IMF Japan mission chief Ranil Salgado said Yen’s recent movements “reflect fundamentals”, adding, “we see both positive and negative effects in yen depreciation.” He noted that risks to inflation in Japan are on the upside. Read more…
DXY: On the H4, with RSI moving in a descending channel, we have a bearish bias that price will drop to our 1st support at 101.668 where the horizontal swing low support and 78.6% fibonacci Read more…
It is all about whether the ECB will follow other central banks in signalling a 50-basis point hike, or a more standard 25 for July. All euro pairs will be in sharp focus on Wednesday Read more…
Earlier in the week we discussed how US 10 year yields USD/JPY have been moving higher together recently. Both were moving higher on Monday due to positive new from China. German 10-year bunds and EUR/JPY Read more…
The 3/7/2022 low of 12438.85 in $DAX completed correction to the cycle from March 2020 low (Covid-19 low). From 3/7/2022 low, DAX has turned higher in a 5 waves impulse Elliott Wave structure. Up from Read more…
Blockchains are public-facing and unalterable, so they are a way to facilitate and store digital transactions. Shubham Dhage via Unsplash; Canva What Is a Blockchain in Simple Terms? A blockchain, at its most basic level, Read more…
Inflation and gas prices are not the only things expected to be higher on the Las Vegas Strip this Fourth of July. Inflation and gas prices will be a major consideration in most people’s decision Read more…
Jim Cramer says he doesn’t see the economy falling into stagflation. He thinks we just got overheated coming out of the pandemic and now need time to cool off. There aren’t many dirty words on Read more…
Scammers have easy access to public information that reveals a lot about you as they try to steal money and your identity. Spam calls are ubiquitous as fraudsters have found more ways to deceive consumers Read more…