Is Russia Ready to Default on Its Debt?Economy

Is Russia Ready to Default on Its Debt?

Russia might be on the verge of defaulting on its foreign currency loans for the first time in decades, triggering…

Invasion of Ukraine Reverses 30 Years of Economic SuccessEconomy

Invasion of Ukraine Reverses 30 Years of Economic Success

According to economists, investors, and diplomats, Vladimir Putin’s unprovoked attack on Ukraine and the global response will put Russia’s economy…

USD/JPY Gets Brief PackedForex

USD/JPY Gets Brief Packed

USD/JPY rose on Friday. Short sellers were forced to close their positions; They also traded in US dollars, which led to a…

Central Bank Bars Forex Sales – New Sanctions and DollarForex

Central Bank Bars Forex Sales – New Sanctions and Dollar

The collapse of the Russian ruble: The nation is trying to fight economic sanctions by stopping the sale of most foreign…

Euro Was in a Stable Position Ahead of ECB’s MeetingForex

Euro Was in a Stable Position Ahead of ECB’s Meeting

The euro took a breather on Wednesday ahead of the European Central Bank’s (ECB) meeting, while commodity currencies eased from…

Ed Seykota – Trading Rules That Actually WorkForex Personas

Ed Seykota – Trading Rules That Actually Work

According to the criterion of performance, the most well-known of the financial market wizards is undoubtedly trader Ed Seykota. During…

Euro Bounces Back – Colossal Impact of SanctionsForex

Euro Bounces Back – Colossal Impact of Sanctions

The euro rose on Friday; After a sharp drop on Thursday after the Russian invasion of Ukraine. The dollar depreciated against…

Russia Can’t Use Crypto to Overcome SanctionsCryptocurrencies

Russia Can’t Use Crypto to Overcome Sanctions

Jake Chervinsky of the Blockchain Association says lawmakers should not be concerned about Russia using cryptocurrency to circumvent economic sanctions;…

FlatexDEGIRO Records a 60% Revenue Increase in FY2021Broker News

FlatexDEGIRO Records a 60% Revenue Increase in FY2021

Germany-based online broker, flatexDEGIRO (ETR: FTK) recently published its 2021 revenue on a surge in trading volumes, retail participation, and…

Bitcoin Reaches $41,000 and The Russian Ruble Is FlippedCryptocurrencies

Bitcoin Reaches $41,000 and The Russian Ruble Is Flipped

The Central Bank of Russia said on Feb. 1 that the country’s money supply was 65.3 trillion rubles, or $629…