-
How Worried Should Forex Traders Be Over The SVB Crisis?
US stock indices dropped substantially yesterday, led by the Nasdaq and prompting a general sell-off across the world. A ~2% drop in the stock market isn’t all that unusual, but this time it was caused by a massive drop in the banking sector. And when banks are in trouble, forex traders would do well to sit up and pay attention, since banks are the ones that handle all the money processing. What happened? The issue stems from some bad news out of a bank that is relatively unknown outside of the tech start-up sphere, Silicon Valley Bank, which is owned by SVB Financial (and most commonly known simply as SVB). It ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 10, 2023 10:49am Mar 10, 2023 10:49am
- blaseit28
- | Joined Mar 2021 | Status: realist | 215 Comments
- Comment #2
- Quote
- Mar 10, 2023 11:20am Mar 10, 2023 11:20am
- Sahir12
- | Membership Revoked | Joined Feb 2018 | 441 Comments
TuriBinda
- Comment #3
- Quote
- Mar 10, 2023 11:34am Mar 10, 2023 11:34am
- Ferna
- Joined Dec 2022 | Status: Member | 456 Comments | Online Now
Equality will be the next big thing in trading
- Comment #4
- Quote
- Mar 10, 2023 2:38pm Mar 10, 2023 2:38pm
- fx6996
- Joined Feb 2023 | Status: Member | 210 Comments
- Comment #5
- Quote
- Mar 10, 2023 3:27pm Mar 10, 2023 3:27pm
- Jolita
- Joined Jan 2012 | Status: Trade Follower | 259 Comments
- Comment #6
- Quote
- Mar 10, 2023 4:27pm Mar 10, 2023 4:27pm
- Sahir12
- | Membership Revoked | Joined Feb 2018 | 441 Comments
TuriBinda
- Comment #7
- Quote
- Mar 10, 2023 4:36pm Mar 10, 2023 4:36pm
- Sahir12
- | Membership Revoked | Joined Feb 2018 | 441 Comments
TuriBinda
- Comment #8
- Quote
- Mar 10, 2023 4:37pm Mar 10, 2023 4:37pm
- Sahir12
- | Membership Revoked | Joined Feb 2018 | 441 Comments
TuriBinda
- Comment #9
- Quote
- Mar 10, 2023 4:53pm Mar 10, 2023 4:53pm
- Jolita
- Joined Jan 2012 | Status: Trade Follower | 259 Comments
- Comment #10
- Quote
- Mar 10, 2023 6:59pm Mar 10, 2023 6:59pm
- Ferna
- Joined Dec 2022 | Status: Member | 456 Comments | Online Now
Equality will be the next big thing in trading
- Comment #11
- Quote
- Mar 11, 2023 5:15pm Mar 11, 2023 5:15pm
- Guest
- | IP XX.X.124.22