Forex News June 10, 2022
USD/JPY USD/JPY falls from 133.85 to 133.36 on the day after Japanese authorities express concern about the rapid decline in the yen It's not the first time such a reaction to more coordinated jawboning by Japanese officials has occurred, but…
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“Russia Stealing Grain From Ukraine”
Ukraine has accused Russia of stealing "several hundred thousand tonnes" of grain from Ukrainian areas occupied by Russia. The allegations come amid growing concerns about a global food crisis as a result of Ukraine's inability to export millions of tonnes…
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‘The inevitable’
Climate change may force coastal residents to relocate, according to the United Kingdom. Bevan stated on the UK government's website that the effects of climate change would "continue to worsen." He went on to say that it was "inevitable" that…
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Forex News June 9, 2022
Equities Stocks remain sluggish on the week Eurostoxx -0.7 percent, Germany DAX -0.6 percent, UK FTSE -0.6 percent, France CAC 40 -0.6 percent & Spain IBEX -0.4 percent. This follows yesterday's drop as sentiment remains sluggish, with Wall Street also…
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Inflation and War
The World Financial Institution warned on Tuesday that the hope of avoiding a recession is fading for both large and small countries around the world. "Recession will be difficult to avoid for many countries," said the bank's chairman, David Malpass. …
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