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    • CARA Therapeutics stock breakout at https://stockconsultant.com/?CARA
    • TGTX TG Therapeutics stock finding some support with high trade quality at https://stockconsultant.com/?TGTX  
    • KRYS Krystal Biotech stock with a continuation breakout, good volume 40% above normal at https://stockconsultant.com/?KRYS  
    • Date: 26th July 2024. The Yen Soars as the Likelihood of a BoJ Rate Hike Rises! The Japanese Yen wins back some lost ground as global Central Banks edge closer to rate cuts. The probability of another interest rate hike by the Bank of Japan increases. July’s best performing currencies are the Japanese Yen (+4.35%), British Pound (+1.41%) and the Swiss Franc (+1.41%). Currencies are taking advantage of the weaker US Dollar, but the worst performing currency remains the New Zealand Dollar. USDJPY – Growing Likelihood of a Second BoJ Rate Hike! The USDJPY increases in value for a third consecutive week and for a fourth consecutive day. Three factors are contributing to the Dollar decline: The Fed’s upcoming interest cut, the Bank of Japan’s interest rate hike and the political uncertainty in the US. The day’s best performing currency is the Japanese Yen which is currently increasing in value against all currencies. Currently, the USDJPY is trading below the trend-line and below the 100-Period SMA which indicates in the medium-term sellers are controlling the price actions. The exchange rate is also below the neutral on all oscillators and forms a clear bearish trend price pattern. Currently the only indications pointing towards a loss of bearish momentum is the diversion formed on the RSI. As a result, even though the trend clearly forms downwards, investors need to be cautious of a potential retracement. If the price trades above 152.96, a larger retracement becomes likely. However, if the price falls below 152.015, momentum will indicate the continuation of the downward trend to 151.674 in the short term and 151.267 thereafter. The likelihood of further monetary policy tightening by the Japanese regulator is growing. Preliminary data for July showed an increase in business activity, indicating a recovery in the national economy. The consumer price index remains above the target level, reaching 2.8% in June, with the core indicator stabilizing around 2.6%. Officials are optimistic about maintaining these high levels, supported by significant wage increases. According to Reuters, Bank of Japan officials will discuss the possibility of raising the interest rate at their meeting on July 31st. Analysts do not expect active measures until after the summer months. However, investors will price in the adjustment before the decision takes place. The US Fed experts may turn to “dovish” rhetoric in September, which puts pressure on the dollar. Currently, inflation is slowing growth, business activity is declining, and the labor market is showing signs of cooling. The US PMI data from yesterday largely triggered an attempted bullish correction but was viewed as mixed. The price action of the US Dollar and the USDJPY will now largely depend on the Gross Domestic Product and Weekly Unemployment Claims. These will be made public at 12:30 GMT. Analysts expect the US economy to grow 2.0%. If the US GDP reading is lower than expectations, the US Dollar potentially can come under pressure. At the same time, weaker earnings data from the US can trigger higher demand for the Japanese Yen. The Yen is known as a safe haven currency alternative to the Dollar. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • The cheat is on ! ... just sayin’.   This cycle it only needs to occur in 2 states, and in those 2 states in only 14 precincts... the organized  ‘machines’ for these cheats have been in been in place for decades... And here’s a tiny counter balance to a massive psyop narrative being perpetrated 24 7... as predicted the "entertaining ourselves to death" show is on full blast with the media re-creating Kasmella Devil as a firebrand ‘gettrdone’ kind of woman.  In reality, she is not a leader.  At work, no one wants to work for or with her or negotiate with her.  For this potus application - worse she is just a follower... a whore who is putty in the hands of the exploiters who ‘own’ her... the same ppl who owned and ‘managed’ Joe.  She is just a team member of probably the most corrupt, evil administration in history.  She is only good for regurgitating whatever narrative is handed her - until very recently how superbly fit Joe is, how the border was visited and secure, etc. etc.   She is not in charge of her vp office and duties... and now she will not even be in charge of her own party or campaign... she’s simply not sufficiently competent. As AG of CA she was a puppet who nudged along the social engineering policies that made that beautiful state the ugly mess it is today - esp the cities.   And, btw, by Willie fkng her way to the top, she has placed herself in a position where she can’t really get too deep into calling Donald a predator...cause she’s ‘paying’ as a ‘victim’ / being paid off the same way as Stormy... whoa. .. and lest you are ready to stereotype me and my positions - In my view, this election is not about preventing the decline of the USA.  That decline trajectory was established many decades ago and stabilized by the mid 1970’s.   There is no making America great again.  This election is about either hastening the end or tapping the brakes a little bit on the inevitable decline of the USA.  So - if you think her promises that the “middle class is our main priority” are real or if you think America is 1 man away from greatness again, well I have a finely designed bridge in Baltimore for sale ... best offer...
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