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Day: March 11, 2023

forex Breaking news
Breaking News

Silicon Valley Bank employees received bonuses hours before government takeover

Posted onMarch 11, 2023

The SVB employee bonuses were for work done in 2022 and had been in process days before the company’s collapse, sources said.

Market News

US Dollar Forecast: Inflation Data May Revive Rally but SVB Meltdown Poses Risks

Posted onMarch 11, 2023

The US dollar has given up all the gains induced by Powell’s hawkish comments due to a slump in yields following the SVB meltdown, but …

forex Breaking news
Breaking News

Etsy warns sellers of delay in processing payments due to Silicon Valley Bank collapse

Posted onMarch 11, 2023

One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business.

forex Breaking news
Breaking News

Investors implore the government to step in after Silicon Valley Bank failure

Posted onMarch 11, 2023

Voices from tech and finance are increasingly calling for the federal government to push another bank to take over the failed Silicon Valley Bank.

forex Breaking news
Breaking News

Two bond ETF strategies that may help investors profit from rate hikes

Posted onMarch 11, 2023

Uncertainty over how rate hikes will affect bonds is leading investors to trade short-term Treasurys, according to former J.P. Morgan ETF head Joanna Gallegos.

forex Breaking news
Breaking News

I just traveled to Argentina — and doubled my money with a ‘black market’ exchange rate

Posted onMarch 11, 2023

Hyperinflation has fueled the creation of multiple exchange rates in Argentina, where cash is king. There’s a legal way for tourists to get a preferential …

Forecasts

Australian Dollar Outlook: Inflation Takes a Back Seat as Risks Accelerate

Posted onMarch 11, 2023

The Australian Dollar folded like a cheap chair during the week after the RBA put down the hose that had been pointed toward red-hot inflation, …

Analyst Articles

Gold Price Forecast: XAU/USD Heads Toward $1880 After Strong Recovery

Posted onMarch 11, 2023

Gold prices surged for the second week after rebounding off the 100-week moving average now holding as support around $1,813. Can bulls drive XAU/USD to …

DailyFX

DXY, SP500 Slide as US Data Comes in Mixed | All Eyes on US Inflation Next Week

Posted onMarch 11, 2023

DXY, SP500 Slide as US Data Comes in Mixed. All Eyes on US Inflation Next Week. The Friday Market Oulook with Zain Vawda gives a …

Forecasts

GBP Fundamental Forecast: Sterling Struggles Ahead of Spring Statement, US CPI

Posted onMarch 11, 2023

The pound has been in a broad decline, apart from cable which has been dominated by the USD sell-off. Next week’s Spring Statement ought to …

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Recent Posts

  • JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
  • Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
  • Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
  • Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
  • Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Mar 07, 2023 when Wall Street traded near 32,870.10.
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