Modern monetary theory had already paved the way for this change in attitude by hypothesizing that countries with fiat currencies, such asUSDorJPY, could issue debt more or less without limits. However, mainstream economists argue that high levels of debt...
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Modern monetary theory had already paved the way for this change in attitude by hypothesizing that countries with fiat currencies, such asUSDorJPY, could issue debt more or less without limits. However, mainstream economists argue that high levels of debt...
Gold prices are up over 1.5% since the start of August against theUS Dollar, putting XAU/USD on track to record its first monthly gain since March. After falling to their lowest level of 2022 last month, prices began rising...
The 21-daysimple moving average (SMA)is approaching the 200-day SMA. If it should move below it, this would create aDeath Crosswhich may indicate bearish momentum is evolving. Support could be at last Friday’s low of 87.01 or January’s low of...
Just before a major news release, it is common to witness lower trading volumes, lower liquidity and higher spreads, often resulting in big jumps in price. This is because large liquidity providers, much like retail traders, do not know the outcome of news events prior...
Understanding CPI data is important to forex traders because it is a strong measure of inflation, which in turn has a significant influence oncentral bank monetary policy. So how does CPI affect the economy? Often, higher inflation will translate...
After accumulating a more than 9% stake in Twitter in the first three months of the year, Musk offered to take it private with a USD43.4 billion all-cash offer on April 14. The offer at that time was USD54.20...
GERMANY’S SCHOLZ: TAKEN NUMEROUS MEASURES TO DIVERSIFY AWAY FROM RUSSIA FAST Siemens Energy CEO said on Wednesday that they have currently one turbine running at the Nord Stream compressor station and added that they need 5 turbines to reach...