Archives by Month:

Archives by Year:

Goldman Shaves US Recession Probability

Goldman Shaves US Recession Probability

The US economy continues to see a lot of hot and cold. Investors haven’t been displeased in any way by this as it means data is strong enough that we shouldn’t see a recession, yet soft enough to justify additional easing from the Fed.Video Length: 00 :01:04More By This Author:US Dollar Weakness Intensifies Bracing For […]
USD/JPY Forecast: Yen Gains Amid BoJ-Fed Divergence

USD/JPY Forecast: Yen Gains Amid BoJ-Fed Divergence

The USD/JPY forecast points to solid bearish momentum as the yen rallies on divergence in policy outlook for the Bank of Japan and the Fed. Fed policymakers will likely assume a dovish tone and support expectations for a rate cut in September. On the other hand, BoJ policymakers have taken a hawkish tone, which could […]
Bitcoin Fails To Stabilize Which Triggers Another Pullback

Bitcoin Fails To Stabilize Which Triggers Another Pullback

Bitcoin chart analysisOver the weekend, the price of Bitcoin moved into a bullish consolidation supported by the EMA 200 moving average. On Sunday, we climbed to the $60275 level but did not have the strength to strengthen the bullish side and continue the growth. The price had to initiate a bearish consolidation and return again below the […]
Dollar Losses Extended, Led By The Japanese Yen

Dollar Losses Extended, Led By The Japanese Yen

Image Source: Unsplash  Overview: The dollar settled last week on a soft note, and follow-through selling today pushed it lower against nearly all the G10 and emerging market currencies today. Just as some observers were talking about a resumption of the yen carry-trades, the yen has popped up. The yen has a little more than 2.2% against […]
The S&P 500 Rebounds For Best Week Of 2024

The S&P 500 Rebounds For Best Week Of 2024

There’s one thing we know for sure about stock price volatility. Big moves, whether up or down, tend to be clustered together.During the last several weeks, a new cluster of volatility formed in the U.S. stock market. The S&P 500 (Index: SPX) experienced a large downward move after being triggered by a noise event that arose in Japan’s stock […]
Asian Stock: MediaTek

Asian Stock: MediaTek

Company: MediaTek IncorporatedBloomberg ticker: 2454 TTMarket cap: US$68,253mBackground: MediaTek Incorporated from Taiwan is one of the world’s largest fabless semiconductor companies. The company develops, manufactures, and sells integrated circuits that are mainly used in mobile, home, and automotive products. Major customers include OPPO, VIVO, Lenovo, Sony, and Samsung.  World Class Benchmarking of MediaTek Profitable Growth rank of 1 was […]
Tether to deploy USDT on Aptos blockchain

Tether to deploy USDT on Aptos blockchain

Key Takeaways Tether’s USDT will soon be available on the Aptos Network, enhancing blockchain utility. Aptos recorded a peak of 157 million transactions in a single day in May 2024. Share this article Tether announced Monday it is launching its USDT stablecoin on the Aptos Network. The move is part of Tether’s strategy to broaden […]
Two Trades To Watch: EUR/USD, Oil Forecast – Monday, Aug. 19

Two Trades To Watch: EUR/USD, Oil Forecast – Monday, Aug. 19

Image Source: Unsplash  EUR/USD rises to a 2024 high USD falls to a 7.5-month low versus major peers Fed Powell is expected to signal the start of rate cuts this week EUR/USD rises to 1.1050, a 2024 high The US dollar has fallen to a 7.5-month low against its major peers at the start of the […]
Ethereum Price Has Returned To The Support Zone Again

Ethereum Price Has Returned To The Support Zone Again

Ethereum chart analysisEthereum’s price climbed to $2686 on Sunday, forming a new weekend low. After that, there was a loss of momentum to continue on the bullish side, and the price began to retreat. Soon, we fell below the EMA 200 moving average and $2640 level to a new low at $2610. On Monday, the […]
US federal agencies are planning to redefine ‘money’ to include crypto in reporting rules

US federal agencies are planning to redefine ‘money’ to include crypto in reporting rules

Key Takeaways US agencies aim to treat cryptocurrencies as traditional money for reporting purposes. Final rulemaking on crypto as money expected by September 2025. Share this article Several top US federal agencies are collaborating to revise the definition of “money” to strengthen reporting requirements for financial institutions handling domestic and cross-border cryptocurrency transactions.The US Department […]