Yen rises broadly in quiet trading today, with help from falling US and European benchmark yields. Sterling is following as next strongest, and then Kiwi. On the other hand, Swiss Franc is the worst performer, Read more…
In the accounts of ECB’s October 26-27 meeting, it’s noted that the 75bps rate hike was “supported by a very large majority of members” with “a few members expressed a preference” for just 50bps. Still, Read more…
Photo by Mitchell Clark / The Verge Project Genesis launched in Las Vegas first, so I figured the experience of using it there would be much better than in Spokane. I was wrong. Continue reading…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 26-27 October 2022 24 November 2022 1. Review of financial, economic Read more…
ETHUSD (Ethereum) has experienced a sharp decline in the short term, with the price testing its four-month low of 1,070 twice. However, the cryptocurrency managed to bounce back and recover some ground in the last couple Read more…
The USDJPY remains under increased pressure and extending weakness into third straight day, after recovery failed to sustain break above 100DMA (141.13) and fresh bears emerged below ascending thick daily cloud, after recent actions were Read more…
Protest erupted in Zhengzhou on Tuesday when Foxconn workers were told that promised bonus payments would be delayed. | Image: @StephenMcDonell Foxconn has offered workers a 10,000 yuan ($1,400) settlement in an attempt to end Read more…
BoE Governor Dave Ramsden said in a speech that regarding the immediate outlook for the economy and policy, “some near term sources of uncertainty have eased but others remain.” “Because of the Government’s Energy Price Read more…
On Wednesday, the New Zealand dollar was the best-performing currency among the 20 global currencies we track, while the U.S. dollar showed the weakest results. The Russian rouble was the leader among emerging markets, while Read more…
The British pound has steadied on Thursday, after soaring 1.4% a day earlier. In the European session, GBP/USD is trading at 1.2074, up 0.17%. The pound has enjoyed a splendid November, gaining 5.3%. The upswing Read more…