Forex Trading

The share prices for Marqeta have moved downwards after an announcement about the CEO of the company. The officials at Marqeta have confirmed that Jason Gardner will no longer be the chief executive officer at the payment processing company. Marqeta Shares Dipped 24% It was recently announced that Jason Gardner, the co-founder of Marqeta who … Read more

Peloton Interactive Inc. has made sad news for its employees as it has announced it is cutting down on jobs. Peloton Cuts Jobs and Raises Prices Peloton has announced that it is closing down stores, which would result in laying off employees. As a result, Peloton will be cutting down more jobs. Peloton had already … Read more

Vlad Tenev, the CEO at Robinhood has made an announcement in regards to laying off its employees. Robinhood to Lay Off 23% of its Workforce It seems that while the cryptocurrency industry has experienced a slight uptrend, Robinhood still finding it difficult to make it over the hot waters. The company has been trying to … Read more

The Tuesday trading session has reportedly brought in mixed results from the Asian-Pacific market. It is the latest jobs data shared by the United States that has led the non-US markets to suffer from dips. The markets are still trying to digest the employment data that came out on Thursday. Although the US markets have … Read more

It has been a long time since Tesla fans have been faced with a test of their loyalty, and it is because of the ‘Cybertruck’. The long-awaited Cybertruck is still on the minds of many EV enthusiasts, as they have been wanting to get their hands on it. Unfortunately, Elon Musk keeps dropping one bad … Read more

The Japanese yen was on course for its biggest series of gains since March 2020 when the coronavirus pandemic had hit its peak. This was due to a boost in the appeal of safe-haven assets, as worries about a global economic slowdown intensified and China-US tensions surged over Taiwan. Dollar and yen There was a … Read more

On Monday, the US dollar declined against the Japanese yen to its lowest level seen in almost six weeks, as investors raised bets that the US economy would slide into a recession with the aggressive interest rate hikes of the Federal Reserve. Interest rates to peak The traditional measures of recession like the yield curve … Read more

On Friday, the Russian ruble fell to a low of three weeks in Moscow trading against the US dollar and the euro. The currency was on a continuous weakening trend because the market was anticipating the measures that could curb the recent strength of the Russian currency. Ruble declines There was a 1.6% decline in … Read more

On Thursday, there was a rise in bearish bets on the Thai baht because of risks around the Chinese economy, a possible recession, and inflation. Meanwhile, there was a slight easing in short bets placed on most Asian currencies, but they still remained close to their highs of several months. Short bets rise The short … Read more

On Thursday, the Russian Ruble reversed gains to decline to lows of two weeks in a volatile trading session, as the favorable tax period came to an end. There are also expectations that there may be some intervention by the government to put a stop to the recent strengthening of the currency. Pressure on the … Read more