The former Chief Economist of the Bank of England (BoE), andy haldanewarned on Monday in an interview on LBC that inflation could go even beyond the projected 10% and could persist for years. Additional comments “Things have exceeded my worst expectations“. “I think it’s certainly going to last all year, and into next year or […]
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USD/JPY maintains gains above 131.00, at highs since April 2002
USD/JPY gains traction for the third day in a row and rises to a new two-decade high. The divergence in monetary policy stance between the BoJ and the Fed continues to support the current positive move. Risk-off sentiment could benefit the safe-haven JPY and cap gains, just for now. The pair USD/JPY moves higher during […]
Eurozone: Sentix investor confidence worsens to -22.6 points in May vs. -20.8 expected
Eurozone investor sentiment has fallen sharply in May 2022according to the latest data published by the research group Sentix have shown on Monday. The indicator has fallen to -22.6 points in May from -18 seen in April and against -20.8 expected. The index has fallen to its lowest level since June 2020, while the signs […]
Forex Today: The dollar benefits from risk aversion at the beginning of the week
This is what you need to know to trade today Monday May 9: The risk aversion is helping the US dollar find demand as a safe haven at the start of the new week and the DXY dollar index is trading at its highest level since November 2002 above 104.00. Sentix investor confidence data will […]
BoJ Minutes: China lockdown measures could put downward pressure on Japan’s exports
Today has been published Bank of Japan March meeting minutes. Key comments One member said that markets may become risk averse if rising inflation triggers withdrawal of monetary easing by central banks. Members agreed that Japan’s economy is likely to recover thanks to rising external demand and accommodative monetary policy. Some members said that the […]
ECB: In my opinion, it is reasonable that we start raising rates in July – Olli Rehn
The member of the Governing Council of the European Central Bank (ECB), Olli Rehnsaid could start raising interest rates in July to ensure inflation expectations remain anchored while speaking in an interview in Austria. Featured Statements “We are seeing signs of second-round effects.” “It is iIt is important that we send a signal that these […]
IMF: Rising oil prices will worsen inflation
The International Monetary Fund (IMF) published a report on Sunday, citing the impact of rising oil prices on global inflation and growth prospects. key takeaways “For some, rising oil prices may echo the 1970s, when geopolitical tensions also caused fossil fuel prices to rise.” “Memories of high inflation and the slow growth that followed, known […]
EUR/USD risks further losses below 1.0470 — UOB
Forex analysts from UOB Group, Lee Sue Ann and Quek Ser Leang, noted that the EUR/USD risks further losses if the 1.0470 level is broken in the coming weeks. 24 hour outlook: “We highlighted last Friday that there was room for EUR weakness to spread even though a break from last week’s low of 1.0470 […]
Otto Sirgo says that Amber Heard is not the same one he met when he dated Valentino Lanus
Before the trial that Johnny Depp faces against his ex-wife Amber Heard, Internet users took the photos from the trunk of memories and remembered the romance that the actress had with the Mexican actor Valentino Lanús. After the memory, there were several comments about the beautiful romance that the actress lived for ten months with […]
Woman sentenced for piercing her partner’s condoms in Germany
An unusual incident took place on May 4 in Germany after a woman was convicted of piercing her sexual partner’s condoms without their consent, an act the judge described as “historic.” A jury at a court in Bielefeld, a city in western Germany, sentenced a 39-year-old woman for sexual assault for intentionally piercing the condoms […]
