Finance

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Sterling Technical Analysis: GBP/USD, GBP/JPY Price Action
Finance

Sterling Technical Analysis: GBP/USD, GBP/JPY Price Action

The British Pound faced significant pressure as USD strength dominated Q4 trading, pushing GBP/USD to fresh multi-month lows. GBP/JPY's bullish momentum reversed sharply on Friday, breaking below key support levels and invalidating a potential bull pennant formation.

Jonathan Reed
Fintech giant Affirm rival files confidential IPO documents with SEC
Finance

Fintech giant Affirm rival files confidential IPO documents with SEC

Swedish fintech powerhouse and buy now, pay later pioneer has submitted confidential IPO documentation to U.S. regulators. The company, valued recently around $15 billion, marks a significant shift from its pandemic-era peak valuation of $46 billion.

Jonathan Reed
Government Reduces FY25 Gold Bond Issuance Target by 38%
Finance

Government Reduces FY25 Gold Bond Issuance Target by 38%

The government has significantly scaled back its sovereign gold bond issuance target for FY25 to Rs 18,500 crore, down from the interim budget estimate of Rs 29,638 crore. This adjustment reflects changing market dynamics and investor preferences, with more retail investors turning to equity markets.

Jonathan Reed