Interbank loans are short-term loans that financial institutions, such as banks, lend to one another. These loans are typically used by banks to manage their daily liquidity needs and to meet their regulatory reserve requirements. Here’s how interbank loans work. This type of loan plays a crucial role in maintaining the stability of the banking
© Reuters. An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan August 22, 2023. REUTERS/Fayaz Aziz KARACHI, Pakistan (Reuters) – Pakistan’s rupee closed at 299.6 against the U.S. dollar on Wednesday in the interbank market, touching a record low for the second day in a row, central bank data showed. On Tuesday,
Share: Economists at Société Générale make an upward revision to USD/CNY. An arduous march to 7.60 by the end of 2023 We revise up our year-end USD/CNY forecast by 0.20 to 7.60. The policy response, seemingly less organised than in the past, should pave the way for the USD/CNY pair to overshoot rather
In the fast-paced world of forex trading, staying ahead of market trends is crucial. Traders and investors are always on the lookout for tools that can accurately predict market reversals, allowing them to make timely and informed decisions. One such tool that has gained immense popularity is the Forex Reversal MT4 Indicator. In this article,
Oil Price Analysis and Charts Crude oil prices sink again End-demand worries continue to overshadow a more bullish supply picture The technical charts may point to further short-term losses Recommended by David Cottle How to Trade Oil Crude oil prices struggled again on Wednesday in Europe, extending consistent falls seen since mid-August. The energy market
Workday, Inc is a cloud-based software provider specialising in financial management, enterprise resource planning (ERP) and human capital management (HCM) applications and is a pioneer in human resources software-as-a-service (SaaS). The company was founded in 2005, in Pleasanton, California, USA and has a market capitalisation of $59.31B. The company is expected to report its third
Prior was +0.2% June advance reading was 0.0% Ex autos -0.8% vs +0.3% expected (prior was 0.0%, revised to -0.3%) July advance reading +0.4% June year-over-year sales -0.6% vs +0.5% prior Sales ex autos y/y -3.3% Vehicle sales are the only thing holding up sales and I wonder how much of that is delayed orders
Gold (XAU/USD) Analysis Gold’s longer-term downtrend remains intact despite recent reprieve Real interest rates rise above 2%, denting gold’s appeal Gold’s bullish lift appears unconvincing – Jackson Hole up next The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended
Harvesta is an Expert Advisor that makes use of “Probabilistic approach” to trade the congestion zones using the demand and supply principles. It is smart, robust, not adversely affected by any broker, leverage, and slippage. Recommendations Timeframe: M15 Balance: 3000 Pairs: NZDCAD, GBPNZD, AUDCAD, AUDNZD, NZDUSD, EURGBP, NZDCHF, EURAUD, GBPAUD, GBPCAD. Settings: The default settings are already configured for the trading currency pairs.
© Reuters. FILE PHOTO: Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration By Samuel Indyk and Ankur Banerjee LONDON (Reuters) – The euro fell to a more than two-month low against the dollar and a 12-month low against the pound on Wednesday after survey
