Posts by TopFXBrokersReview
Market Insight for the Week Ending 31 March
Weekly Review A lot happened last week. Despite the recent banking turmoil, three central banks raised their benchmark interest rates last week as they continue to attempt to tackle elevated inflation. In fact, the month of March witnessed five central banks hike rates, including the US Federal Reserve recently increasing its Fed Funds rate by…
Read MoreSingularityNET (AGIX) Price Prediction – When will AGIX hit $1?
After going back up above $0.50, AGIX has given investors hope for a long-term bull run. Even though people in the SingularityNET community are feeling down, investors may want to buy the dip because less media attention is being paid to the project. After AGIX’s impressive 1000% growth, which put it in the top 100…
Read MoreForex Forecast & Forex Technical Outlook for 27 March 2023 to 31 March 2023
The Fed is especially concerned about service inflation, and Chair Jerome Powell recently stated that there had been no progress in that area when housing components were excluded. The core PCE price index, which the Fed pays more attention to, will also be closely watched, and any surprises could affect the chances of a rate…
Read MoreFP Markets Launches cTrader to Compliment Its Existing Market Leading Offering
22 March 2023: Leading Forex and CFDs Broker FP Markets Adds cTrader to its existing range of platforms which includes Metatrader 4 & 5 FP Markets has increased its suite of trading platforms in another move to meet the evolving needs of its traders and investors, providing its clients with a range of choices to…
Read MoreMarket Insight for the Week Ending 24 March
Weekly Review It has been a volatile week across the financial markets. Unless you have been hiding under a rock, you will recall that two US banking institutions recently collapsed: Silicon Valley Bank and Signature Bank, which sparked contagion fears. Also in the spotlight last week was Credit Suisse, falling to its knees and clocking…
Read MoreImmutable X (IMX) Price Prediction – When will IMX hit $10?
Despite NFT industry challenges, Immutable X’s IMX/USD price has recovered and is near its 2023 peak. In the current week, IMX price today is 60% higher, which is a significant recovery compared to other weeks. Immutable X is a popular layer-2 blockchain platform for gaming and NFTs, which is sensitive to industry swings. The massive…
Read MoreForex Forecast & Forex Technical Outlook for 20 March 2023 to 24 March 2023
The US financial sector remains weak, prompting market speculation that the Fed may not hike rates at its upcoming meeting. Besides the Fed’s attempts to reduce financial stress, inflation remains a concern. Thus, a rate increase with high projections is inevitable. Overall, the US dollar is likely to benefit from the decision. The Bank of…
Read MoreWhy did Silicon Valley Bank, Signature Bank & Silver Gate US Banks Fail: Fed Bailout Aftermath!
Three large US banks, Silvergate Bank, Signature Bank, and Silicon Valley Bank, recently failed in a startling turn of events, causing considerable alarm and fear in the financial markets. In response to the bankruptcy of these banks, the Federal Reserve has issued a bailout package to prevent further economic turbulence. The stock market was seen…
Read MoreHedera (HBAR) Price Prediction – When will HBAR hit $0.50?
Hedera network users and developers faced their first network downtime event on March 9th. Hedera joins Solana, which has had many network outages, including a recent one. Developers initially blamed smart contract inconsistencies for the network disruption, which prevented many customers from accessing services. After additional examination, Hedera’s smart contract service code was exploited by…
Read MoreForex Forecast & Forex Technical Outlook for 13 March 2023 to 17 March 2023
The financial markets sought comfort at the start of the week that January’s unexpectedly good performance was not an outlier. Besides Fed Chair Powell’s two-day testimony, the Bank of Canada (BoC) and Bank of Japan (BoJ) both held meetings. Neither institution stunned the markets with unanticipated actions or statements. A minor trend toward a more…
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