Sanctions against Russia: taking stock four months after the start of the war

Jun 29, 2022 14:15 pm UTC| Insights & Views Investing

On 23 February the eve of Russias invasion of Ukraine the Council of the European Union (EU) adopted the first package of sanctions in response to Moscows recognition of the self-proclaimed autonomous republics of...

Digital Currency Revolution

Metaverse: Shinsegae jumping into metaverse with assistance from Hancom

Jun 27, 2022 08:21 am UTC| Business Digital Currency Investing

Shinsegae, a South Korean department store franchise headquartered in Seoul, South Korea, is planning to create its own metaverse service. For this move, it has sought the assistance of Hancom, a local software developer...

Digital Currency Revolution

Metaverse: Lowe’s jumps into the virtual world

Jun 24, 2022 08:34 am UTC| Business Digital Currency Investing

Lowes Companies, Inc., an American retail company specializing in home improvement, is expanding its business into the metaverse through a tool that will help visualize projects. As more and more firms are jumping into the...

Japanese Yen Daily Outlook

Jun 23, 2022 05:58 am UTC| Technicals Investing

Chart - Courtesy Trading View USD/JPY slips lower, extending previous sessions losses, breaks below 5-DMA support. The major was trading 0.59% lower on the day at 135.39 at around 05:10 GMT, after closing 0.29%...

Japanese Yen consolidates post-Fed losses. remains capped below 5-DMA

Jun 16, 2022 07:25 am UTC| Technicals Investing

Chart - Courtesy Trading View Fundamental Overview: On Wednesday, the US Federal Reserve (Fed) raised key rate by 75 bps, Feds biggest hike since 1994. The central bank also revised inflation forecasts for this...

Aussie Daily Outlook

Jun 16, 2022 06:37 am UTC| Technicals Investing

Chart - Courtesy Trading View AUD/USD was trading rangebound at 0.7002 at around 06:23, with session high at 0.7035 and low at 0.6990. The pair is consolidating previous sessions gains, slips lower from session...

Japanese Yen slips lower from multi-year highs, caution seen ahead of Fed policy decision

Jun 15, 2022 07:18 am UTC| Investing

Chart - Courtesy Trading View A rebound in the positive market sentiment has undermined demand for the US dollar. On the data front, US PPI matched 0.8% MoM forecasts, also easing to 10.8% YoY figures versus 10.9%...