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The New Taiwan dollar turned from appreciating by more than 1 cent to depreciating against the U.S. dollar in early trading, closing at 30.285.Li Yunze, director of the State Financial Regulatory Administration, introduced the latest progress in capital replenishment at a press conference held by the State Information Office on May 7: large commercial banks are accelerating implementation, large insurance groups have put it on the agenda, and small and medium-sized financial institutions are replenishing in an orderly manner through multiple channels.Li Yunze, director of the State Financial Regulatory Administration, said at a press conference held by the State Council Information Office on May 7 that since the expansion of the policy of interest-only loan renewal, 4.4 trillion yuan of loans have been renewed for small, micro and medium-sized enterprises.The Hang Seng Index in Hong Kong opened on May 7 (Wednesday) up 507.12 points, or 2.24%, to 23,169.83 points. The Hang Seng Technology Index in Hong Kong opened on May 7 (Wednesday) up 142.59 points, or 2.72%, to 5,382.09 points. The CSI 300 Index opened on May 7 (Wednesday) up 183.21 points, or 2.22%, to 8,444.82 points. The H-share Index opened on May 7 (Wednesday) up 50.34 points, or 1.33%, to 3,838.86 points.On May 7, Commerzbank said that today the market focus turned to the Federal Reserve FOMC interest rate decision. The Federal Reserve is expected to keep the federal funds rate unchanged in the range of 4.25-4.50%. Federal Reserve policymakers stressed the need to wait and see how the trade policies implemented last month will affect economic growth and inflation. According to federal funds futures pricing, the Federal Reserve will cut interest rates by 8 basis points in June and 24 basis points in July, for a total of 78 basis points by the end of the year. For next year, they expect a 113 basis point cut by June 2026 and a 118 basis point cut by December 2026.

SHIB Targets $0.0000131 or Faces SEC-Induced Drop to Below $0.0000115

Daniel Rogers

Feb 14, 2023 14:38

 截屏2023-02-14 下午2.34.57.png

 

Dogecoin (DOGE) closed the Sunday session unchanged. Following a rise of 1.61% on Saturday, DOGE closed the week at $0.0822, down 10.65%.

 

After a range-bound start to the day, DOGE climbed to a high of $0.0857 by late morning. At $0.0830 and $0.0939, DOGE surpassed the First Major Resistance Level (R1) and the Second Major Resistance Level (R2). At $0.0859, the Third Major Resistance Level (R3), DOGE dropped to a late low of $0.0812. DOGE found support at the First Major Support Level (S1) at $0.0810, and closed the trading session at $0.0822.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Sunday, Shiba inu coin (SHIB) decreased by 0.62 percent. Reversing its Saturday gain of 0.39%, SHIB closed the week down 10.28% at $0.00001283.

 

Following the market as a whole, SHIB reached a late-afternoon high of $0.00001354. At $0.0000132, SHIB surpassed the First Major Resistance Level (R1). SHIB, however, reached a late low of $0.00001257 after encountering the Second Major Resistance Level (R2) at $0.00001352. SHIB closed the trading day at $0.00001283, avoiding the First Major Support Level (S1) of $0.00001250.


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