by OverviewFX | Jun 26, 2025 | Economy
At the end of Wednesday, the Dow Jones (US30) Index fell by 0.25%. The S&P 500 (US500) Index fell by 0.01%. The Nasdaq (US100) Technology Index closed higher by 0.31%. Wall Street closed on a mixed note on Wednesday, as investors weighed steady developments...
by OverviewFX | Jun 26, 2025 | Economy
Today in Frankfurt, BBVA officially launched its new digital bank in Germany. It combines cutting-edge technology, through one of the top financial apps in the world, with a compelling value proposition: an interest-bearing checking account paying three percent for...
by OverviewFX | Jun 26, 2025 | Economy
By RoboForex Analytical Department The GBP/USD pair surged to 1.3704, reaching its highest level since January 2022.This rally was driven by a weakening US dollar, growing expectations of a Federal Reserve rate cut, and easing geopolitical tensions.Market expectations...
by OverviewFX | Jun 26, 2025 | Economy
The FCA’s decision to ban Jes Staley, former CEO of Barclays, from holding senior management roles in the financial services industry has been upheld by the Upper Tribunal. Mr Staley approved a letter sent to the FCA that contained misleading statements about the...
by OverviewFX | Jun 26, 2025 | Economy
The Dutch Authority for the Financial Markets (AFM) announces that Deloitte, PwC and EY were fined for exam fraud. The Public Company Accounting Oversight Board (PCAOB) has fined Deloitte and PwC $ 3 million and EY $ 2.5 million for (dealing with) exam fraud. This is...
by OverviewFX | Jun 26, 2025 | Economy
The Hong Kong Monetary Authority (HKMA) has issued a response to media enquiries regarding triggering of the weak-side Convertibility Undertaking under the Linked Exchange Rate System. The weak-side Convertibility Undertaking (CU) of HK$7.85 to US$1 under the Linked...
