Month: August 2021

Following the FOMC minutes, the attention turns to the Jackson Hole symposium later this week. We expect that the Fed would make formal announcement of QE tapering at the November meeting. With a tapering size of US15B at each meeting, the entire QE program would be complete by September 2022. As the big picture of
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Economics Professor Jason Potts is co-director of the Blockchain Innovation Hub at RMIT University. He sees blockchain technology as a fundamental institutional technology revolution comparable to the emergence of companies and the internet — perhaps even as world-changing as the invention of electricity. What’s the last big technological change that had the same sort of
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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Hello fellow traders. In this technical blog we’re going to talk about Microsoft $MSFT stock and take a look at the charts presented in members area of the Elliottwave-Forecast. As our members know, Microsoft is showing incomplete bullish sequences , calling the further rally.  The stock is bullish against the 268.66 low. Consequently, we advised
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Markets continue to reverse some of last week’s move, as seen in the rebound in European and Asian equities. Dollar, Yen and Swiss Franc all turned weaker while commodity currencies strengthened. PMIs from Eurozone and UK are all solid, despite mild pull back. Yet, both are outshone by commodity currencies. Sterling is currently having a
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Blockchain fintech company XREX has concluded a $17 million pre-A investment round led by a consortium of global investors, underscoring heightened institutional demand for crypto-focused startups.  The consortium was driven by CDIB Capital Group, a publicly traded company in Taiwan, and includes investors from major banks and venture capital firms in North America, Europe and
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The January/February highs between 1.2669 and 1.2880 were broken earlier, but price has moved back below The USDCAD continued its run higher today with the pair breaking above its 2021 highs between 1.2869 and 1.2880 (from January and February).  The break saw increase momentum and the pair moving up to the next target area between 1.2926 and 1.29578 (see yellow area
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