Tuesday, March 19, 2024

Currency Analysis

 Forex analysis is used by retail forex day traders to determine buy or sell decisions on currency pairs.

Yen-Dollar Rate Exceeded 150 Yen/Dollar

Following the yen-dollar exchange rate exceeding 150 yen on the 20th, observations were raised that the Bank of Japan (BOJ) could revise its monetary policy as Japan's 10-year Treasury bond rate approached 1%. With a sense of crisis that exchange...

Digital Euro Is Coming in 2028

In the next few years, it is expected that people will be shopping in virtual currency at European destinations. It is predicted that the digital currency "Digital Euro" will be commercialized by 2028. The European Central Bank (ECB) announced on...

Ruble Hits 17 Month Low Against Dollar

The value of the ruble against the U.S. dollar hit a 17-month low. The rouble hit 100.84 against the dollar on the morning of the 14th (local time), exceeding the 100 roubles per dollar since March 23, 2022, according to...

Dollar Influence is Predicted to Weaken

The dollar will continue to dominate foreign reserves around the world in the future, but its influence is expected to gradually weaken, according to a survey of central bank officials. The British think tank OMFIF announced the results of a...

Yuan/Dollar Rate Reaches Psychological Barrier

As the high-flying yuan/dollar exchange rate approaches 7.25 yuan, which is called a psychological barrier, Chinese authorities and state-owned banks are reportedly intervening in the market through dollar sales and notified exchange rates. According to Bloomberg News on the 27th,...

Litecoin's Segregated witness

Analysis on Litecoin SegWit Pt. 4

From the beginning, Litecoin has applied many features. It is to improve transaction speed without having to trouble network integrity and security. One of them is SegWit. It is the abbreviation of Segregated Witness. The first proposal was in 2015....

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