News
Monday began with a weakening of the dollar, thanks to two powerful signals from central banks in Asia: China and Japan. The head of the Bank of Japan, Ueda, stated that conditions are gradually emerging to shift monetary policy from easing to tightening. In particular, wages are rising steadily, which is typically seen as a […]
The BTC exchange rate is hovering around 25,760 USD on Monday, with the flagship cryptocurrency appearing weaker compared to Friday’s levels. Buyers are scarce in the market. Investors are feeling significant pressure due to the constant attacks from the US Securities and Exchange Commission (SEC) on the digital asset sector. In addition, there are ambiguous […]
The Japanese yen, in the pair with the US dollar, took a pause in devaluation. The current USDJPY exchange rate stands at 146.45. The pressure from the US dollar has decreased temporarily, allowing the JPY to stabilise. Friday’s statistics from Japan were disappointing. Average wages in August only increased by 1.3% y/y compared to the […]
JPY Rallying The Japanese Yen is starting the week on a stronger footing following hawkish comments from BOJ governor Ueda to the Yomiuri newspaper. Ueda signalled that the bank would likely have enough information by year end to determine whether wages would continue to rise. The bank has previously cited this as key in deciding […]
Tesla Rallying on Monday Shares in Tesla are trading higher ahead of the open on Monday. The move comes amidst a surge of optimism linked to the Tesla Dojo supercomputer. The computer system runs computer vision video processing and recognition and will be used to train AI systems for the company’s self-driving vehicles. Tesla has […]
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