“MUFG Predicts Supportive External Factors Will Drive Down USD/JPY Exchange Rates!”
The Japanese yen is expected to continue its strengthening trend despite recent setbacks, as the country’s economy continues to experience growth and the U.S. dollar becomes devalued. Economists at MUFG Bank believe that the external backdrop is supportive for a lower USD/JPY, which remains significantly overvalued. One reason for this outlook is the ongoing loss […]
Gemini Backs Genesis Mediation, Expresses Frustration Over Prolonged Delays in Progress
Crypto lender Genesis and its key creditor group have agreed to a 30-day mediation process in an attempt to move forward with a final restructuring plan. Although Gemini, one of the involved companies, has expressed support for the mediation process, it has also voiced frustration over the pace of progress in the negotiations. Genesis, its […]