Cryptocurrencies
JPY is Headed Lower and Fast
The focus falls on the JPY where the moves have turned into a one-way affair again. Trend and momentum accounts are all over the move higher and in the institutional world, there are just very Read more…
The focus falls on the JPY where the moves have turned into a one-way affair again. Trend and momentum accounts are all over the move higher and in the institutional world, there are just very Read more…
Yen descent continues The Japanese yen can’t seem to buy a break. USD/JPY has jumped 0.84% today and has surged 2.22% this week. The pair is currently trading at 133.76, yet another 20-year high. The Read more…
“The advisory committee’s positive recommendation acknowledges the strength of our data and the importance of a protein-based Covid vaccine,” said CEO Stanley Erck. Novavax (NVAX) – Get Novavax Inc. Report shares soared Wednesday after an advisory Read more…
“We are actively engaging in a broad range of strategic and financial alternatives … including Elliott’s offer to invest incremental equity capital in our Flash Business,” said CEO David Goeckeler. Western Digital Corp. (WDC) – Read more…
Stock futures lower as stagflation worries mount; Novavax surges as FDA panel recommends Covid vaccine; Western Digital leaps after board agrees to consider flash memory sale; Credit Suisse slumps after third straight profit warning and Read more…
Do you want to preview your WordPress website before going live? Previewing your website before publishing it allows you to catch any errors, design issues, missing items, and spelling or grammar mistakes. In this article, Read more…
RBA surprised and hiked more than expected this week; they lift the interest rate to 0.85% from 0.35% during the latest meeting, but Aussie did not rally much. We have seen 60 point move before Read more…
Eurozone GDP grew 0.6% qoq in Q1, revised up from prior estimate of 0.3% qoq. EU GDP grew 0.7% qoq. Ireland (+10.8%) recorded the highest increase of GDP compared to the previous quarter, followed by Read more…
UK PMI Construction dropped from 58.2 to 56.4 in May, below expectation of 56.9. S&P Global said total activity expanded at the slowest pace since January. Housing remained worst-performing category. Optimism was lowest since August Read more…
BoJ Governor Haruhiko Kuroda said today that Yen’s depreciation is “positive to the economy as long as the moves are stable”. He added, “various macroeconomic models show weak yen is positive.. But he also reiterated Read more…