

Westfield Unveiled: A Scam Draining Investor Accounts

Westfield Review Westfield broker is yet another fraudulent enterprise that takes advantage of investors who are under the impression that they will receive high returns. Despite the fact that it presents itself as a trustworthy trading platform, users have reported considerable difficulties in withdrawing their monies. They frequently experience frozen accounts and customer service is […]

USD/JPY Climbs Above 147.00 as Geopolitical Tensions Boost Dollar Demand

The USD/JPY rose above the 147.00 mark on Thursday, reaching its highest level since September. At the time of writing, the pair is trading at 146.92, up 0.31% for the day. Investors are flocking to safe-haven assets amid growing tensions in the Middle East, which has strengthened demand for the U.S. dollar. The latest escalation […]

Fed’s Paper Losses Surpass $200 Billion Amid High Interest Expenses

The U.S. Federal Reserve’s losses have crossed the $200 billion mark, as revealed by the central bank’s latest data released on Thursday. As of Wednesday, the Fed’s “earnings remittance” to the Treasury Department stood at a negative $201.2 billion, highlighting the financial challenges of its aggressive monetary tightening cycle over the past two years. The […]

US Dollar Rises Ahead of Jobs Report as Dudley Comments Dampen Rate Cut Expectations

The US Dollar is rallying ahead of Friday’s Nonfarm Payrolls (NFP) report, driven by comments from former Federal Reserve official William Dudley and remarks from Japan’s newly appointed Prime Minister Shigeru Ishiba. The dollar advanced across markets on Thursday, with heightened safe-haven flows amid ongoing tensions in Lebanon further underpinning the Greenback. Former New York […]

Oil Prices Rise Amid Middle East Turmoil, But Global Supply Keeps Market in Check

Oil prices saw a modest increase on Thursday as escalating conflict in the Middle East sparked fears of potential supply disruptions, though gains were tempered by signs of abundant global supply and rising U.S. crude inventories. Brent crude futures rose by 0.87% to $74.54 a barrel, while U.S. West Texas Intermediate (WTI) crude advanced 1.03% […]

GBP/USD Falls Below 1.3300 as Middle East Tensions Boost Safe-Haven Dollar

The GBP/USD pair weakened to 1.3265 in early Asian trading on Thursday, pressured by renewed demand for the US dollar amid intensifying geopolitical tensions. A surge in safe-haven flows to the dollar followed reports that Iran fired over 180 missiles at Israel on Tuesday—its largest-ever direct attack—escalating concerns of a broader conflict. Israel and the […]

EUR/USD Slides Further as Fed Signals Moderate Path Amid Geopolitical Jitters

The EUR/USD pair extended its losses on Wednesday, pressured by a resurgent US dollar amid diminishing hopes for an aggressive rate cut from the Federal Reserve and escalating geopolitical tensions in the Middle East. The Greenback’s broad rebound left the Euro struggling, with investors growing cautious about the uncertain landscape both in global monetary policy […]

EUR/USD Slips Amid Geopolitical Tensions and Weak Economic Data, Finds Support Near 1.1050

The EUR/USD pair slid 0.6% on Tuesday, hitting its lowest point in nearly a month as investors flocked to the U.S. Dollar for safety amid mounting geopolitical tensions and disappointing economic indicators. After touching 1.1050, the Euro found minor support but remains under pressure, reflecting a broader loss of momentum. The sell-off comes as geopolitical […]

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