BoJ board member Asahi Noguchi said the central bank must continue to maintain monetary easing, keep interest rates at low levels now as achievement of 2% inflation target remains uncertain. “While not as much as Read more…
Fed Chair Jerome Powell indicated in a speech that it “makes sense” to start slowing the pace of tightening as soon as in December. But, the level of the terminal rate, and the time to Read more…
USD/JPY: The current general bias for USDJPY on the H4 chart is bearish. To add confluence to this, the price is under the Ichimoku cloud which indicates a bearish market. If the bearish momentum continues, Read more…
Key Highlights Crude oil price started a fresh increase above the $78 resistance. It broke a major bearish trend line with resistance near $78.75 on the 4-hours chart. Gold price started a consolidation phase above Read more…
In Fed Chairman Powell’s press conference after the FOMC meeting on November 2nd, he said that “incoming data suggests that the ultimate level of rates will be higher than previously anticipated. In addition, he noted Read more…
CHFJPY reversed from support level 145.20 Likely to rise to resistance level 148.90 CHFJPY today reversed up from the key support level 145.20 (which has been reversing the price from the end of September). The Read more…
WTI reversed from support level 76.30 Likely to rise to resistance level 82.90 WTI crude oil earlier reversed up sharply from the major support level 76.30 (which stopped the previous wave (A) at the end Read more…
Tesla, Twitter and SpaceX CEO takes time out to promote Neuralink, a company he co-founded to develop brain-computer interfaces. Elon Musk took time out from his Twitter wars to demonstrate the latest developments at Neuralink, Read more…
The boss of Tesla and Twitter had declared war on Apple, which he accused of being an opponent of free speech. Peace seems to have returned to Silicon Valley…for now. Elon Musk, the richest man Read more…
The founder of the cryptocurrency exchange gives his version of the facts and denies any intention to scam customers. Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, engaged in a televised exercise, on November Read more…