FX.co ★ Forex Humor. A look at the Forex market with Humor
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Europe’s blockchain initiative aims to reduce reliance on US payment systems
The global expansion of stablecoins is evolving into a tool of stringent monetary control by the White House. According to Federal Reserve Board Governor Christopher Waller, the widespread adoption...
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Strait of Hormuz blockade fuels historic shortfall and lifts US oil shipments
A three-month military conflict with Iran and the ensuing near-total blockade of the Strait of Hormuz have radically reshaped global energy flows. According to LSEG and Kpler, the halt...
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Powell reflects on Trump’s influence and threat to Fed independence
Former Federal Reserve Chairman Jerome Powell issued a stern warning against the growing politicization of the central bank, stating that attempts to pressure the institution undermine public trust in government...
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US closes Nvidia export loophole for Chinese firms
The US Department of Commerce has closed a significant sanctions loophole by prohibiting the sale of advanced artificial intelligence chips from Nvidia and AMD to foreign subsidiaries of Chinese companies...
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Goldman Sachs raises its year-end S&P 500 target to 8,000
Analysts at US investment bank Goldman Sachs have significantly upgraded their forecast for the S&P 500 index to 8,000 points by the end of 2026, up from their previous expectation...
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USD gains in May fail to win over Wall Street strategists
The May rise in the US dollar, driven by expectations of tighter policy by the US Federal Reserve, did not convince Wall Street analysts. Major US banks forecast a near...
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Beijing warns of retaliatory measures as EU advances new trade curbs
China has vowed to take harsh retaliatory measures if the European Union imposes new trade restrictions on Chinese corporations. The stark ultimatum came ahead of scheduled bilateral consultations, significantly raising...
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Micron and SK Hynix cross $1 trillion market cap amid memory chip boom
The list of the world’s largest technology giants with market capitalizations above one trillion dollars has grown by two more members of the global artificial intelligence revolution. The new entrants...
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Global oil prices plunge amid partial Hormuz reopening
Global oil prices have experienced a sharp decline due to an increase in the number of tankers transiting the strategically important Strait of Hormuz. July futures for benchmark North...
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China directs major banks to boost yuan share in cross-border trade
In light of escalating tariff and trade tensions with the United States, the People’s Bank of China has significantly tightened its requirements for the country’s largest financial institutions regarding...
