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Indonesian Rupiah Devaluation: Reasons and Implications
author-avatar Jack Perry
Forex, News
May 9, 2023
09 May 2023

Indonesian Rupiah Devaluation: Reasons and Implications

Introduction The Indonesian rupiah has been facing a steady decline in value against the US dollar. In recent news, it was reported that the rupiah lost 0.4% of its value against the dollar. This article aims to discuss the reasons behind the devalu...
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South Korean Won Falls Due to Interest Rate Changes
author-avatar Jack Perry
Forex, News
May 8, 2023
08 May 2023

South Korean Won Falls Due to Interest Rate Changes

The South Korean won has experienced a 0.2% decline in recent weeks due to interest rate changes. This shift has raised concerns about the impact on the country's economy and its citizens. In this article, we will delve deeper into the causes and eff...
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China's Yuan Approaching 7 Against Dollar Amid Uneven Economic Recovery
author-avatar Jack Perry
Forex, News
April 26, 2023
26 Apr 2023

China’s Yuan Approaching 7 Against Dollar Amid Uneven Economic Recovery

China's yuan is once again making headlines as it rose 0.1% against the dollar but closed in on the 7 level. The yuan's steep losses this week are a result of continued concerns over the country's uneven economic recovery. Uneven Economic Recovery ...
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US Dollar Strengthens against Euro on Lowered Rate Hike Expectations
author-avatar Jack Perry
Forex, News
April 8, 2023
09 Apr 2023

US Dollar Strengthens against Euro on Lowered Rate Hike Expectations

The US dollar index rose 0.2% to 101.75 in late morning trading, led by gains against the euro, which fell 0.3% to $1.0925. The underlying trend, however, remained tilted to the downside as Wednesday's US private sector jobs numbers affirmed that the...
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Credit Suisse's Weaknesses and the Global Banking Crisis
author-avatar Jack Perry
Forex, News
March 16, 2023
16 Mar 2023

Credit Suisse’s Weaknesses and the Global Banking Crisis

Credit Suisse's stock tumbled on Wednesday after the bank disclosed "weaknesses" in its financial reporting, renewing investor concerns that a full-blown global banking crisis may be brewing. The disclosure revealed that Credit Suisse had overstated ...
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author-avatar Jack Perry
Bonds, News
March 14, 2023
14 Mar 2023

U.S. Bank Collapse Rocks Bond Markets, Stalls Greenback Rally

The sudden collapse of two large U.S. regional banks, Silicon Valley Bank and Signature Bank, has sent shockwaves through the bond market, forcing a turnaround in the expectations for the Federal Reserve's monetary policy. The emergency measures by t...
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Mobile Game Developer Huuuge Inc Confirms 10% of Cash and Securities Held at Collapsed SVB
author-avatar Jack Perry
News, Stocks
March 14, 2023
13 Mar 2023

Mobile Game Developer Huuuge Inc Confirms 10% of Cash and Securities Held at Collapsed SVB

Mobile games developer Huuuge Inc has confirmed that approximately 10% of its cash and securities, totaling $24.2 million, were held at Silicon Valley Bank (SVB), which collapsed on Friday. The US-registered company stated that it still has sufficien...
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The Benefits of Diversifying Your Portfolio with ETFs
author-avatar Jack Perry
TRADING AND INVESTING
March 28, 2023
05 Mar 2023

The Benefits of Diversifying Your Portfolio with ETFs

Exchange-Traded Funds (ETFs) are a type of investment fund that trades on stock exchanges, similar to stocks. ETFs are designed to track the performance of a specific index, such as the S&P 500, or a group of assets, such as commodities or real e...
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