FX Weekly Recap: July 29 – August 2, 2024
The yen was king of pips, Kiwi was a surprise winner, and the dollar and euro saw mixed price action. We’re summing up the major FX moves for ya!
The yen was king of pips, Kiwi was a surprise winner, and the dollar and euro saw mixed price action. We’re summing up the major FX moves for ya!
The German DAX has been bouncing around for months but shook off some selling at the start of the week to post a solid gain. It was indicative of the continent, which finished Friday solid to cap an ok week. There was better strength in southern Europe, just like there has been all year. The…
Ah, summer—the season of sunny skies, weekend beach getaways, and ice-cold lemonades. But let’s be real: the scorching heat can leave your skin feeling less than fabulous. Don’t even get me started on that sticky, itchy feeling once we start sweating—yikes! But let me tell you the truth—it goes down to the products that you…
Indian Rupee may regain its ground due to expected progress on a US-India trade agreement. USD/INR appreciates due to importer hedging demand and potential RBI dollar-buying interventions. The INR struggles due to improved crude oil prices, driven by OPEC+’s decision to ramp up production more quickly. The Indian Rupee (INR) edges lower against the US…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
By Nir Kshetri, University of North Carolina – Greensboro The rapid growth of artificial intelligence has sharply increased electricity and water consumption, raising concerns about the technology’s environmental footprint and carbon emissions. But the story is more complicated than that. I study emerging technologies and how their development and deployment influence economic, institutional and societal…
Bitcoin’s price has been range-bound since reaching a fresh all-time high on inauguration day. The upcoming FOMC meeting may serve as a catalyst for Bitcoin’s price. Volatility measures suggest that a major price move is incoming. Bitcoin’s technical analysis shows a messy daily timeframe and a breakout of a symmetrical triangle pattern on the H2…