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The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Daily Market Outlook, August 25, 2022 Overnight Headlines Asian Markets Gain, Investors Anxious For U.S. Rate Hike Clues Hedge Funds Build Biggest Bet Against Italian Debt Since 2008 Dollar Eases From Near Two-Decade Peak As Jackson Hole Looms Global Stocks In For A Chilly Winter, Strategists Say – RTRS Poll Nvidia Forecasts Sharp Drop In […]

Gold has approached the supporting level of 1760 and the broken downtrend from the Elder timeframe, which is denoted by the blue line on the chart below. Currently, the price of gold is trying to pull from the abovementioned trendlines, targeting the level of 1880. So, let’s observe what is going to happen next. The […]

Nvidia’s CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company’s ability to estimate it. 235 Total views 87 Total shares Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 […]

USDJPY, “US Dollar vs. Japanese Yen” On the H4 chart, after rebounding from 8/8, USDJPY is trading below it. In this case, the price is expected to test the support at 7/8, break it, and then continue falling and reach 6/8. However, this scenario may no longer be valid if the price breaks the resistance […]