Month: June 2021

Can the sellers keep the selling going today? The USDJPY, in the early NY session, has now fallen below a floor from last week’s trading between 109.32 and 109.35 (see red numbered circles). That floor from last week was a ceiling going back to May 17 through May 19th, before moving above on May 27.   That break was previewed by the holding of the
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The financial markets continue to be relatively mixed entering into US session. Aussie and Kiwi are currently the strongest one, together with Yen. On the other hand, Dollar and Euro are the weakest ones, together with Loonie. European indexes are trading mildly higher but upside is limited. Gold and oil are also struggling in tight
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Research has revealed that one in five Australians believe that crypto is the key to homeownership as confidence in traditional savings dwindles. The survey, conducted by cryptocurrency exchange Kraken, found that an increasing number of young Australians are becoming disheartened by traditional investment options. Almost one quarter of those surveyed expressed concern that the value
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