Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.
Daily Market Analysis
Information is not investment advice
On Wednesday, June 15, USDJPY hit the highest level since January 2002 at 135.57.
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Last week was intense! The US dollar gained more than 2% against other currencies on investors' concerns regarding one more inflation wave in the United States caused by the fuel crisis…
The euro area (EA) faced a 7.4% annual inflation in April, and the European Union (EU) had an 8.1% price growth. Rates hikes are crucial for the economy to stop collapsing; still, the ECB is doing nothing but talk. Step by step, we’ll find out what will happen with Europe.
After months of pressure from the White House, Saudi Arabia relented and agreed with other OPEC+ members to increase production.
Elon Musk is famous for his statements and tweets that spread around news headlines in a moment and provoke a lot of buzzes…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
The US Fed is speeding up its monetary tightening, and crypto may experience the most challenging times since the beginning of the market. Commodities are in danger, too. Dive deeper into the most important events of next week!
On Thursday, June 2, the Organization of the Petroleum Exporting Countries Plus (OPEC+) agreed to boost output by 648 000 barrels per day (bpd) in July and August…
China’s stock market performed well last week amid weakening lockdown measures. Traders are becoming bullish and greedy. Should we follow the crowd and buy HK50?
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is now trading into fresh high…