Analysis-Iran risks severe economic downturn, unrest as renewed UN sanctions bite

Analysis-Iran risks severe economic downturn, unrest as renewed UN sanctions bite
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Analysis-Iran risks severe economic downturn, unrest as renewed UN sanctions bite
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By RoboForex Analytical Department The USDJPY pair halted its decline around 142.98 on Monday. However, this pause in the yen’s rally should not be misleading, as it comes amid uncertainty surrounding the extent of the anticipated monetary policy easing by the US Federal Reserve. The latest US employment report provided little information for adjusting forecasts…
After a record-breaking 2021, one of Europe’s oldest cryptocurrency exchanges experienced two consecutive years of significant unprofitability. The British branch of Luxembourg-based Bitstamp recently published its 2023 results, showing a revenue decline to just under €8 million and a net loss of €19.7 million. Bitstamp Limited, registered in the UK, emphasized in its report published…
USD/JPY continues its decline, with a fresh low around 148.797. Bank of Japan (BoJ) Governor Ueda’s hawkish rhetoric suggests a potential rate hike sooner than later. Technical analysis indicates a potential short-term pullback towards 150.00, despite the overall downward trend. Most Read: OPEC+ Meeting in Focus: Will Oil Production Cuts Continue Through March 2025? USD/JPY…
The US dollar starts the week in a moderately weakened state against the background of a very busy schedule of macro data and meetings of the central banks of the G10 countries. The key release will be the publication of US employment data for November, which will be released tomorrow, but the speeches of the…
Bitcoin turned lower after hitting a key area of interest! How low will the OG crypto go before the bulls spot a path clearer than Apple’s Liquid Glass? We’re taking a closer look at the 4-hour chart! Bitcoin (BTC/USD) 4-hour Forex Chart by TradingView Bitcoin slipped on Wednesday as rising tensions in the Middle East…