Finance
196 postsKeep up to date with the most important financial news that is influencing Crypto, Stock, and Currency markets and predicting future prices.
Reshetnikov proposed the “Chinese model” for the ruble exchange rate
The head of the Ministry of Economic Development suggested a "Chinese wall" as a solution to the issue of the ruble exchange rate.
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by Peter Davis
The US dollar has formed a “golden cross” with great potential
On Monday, the dollar index reached levels higher than it had been at any point this year.
For the first time …
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by Peter Davis
US dollar: hedgers increased positions for growth by 69%
The Commodity Futures Trading Commission (CFTC) reported, for the week ending last Tuesday, that the Commitments of Traders (COT) reports showed.
The Russian Ministry of Finance warned speculators about new currency control measures
After the government declared new currency control measures, the ruble experienced a strengthening.
On Wednesday, the dollar exchange rate dropped 0.7%, settling at 96.15 rubles …
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by Peter Davis
Bitcoin fell below $27,000 due to the US Federal Reserve
The Federal Reserve's projections for its benchmark interest rate are putting pressure on Bitcoin.
The compensation date for Mt.Gox has been delayed by one year.
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by Peter Davis
Inflation in the US has risen sharply, exceeding forecasts
For the second consecutive month, the US experienced an increase in annual inflation, surpassing predictions.
In spite of this, core inflation is still decreasing.
The …
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by Peter Davis
Fraudsters have come up with a new scheme to deceive traders
Scammers have concocted a false narrative, claiming they can recover funds lost in the stock market.
In August, the new scheme began to be widely …
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by Peter Davis
Bi Weekly Market Review - Edition #6
For the period 16th - 31st Aug
Dear FOMOdrive community members,
Welcome to Edition #6 of our Bi-weekly Market Review covering market news from 16th …
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by Lisa Parker
The Ministry of Finance of the Russian Federation will increase the purchase of foreign currency by almost seven times
The Russian Federation's Ministry of Finance declared the sum that it will be utilizing to purchase foreign currency and gold in September.
The amount of …
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by Peter Davis
Nouriel Roubini warned about the collapse of the stock market
In 2023, Nouriel Roubini acknowledged that there could be a decline in the stock market during the latter half of the year.
Investors were warned …
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by Peter Davis
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