The Bank of Japan has much attention for its Monetary Policy decision and interest rate decision. The announcements have major impact on Forex, Japanese Stocks, Yen and Nikkei 225. It has always received a lot of attention for its unusual monetary policies. Discover everything you need to know here. What is BOJ? The Bank of [...]
Federal Reserve Chairman Powell's long-anticipated speech on last week Friday at Jackson Hole provided fireworks but not quite what the market had expected. The dollar is at a several-week low today after Federal Reserve Chairman Jerome Powell said the storm that hit the oil fields in the Gulf of Mexico was slower than expected. The [...]
Fundamental view: Bitcoin portrayed a bullish trend against the greenback in this week. US dollar fall served a helping hand towards the Bitcoin uptrend. Other news also favors the Bitcoins. As per a news agency, Kyrgyzstan’s State Service for Regulation has developed a draft of regulations for crypto exchanges on August 25. The draft aims [...]
Fundamental view: The selling pressure around greenback lead to the rise of the yellow metal in the last week. Gold saw immediate gains following Powell's speech at the Jackson Hole Economic Policy Symposium. Powell sounded more cautious than other Fed officials when talking about tapering, stating that the central bank could start reducing its $120 [...]
