Top Russian banker says the EU faces 50 years of litigation if it takes Russia's frozen assets.Top Russian banker Andrei Kostin said that Moscow would retaliate if the European Union used frozen Russian sovereign assets for a loan to Ukraine, and said Moscow could unleash half a century of litigation over the money.
Forex Seasonality – December 2025: Dollar Weakness into Year End?.The beginning of a new month marks a good opportunity to review the seasonal patterns that have influenced the forex market over the 50+ years since the Bretton Woods system was dismantled in 1971, ushering in the modern foreign exchange market.
US Dollar Forecast: DXY Index Falls After Soft ISM Manufacturing Data Fuels Rate Cut Bets.The U.S. Dollar Index tests key support as markets price in an 87% chance of a Fed rate cut next week. Soft ISM data adds pressure heading into December.
Swiss, German authorities shut down cryptomixer.io in money laundering crackdown.A group of Swiss and German law enforcement agencies said on Monday they shut down cryptomixer.io, one of the largest platforms to cover up the tracks of bitcoin transfers from illegal activities.
US: ISM Manufacturing Index Shows Ninth Consecutive Month of Contraction.Demand conditions declined overall, but not uniformly. Improvements in new export orders and inventories were dwarfed by the declines in the backlog of orders and new orders indexes.