Euro Forecast for the Week Ahead: EUR/USD Eyes Jumbo ECB Rate Hike as Recession Looms
The Euro gained about 1.4 percent against the US Dollar last week, marking the best 5-day period since late May. EUR/USD could thank less hawkish speeches from Federal Reserve members
USDJPY: Elliott wave analysis and forecast for 21.10.22 – 28.10.22
Main scenario: consider long positions from corrections above the level of 146.82 with a target of 152.00 – 154.00. Alternative scenario: breakout and consolidation below the level of 146.82 will
Top 5 Things to Watch in Markets in the Week Ahead
Investing.com — U.S. earnings season gets underway against a background of worries that the Federal Reserve’s aggressive rate hike campaign could tip the economy into a recession. Investors will get
Billionaire Investor Bill Miller Still Remains Bullish on Bitcoin
Billionaire investor Bill Miller remained bullish on two investments Bitcoin and Amazon while he called cryptocurrencies ‘misunderstood’ at the Forbes/SHOOK Top Advisor Summit. At the summit, Marvin McIntyre, the managing director of
Inflation’s Hidden Cost
Why is inflation bad? At face value the question is insipid—inflation is bad because it means things are getting more expensive. The widespread use of the phrase “cost-of-living crisis” is
Monetary policy and financial stability interventions in difficult times − speech by Andrew Bailey
We are meeting in the most difficult of times. And, in saying that, we should start by recognising that however difficult each of our positions is, that is nothing compared
Bitcoin’s Hash Rate Elevates to a New All-Time High; What Cause?
The leading cryptocurrency, Bitcoin (BTC) reportedly exhibited a heavy elevation in its hash rate with a 10.8% increase, indicating a new all-time high on the daily basis, and ensuring security for the
The Fed Will Soon Face Its First True Volcker Test: Continuing To Hike Into A Full-Blown Recession
US equity earnings are behaving similarly to the run-up to previous recessions, tallying with multiple leading indicators showing the US is on track for an economic slump. Earnings season gathers
China’s services activity falls for first time since May – Caixin PMI
China’s services activity in September contracted for the first time in four months, as COVID-19 restrictions dented already fragile demand and dimmed business confidence, a private-sector business survey showed on