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About: luna

Recent Posts by luna

Amid UK political uncertainty, the Euro strengthens against the Pound, reaching yearly highs

Euro peaks against Pound amid UK political uncertainty and rate cut bets; German inflation supports EUR.

An AI chip worth $40,000 poses a $176 billion risk, concealed within straightforward visuals

AI chip depreciation mismatches inflate earnings, with rapid obsolescence challenging tech giants’ 5-7 year asset lifespans.

John Williams indicated that the Federal Reserve is near its target for bank reserves while monitoring markets closely

John Williams discusses bank reserves; US Dollar mixed; gold nears $4,200; Bitcoin, Sui show gains.

The US Dollar strengthened against the Japanese Yen, reaching February’s low amid political developments

The Yen weakens amid Prime Minister Takaichi’s push for stronger government-Bank of Japan coordination.

A defensive trend in GBP is observed, with a 0.2% decrease against the USD, as noted by Scotiabank’s strategists

Pound Sterling dips 0.2% post-weak UK jobs data, pausing gains despite improved UK-US yield spreads.

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