Japanese Government Criticizes BOJ Over Weak Yen Introduction Recently, Japanese government officials have been expressing their concerns and criticisms over the yen’s weakness. The weakening yen is causing import costs for raw materials to skyrocket, which is negatively impacting various industries in Japan. The Situation The yen’s weakness has been attributed to the Bank of…
Market Optimism Shaken by Jerome Powell’s Testimony What Happened? Market optimism couldn’t survive Jerome Powell’s testimony yesterday, as he delivered a sobering message about the possibility of a recession. Powell’s remarks dashed hopes of a smooth landing for the economy, leaving investors on edge. Powell’s Warning Addressing the Senate Banking Committee, Powell stated that despite…
Market Movers Today: Norges Bank Meeting Today’s Key Event in the Scandis Today, all eyes are on the Norges Bank meeting in the Scandinavian region. This meeting has the potential to shake up the financial markets in a big way, as there are strong indications that there will be a further increase in interest rates….
Charmingly Eccentric Blog Post The Daily Pivots of EUR/CHF EUR/CHF is staying in consolidation above 1.0096 and intraday bias remains neutral first. The daily pivots are as follows: S1 1.0132, P1.0160, R1 1.0188. These numbers indicate a potential shift in the currency pair’s movement. Exploring the Market Trends As we delve into the world of…
Unlocking the Secrets of Forex: A Guide to Mastering the Market The forex market is one of the biggest markets having trillions of transactions happening every single day Do you know how to learn forex? Traders have increased since COVID started. When the lockdown was introduced, most people were working from home. Some people were…
Welcome to the World of Unconventional Asset Management! A Closer Look at Griffin Global Asset Management’s Latest Move DUBLIN, Ireland, June 23, 2022 (GLOBE NEWSWIRE) — Griffin Global Asset Management (“Griffin”) is pleased to announce the purchase and leaseback of the latest commercial property in downtown Dublin. This bold move showcases Griffin’s innovative approach to…
XOM Elliott Wave View: Soon Longs Should Be Risk Free Introduction In this technical blog, we will look at the past performance of the 4hr Elliott Wave Charts of XOM. In which, the rally from the 23 March 2020 low is unfolding as an impulse and showed a higher high sequence. Therefore, we knew that…
The BTC Battle: Breaking Through Sales The ongoing struggle of Bitcoin The BTC just can’t break through sales. On Wednesday, the major cryptocurrency is falling towards $20,137 – the asset doesn’t seem to catch a break. Investors are eagerly watching the charts, hoping for a breakthrough, but the resistance remains strong. What is causing this…
