Finance Bureau Orders Regulations Against Revolut Technology

Japan Financial Bureau has placed a strict regulatory measure on a tech company, Revolut Inc. Revolut technology, a subsidiary of the United Kingdom-based Fintech, was accessed by the Bureau, accused of operating without significant growth or improvement.  Japan Financial Bureau Order Improvement for Revolut According to Financial Magnate, the regulatory framework was issued on the 2nd … Read more

A Bearish Tale for Europe and the Euro as Winter Approaches

Briefly – Soaring energy prices threaten most businesses in Europe as winter nears Higher inflation leads to plunging consumer confidence The common currency sees pressure as rate hikes by ECB has little impact The worldwide energy prices deteriorate the global population and economies. Meantime, Europe appears more vulnerable. European face the harsh reality of plunging … Read more

USD/CAD Prints Head & Shoulders Ahead of FOMC Minutes and Canada CPI

Briefly USD/CAD price rose ahead of upcoming Canada inflation stats. Financial experts expect the nation’s inflation declines in July. USD/CAD will next react to upcoming FOMC minutes. The USD-CAD price climbed to the highest market since 8 August. The surge comes as markets await the upcoming Canada consumer inflation numbers and FOMC minutes. The pair … Read more

USD/ZAR Prediction Amid South African Rand’s Comeback

USD/ZAR price plunged to its lowest mark since 29 June. The U.S announced weak producer and consumer inflation data. South Africa’s production declined steeply in June. USD/ZAR price plummeted to the lowest mark since 29 June as market players concentrated on the weak U.S consumer inflation numbers. The pair plunged towards the 16.12 lows, nearly … Read more

Energy Uncertainties Weaken Sterling: GBP-EUR Outlook

The GBP/USD exchange rate remained within constricted ranges yesterday as the pair failed to maintain beyond 1.2100 before settling near 1.2085 today (Wednesday). Sterling drifted lower, whereas the GBP-EUR exchange rate dripped to two-week lows beneath 1.1820 before a slight revival to 1.1840. Generally, ranges remained narrow during summer trading as markets waited for the … Read more

This Occurrence Might See Turkish Lira Crashing to 20: USD/TRY

USD/TRY extended its bullish bias following the recent Turkish inflation numbers. The headline CPI increased to 70.6%. Producer Price Index (PPI) surged to 144.61% last month. USD/TRY sees its price nearing its ATH amidst surging Turkey inflation. Meanwhile, the Turkish lira dropped to 17.95 against the USD, which is briefly beneath the 18.38 all-time low. … Read more

USD/JPY Price Prediction Ahead of BOJ July Meeting

Briefly – BOJ is about to reveal its financial decision. USD-JPY exhibits bullishness while beyond the 0-2 trend line. Elliot Waves suggests actions towards 147. This week remains a special one for financial market enthusiasts. The ECB (European Central Bank) will meet on Thursday. And that could be the trading week’s highlight, but market players … Read more

USD/JPY Forecast Ahead of U.S Consumer Inflation Data

Briefly- USD-JPY surged to its highest mark in 24 years. Haruhiko Kuroda of BOJ vowed to remain dovish. The United States consumer inflation stats remain the next crucial catalyst. Monday saw the USD-JPY price increasing to multi-decade highs as the yen extended its slides. While publishing this post, the pair hovered at 136.83, approximately 8.8% … Read more

Should You Sell or Buy AUD Ahead of RBA Financial Policy Decision?

Briefly – Analysts predict another rate increase from the Reserve Bank of Australia on Tuesday. AUD/USD hovers with a massive tone. Interest rate differential remains crucial. This month remains crucial as far as the economy is concerned. For instance, financial policy by central banks will rule financial markets. One is from the RBA (Reserve Bank … Read more