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Relevance untilDonald Trump defines US participation in yen buying as “act of friendship” with Tokyo
US President Donald Trump confirmed American participation in a currency intervention to support the Japanese yen, characterizing the actions as “an act of friendship” and a sign of solidarity with...
Anna Karenina syndrome on Wall Street: how Fed baffles markets with poor communication
BofA Securities analysts applied the "Anna Karenina principle" to the Federal Reserve’s decision to hold the fund rate at 3.75%. In a research note, Claudio Irigoyen and Antonio Gabril used...
US removes Iran-related sanctions, signaling policy shift
The U.S. Treasury Department has announced the removal of sanctions related to Iran, according to a recent update on its website. This action comes after a series of shifts...
BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase
BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread...