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2020-08-26 • Updated
USD/JPY: The USD/JPY pair is about to exit the Kumo. If that happens, a new bullish sentiment is in force.
European markets traded slightly higher on Wednesday, amid optimism about United States and Chine trade.
China is poised to purchase a record amount of U.S. soybeans in 2020, following a drop in the prices of this agricultural commodity this year during the pandemic.
Some strategists on Wall Street are concerned that the current market rally and environment has made stocks vulnerable to a decline.
The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy
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