Euro: don’t believe everything you see. Forecast as of 03.02.2023
2023.02.03 2023.02.03 Euro: don’t believe everything you see. Forecast as of 03.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ No matter how much Christine Lagarde tried to convince investors of the ECB’s determination, the markets did not listen to her much. They drew attention to the accompanying statement, which caused a EURUSD correction. Let’s discuss this topic and make up a trading […]
A South American currency union? Don’t hold your breath By Reuters
© Reuters. Brazil’s President Luiz Inacio Lula da Silva sits with Argentina’s President Alberto Fernandez and Brazil’s Finance Minister Fernando Haddad, as they attend a meeting with Brazilian and Argentine business representatives, at the Casa Rosada presidential p By Rodrigo Campos NEW YORK (Reuters) – South America is not likely to have a common currency […]
Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery
Netflix, Earnings, FAANG, Tech and Nasdaq 100 Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 Netflix reported an EPS of $0.12 versus $0.42 expected on revenue that was very close to matching analyst forecasts with $8.17 billion The ability for this company’s performance to influence a broader earnings season swell – […]
Don’t expect Yen to weaken much further
Former Bank of Japan (BoJ) board member Sayuri Shirai said on Wednesday, “US interest rates are declining so don’t expect the Yen to weaken much further.” Further comments “Excessive strength in dollar likely to be corrected.” “Households and companies’ inflation expectations are extremely high but market forecasts are below 2%, not much change in inflation […]