The USDJPY pair has been trading sideways just below the 152.00 level, a point that was significantly defended by Japanese authorities back in 2022. Despite this, momentum indicators are nearing overbought conditions, hinting at a possible shift in the current trend. Potential Price Movements After establishing a strong uptrend from early March when it bounced
0 Comments
The New Zealand Dollar has been making strides against the US Dollar, attempting to break above the key resistance level of 0.6000. The recent positive movement started from the 0.5940 zone and successfully cleared obstacles around 0.5990 and 0.6000. A significant breakthrough was the crossing of a major bearish trend line with resistance at 0.5990.
0 Comments
In a recent announcement, Chinese video games giant NetEase revealed its partnership with Microsoft to reintroduce popular games like “World of Warcraft” back to China. This collaboration comes after a previous fallout that led to the end of a decade-long partnership between NetEase and Blizzard Entertainment. According to the press release, both NetEase and Microsoft
0 Comments
Discover the best websites for freelancers to make money! We've compiled a list of top platforms that connect you with lucrative opportunities to showcase your skills and earn. From Upwork to Fiverr, these websites offer a range of possibilities for freelancers to tap into their expertise. Take your freelance career to the next level by checking out this article now.
0 Comments
China’s economy is facing significant challenges, with the need to boost economic activity and convince people that home prices are on the rise. This article will delve into the key issues and obstacles that China is currently grappling with, as well as the potential solutions that experts are advocating for. Richard Koo, chief economist at
0 Comments
The prospect of a higher-for-longer rate path could have significant implications for consumers. An increase in interest rates would result in higher borrowing costs, ultimately affecting disposable income. This, in turn, could potentially dampen consumer spending and curb demand-driven inflation. The overall outlook on the economy would be influenced by these downward trends in disposable
0 Comments
One of the key points emphasized in the information provided is the importance of performing due diligence before making any financial decision. It is crucial for individuals to conduct their own research, exercise discretion, and seek advice from competent advisors. This ensures that one fully understands the risks involved in any investment and can make
0 Comments