Forex Top Team

Quiet Start to the Week, NY and Canadian Markets Closed Later

This week begins with a quiet start. The US inflation indicators released last week showed a temporary easing, indicating a slight relief in persistent inflationary pressures. However, the overall trend of decreasing inflation rates seems to have been maintained. In the forex market, there was a predominant buying of the dollar in response to better-than-expected […]

Bitcoin Near Highest Level Since March 2022, SEC Approves ETFs

Bitcoin, the cryptocurrency, has been trading near its highest level since March 2022 in the trading on the 11th. On the 10th, the U.S. Securities and Exchange Commission (SEC) announced the approval of 11 exchange-traded funds (ETFs) linked to Bitcoin’s underlying assets. This marks the first approval of Bitcoin physical ETFs in the United States. […]

Bitcoin’s Rally Pauses as U.S. Authorities Expected to Approve Physical ETFs

Cryptocurrency Bitcoin, after briefly surging to $47,000 in trading on the evening of the 8th, has seen its rally stall. The U.S. Securities and Exchange Commission (SEC) is believed to be leaning towards approving the first-ever Bitcoin physically-backed exchange-traded fund (ETF). As of 8:56 AM Singapore time on the 9th (9:56 AM Japan time), Bitcoin […]