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Japanese Yen stays strong and approaches weekly high against a weaker USD.

Japanese Yen stays strong and approaches weekly high against a weaker USD.

Japanese Yen Gains Fresh Interest Following Slight Dip After a minor decline yesterday, the yen sees renewed buying interest. The US dollar has fallen below its three-year low, increasing pressure on the USD/JPY exchange rate. Market participants are eagerly anticipating key inflation data from Japan and the US this Friday. Early Thursday brought continued purchasing […]

Weekly Currency Outlook – June 22nd – June 28th (Charts)

Weekly Currency Outlook - June 22nd - June 28th (Charts)

I wrote on the 15th about some interesting deals for the week: Long on the EUR/USD currency pair, which dropped by 0.26% this week. The USD is positioned long, seeing a decline of 1.87%. There’s a long position on USD silver, decreasing by 0.96%. If every day in New York surpasses $80.43, the outlook for […]

Weekly Currency Outlook – June 8 to June 14 (Graphs)

Weekly Currency Outlook - June 8 to June 14 (Graphs)

Weekly Financial Update This week’s top market highlights include: Bitcoin is trending upwards, with daily values surpassing $111,743 in New York. This wasn’t anticipated. The GBP/USD currency pair is at $1.3513, a bit below expectations; it was set for Monday, but by Friday, there was a decline of 0.13%. The EUR/USD pair also shows strength, […]

Bitcoin ETFs see $2.75B in weekly investments while the price remains over $108K

This week, US Spot Bitcoin Exchange-Traded Funds (ETFs) saw inflows totaling $2.75 billion, coinciding with Bitcoin surpassing its previous high from January, which was $109,000. To put that in perspective, the inflow figure was nearly 4.5 times the $688 million from the previous week for Spot Bitcoin ETFs. BlackRock Bitcoin ETF Sees Continued Inflows On […]

Weekly Chart: Worldcoin and Hyperliquid may continue price surge

Weekly Profit Surge for WorldCoin and Hyperquid WorldCoin (WLD) and Hyperquid (HYPE) are leading the cryptocurrency market with significant weekly profits. According to Coingecko, both cryptocurrencies have seen an increase of nearly 35% over the last week. It’s possible that this upward trend may continue into the next week. WorldCoin has bounced back impressively, marking […]

Weekly recap: extravagant hen parties, costly extravagances, and some risqué history

Monday Yet another dream comes crashing down. I wasn’t on the guest list for Lauren Sanchez’s hen party. Jeff Bezos’ fiancée, along with her close-knit group of brown-haired friends, is currently recovering from a lavish £500,000 bash. They took a private champagne boat down the Seine (or was it up? I suppose I shouldn’t pretend […]

Bitcoin achieves highest weekly close following its all-time highest daily close.

Bitcoin Approaches Record Highs Again Bitcoin seems to be nearing its best week lately, as the overall cryptocurrency market experiences a notable upward trend, with prices inching closer to previous all-time highs. According to data from TradingView, Bitcoin has recorded weekly gains for six consecutive weeks, wrapping up the most recent week just under $106,500 […]

Japanese Yen rises to new weekly high against USD despite lower GDP

The Japanese yen continued to gain strength against the US dollar for the fourth consecutive day on Friday. The Bank of Japan’s (BOJ) interest rate hike supports the yen despite Japan’s weak Q1 GDP report. Speculation about further interest rate cuts by the Federal Reserve puts downward pressure on the US dollar, impacting USD/JPY rates. […]

Ethereum Sees 50% Weekly Price Surge While Bitcoin, Solana, and Dogecoin Rise

Simply put Ethereum prices kept climbing on Tuesday, leading to a remarkable 50% increase over the week. Bitcoin, Solana, and Dogecoin also showed notable gains in the last 24 hours. The rise in Ethereum is attributed to the anticipated Pectra network upgrade. Ethereum has surged more than 8% within a single day, gaining momentum on […]