Similar Posts
January 18-24, 2025 – Currency Thoughts
Next Week’s Menu: January 18-24, 2025 January 17, 2025 Central Banks: Interest rate policy reviews scheduled in the week ahead features the Bank of Japan, which is expected to double the current 0.25% rate level and will also publish a new quarterly Outlook for Economic Activity and Prices with updated forecasts. BOJ Governor Ueda will…
What is vibe coding? A computer scientist explains what it means to have AI write computer code − and what risks that can entail
Whether you’re streaming a show, paying bills online or sending an email, each of these actions relies on computer programs that run behind the scenes. The process of writing computer programs is known as coding. Until recently, most computer code was written, at least originally, by human beings. But with the advent of generative artificial…
Dollar Gains After CPI: USD/JPY and USD/CAD Test Resistance
The US dollar strengthened following the release of stronger-than-expected inflation data, which reinforced expectations that the Federal Reserve will maintain a restrictive monetary policy stance. US consumer prices rose to their highest levels since May 2023, renewing concerns over persistent inflationary pressure. This pushed Treasury yields higher and supported demand for the dollar. Additional support…
S&P 500 Fluctuates Ahead of CPI Report
As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, the index is trading near the 6,800 level this morning. However, the balance between supply and demand could change significantly after the release of the Consumer Price Index (CPI) report scheduled for 15:30 GMT+3. Against the backdrop of military developments in the Middle…
Bitcoin Price Surges Past $100K as Kiyosaki and Saylor Predicts BTC New ATH
Bitcoin (BTC) price returned above the $100,000 threshold this week, reaching its highest levels since January as prominent investors continue advocating for cryptocurrency adoption amid changing market dynamics. The world’s largest cryptocurrency changed hands at $103,608 on Saturday, gaining 0.6% for the day, following Thursday’s significant 6% surge. This price recovery comes after Bitcoin fell…
Euro nudges higher; China stimulus boosts Aussie and kiwi By Reuters
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -The euro strengthened on Monday after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s economy and the Japanese yen steadied as traders reacted to the new prime minister’s call for a snap election. The dollar, which was hovering near a one-year…
