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BoE – Monetary Policy Committee

[caption id="attachment_686" align="alignleft" width="300"] BOE Monetary Policy Committe[/caption] The British Pound, which has historically been one of the highest traded currencies, currently holds fourth place after the US Dollar, Euro, and Japanese Yen. As with all currencies, the supply and demand are largely influenced by the Central Regulator which for the UK is the Bank […]

El Salvador Just Became Latin America’s First Bitcoin Nation.

[caption id="attachment_669" align="alignleft" width="300"] El Salvador Became First Nation in Latam To have Bitcoin as its Currency[/caption] Why crypto is more than a currency and how El Salvador just became Latin America’s first bitcoin nation. Last week, El Salvador became the first country in the world to allow bitcoin as legal tender alongside the dollar. […]

USDCAD Analysis

[caption id="attachment_632" align="alignleft" width="300"] USDCAD Price Action Analysis[/caption] The USDCAD has had an influx of economical events affecting the exchange rate from both sides of the border. Over the past three weeks, the asset has seen more bearish price movement due to a correcting US Dollar. However, without a doubt, the Canadian Dollar has shown […]

The Japanese Yen – Latest Developments

The Japanese Yen has seen a significant three-week decline measuring 1.80% and forming a full correction of the previous bullish movement. The price action has formed its sixth consecutive bearish daily bar after the currency was strained by fundamental influences. The price movement can be influenced by fundamental trends which are related to actual market […]

Global semiconductor interruptions as giants in survival mode

  Several industrial sectors, particularly the automotive industry, are facing a shortage of semiconductor microchips, causing a drop in production and delays in deliveries. This shortage results from the conjunction of industrial factors (supply chain interruptions caused by natural catastrophes or local confinement measures), cyclical (the explosion in demand for PCs and smartphones in the […]

The Pound’s Two-Week Decline

The British Pound has recently shown a two to three weeks decline depending on the currency pair. The movement in recent weeks has taken the asset to price lows not witnessed since early July 2021. Traders are now questioning what is straining the price of the currency and whether this is likely to keep hold […]