Pain in Credit Suisse were evident right from 2007 then in 2009 and 2015, 2018 and lastly in feb 2023 as well. however the slide downwards was very quick which couldn't be caught earlier. if bailout happens and it's kept as separate entity then it may give some handsome returns after few yearS
Having successfully bounced off the 200-day EMA, the Gold buyers poke a four-month-old support-turned-resistance line as bulls await final clues for the next week’s Fed meeting. Given the overbought RSI conditions, the metal buyers appear to run out of steam and can keep struggling with the immediate hurdle surrounding $1,930. Even if the quote crosses that...
EURUSD posted the biggest daily slump in six months as Credit Suisse headlines fanned risk aversion on Wednesday. The fall, however, needs validation from the 1.0555-50 support confluence, comprising the 100-DMA and 14-week-old ascending support line, as well as the European Central Bank’s (ECB) Monetary Policy Meeting. That said, a clear break of 1.0550,...