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Yen and BoJ intervention
What is the outlook for the Yen in the short and long term?The Yen's extreme weakness finally forced government officials to intervene, especially with Tuesday's surge in the dollar. BOJ Governor Haruhiko Kuroda last Thursday stated that this weaknes...
Inflation and another upside surprise
The return of fear and worries in the financial marketsThe most critical data of the week has been published. US inflation data had another surprise upside to reincrease the USD demand and encourage bears among riskier asset charts.According to the U...
Cable raise, thanks to USD!
Pound after missing economic dataWhile British economic data were disappointing today, GBPUSD regained some of its losses against the USD, but it was thanks to a weaker USD and not strengthening the pound.Great Britain started a new history last week...
Bitcoin rebounds – will the downtrend reverse?
Bitcoin price is above $22,100 currently. A glance at the daily chart reveals the price rallied last Friday as Wall Street ended higher third straight session – the first series of three daily gains in a row in the last twenty sessions. The downward...
Bitcoin, is that beginning of an uptrend?
14% gain in three days, but still under key resistance! While in the bigger picture, BTC still moves in a clear downtrend, the recently seen recovery has made some hope that it can be the beginning of its recovery path, which technically can be...
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