In an interview with Het Financieele Dagblad, ECB Chief Economist Philip Lane stressed the European Central Bank’s stance on the prevailing inflationary conditions. Highlighting the central bank’s efforts, Lane remarked, “Because inflation is too high, Read more…
AUDUSD reversed from support level 0.6300 Likely to rise to resistance level 0.6400 AUDUSD recently reversed up from the key support level 0.6300 (former monthly low from November) coinciding with the support trendline of the Read more…
AUDCAD reversed from support level 0.8575 Likely to rise to resistance level 0.8735 AUDCAD recently reversed up from the pivotal support level 0.8575 (former monthly low from November) which formed the daily candlesticks reversal pattern Read more…
According to the Bank of Canada Business Outlook Survey (BOS) Canadian business sentiment continued deteriorating in the third quarter of 2023. The BOS indicator, a statistical summary of survey results, was -3.51 in 2023 Q3, Read more…
Safe-haven flows likely to head Swiss franc and gold’s way as US debt concerns and liquidity concerns grow A week filled with Fed speak will see Wall Street focus on Fed Chairman Jerome Powell’s speech Read more…
CoinGlass reported that $72 million worth of short positions were liquidated on the spike higher from the false SEC approval news US Government holds around 200,000 bitcoins, worth over $5 billion SEC refrains from asking Read more…
UK releases employment data on Tuesday BoE’s Bailey says rate decisions will be tight The British pound has started the week in positive territory. In the European session, GBP/USD is trading at 1.2166, up 0.17%. Read more…
The U.S. Senate is looking to roll out protections for actors, musicians, performers and individuals outside of the entertainment industry from having computer-generated versions of their image and voice, known as digital replicas, being used Read more…
Retail store chains that file for Chapter 11 bankruptcy can suffer from damaged vendor relationships that cause empty shelves, limited access to capital needed to pay landlords and wages, and a damaged reputation that keeps Read more…