Date | 8:59am | Impact | Detail | Actual | Forecast | Previous | Graph | ||
---|---|---|---|---|---|---|---|---|---|
8:59am | Actual | ||||||||
Mon Apr 29 | |||||||||
Mon Apr 29 | All Day | GE Prelim CPI m/m | 0.5% | 0.6% | 0.4% | ||||
9:30pm | CH Manufacturing PMI | 50.3 | 50.8 | ||||||
Tue Apr 30 | |||||||||
Tue Apr 30 | 5:00am | EZ Core CPI Flash Estimate y/y | 2.6% | 2.9% | |||||
EZ CPI Flash Estimate y/y | 2.4% | 2.4% | |||||||
EZ Prelim Flash GDP q/q | 0.1% | 0.0% | |||||||
8:30am | CA GDP m/m | 0.3% | 0.6% | ||||||
US Employment Cost Index q/q | 1.0% | 0.9% | |||||||
10:00am | US CB Consumer Confidence | 104.0 | 104.7 | ||||||
5:00pm | NZ RBNZ Financial Stability Report | ||||||||
9:00pm | NZ RBNZ Gov Orr Speaks |
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post: USDJPY BRIEFLY CROSSES 160 pic.twitter.com/Y1bdGt8dbA USD/JPY leaps above 160 (briefly) No fresh news to act as a catalyst, stop loss run cited. 160.24 seen, but its dropped back under 160 since. Above 160 to its highest since 1990. One minute candles: chart Japanese yen weakens to 160 against the U.S. dollar for the first time since 1990 The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia. The yen briefly touched 160.03 against the dollar, the weakest level since April 1990 when it touched 160.15, according to FactSet data. The currency has languished alongside continued strength in the greenback as Federal Reserve rate cut expectations get pushed back. The yen has traded around 150 or weaker against the dollar since the Bank of Japan ended its negative interest rate regime in March. On Friday, the central bank held rates and slightly raised its inflation expectations for fiscal 2024. Japanese authorities have repeatedly warned against “excessive” moves in the yen, but have made no official announcements about bolstering the currency. Some market watchers had suspected authorities would intervene at the 155 level, but the yen slid past that mark last week. Japanese markets are closed Monday for a public holiday.
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Vitalik Buterin responded to reports of Ethereum community members bemoaning the switch from the old proof-of-work model to a proof-of-stake consensus. Amanda Cassatt, founder, and CEO of web3 marketing studio Serotonin, tweeted that several Ethereum (ETH) proponents were dissatisfied with the network’s current state. Cassatt stressed that the views were ...
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Ethereum (ETH) will offer a buy the dip opportunity in 2024. While it may last many months until the buying opportunity materializes, investors should be on high alert to leverage the coming opportunity. As we approach late 2024, analysts predict a shift in Ethereum’s forecasted price trends. It may present a compelling buy-the-dip opportunity for investors ...