Bank of Tokyo-Mitsubishi (BTMU) made their fundamental forecasts for EURUSD based on some fundamental factors: "The euro weakened in July with the focus in the foreign exchange market shifting away from the uncertainty related to ‘Grexit’ and back to the monetary policy divergence between the euro-zone and the US. That should mean that the euro reverts to being the funding currency of choice." "We suspect there’s a lot more potential ...
In the face of recent criticisms, Roger Waters, a frequent critic Israeli policies, is clarifying his position, saying that he "hates apartheid, not Israel." Waters, an advocate of the BDS (Boycott, Divestment and Sanctions) movement, has been calling on fellow musicians to boycott Israel over its policies in the West Bank and the continued occupation. more...
Fibers from the fique plant, dyed with natural pigments by artist Susana Mejia, are part of the Waterweavers exhibit. In the photo above, the fibers hang to dry in the Amazon jungle. You walk into an air-conditioned building in Washington, D.C., and suddenly you're surrounded by rivers. You can hear them, from the bubbling chuckle ...
Venezuelan Bolivar Experiencing Collapse In wake of depleting USD reserve and increased money minting, the Venezuelan Bolivar is going towards its worst phase, for its value is close to being collapsed. According to the available reports, it now takes around 630 Bolivars to purchase a single dollar. However, the government is insisting this value to be around 6.3 Bolivar per dollar. In our opinion, it is a greater time for Venezuelan ...
US Dollar: "The more proactive, though less scalable, instigator for the Dollar is changes in monetary policy forecasts. This week docket isn’t shabby for market movers – retail sales, UofM sentiment survey, upstream inflation reports, small business optimism and a July labor conditions aggregate – but none of the offerings carry the mark of a decisive view changer. With the market still not fully pricing a Fed hike until January while the Fed sees two ...
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