Japan’s Yen: Weakest in 20 Years
The yen has fallen to more than two-decade lows against the dollar, owing to Japan's differing views on inflation from its global peers. A weaker yen can help or hurt the economy, businesses, and consumers. The severity of its decline,…
Read more
Forex News June 21, 2022
Equities European equities begin the day higher. Stocks remain calm for the time being Eurostoxx +0.5%, Germany DAX +0.5%, UK FTSE +0.1% , CAC 40 +0.4% in France & IBEX +0.5% in Spain The day is off to a slow…
Read more
Stupidity in Trading
Trading is a completely psychological game, which is why many experienced, knowledgeable, and skilled traders continue to suffer massive losses in the markets, and some of them remain poor despite years of experience. Because of their undisciplined psychology, if given…
Read more
Crude oil sell-off a bit overdone
Following a spike to near $123 per barrel last week due to a variety of global factors, crude oil prices fell by as much as 6%, or $11 to $112 per barrel, on June 17. This was a sharp reversal…
Read more
Forex News June 20, 2022
Dollar Better risk appetite causes the dollar to take a step back to begin the week.With equities slightly higher on the day, the dollar remains on the defensive to begin the new week.The gains in stocks are still seen as…
Read more