Michael Kramer on Muck Rack

Michael Kramer

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Articles

USD/JPY breakout puts 1986 levels back in focus

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By Michael Kramer
| cmcmarkets.com
USD/JPY has pushed through the July 2024 highs USD/JPY has climbed above the highs reached in July 2024 and is now trading near 162.30, according to the TradingView analysis. That breakout matters because it removes a resistance area that had already been associated with heightened intervention sensitivity from Japanese policymakers. With that ceiling now breached, the next technical level in focus comes in around 164.50.
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USD/JPY breakout points to highest levels in four decades

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By Michael Kramer
| Trading View
USD/JPY has climbed to its highest level in nearly four decades, although the risk of intervention by the Bank of Japan continues to increase. The FX pair has moved above the highs last seen in July 2024 and is now approaching its next technical resistance level at around 164.50. It is currently trading near 162.30. The weekly chart shows this most clearly, with previous resistance level around 161.95, the high reached during the week of 1 July 2024.
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Six Months After Minneapolis, ICE Has Doubled Down

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By Abdullah Al-Ghadhawi, Mario Barbati, Michael Kramer, Shabnam Nasimi, Rachel Nelson
| New Lines Magazine Verified
It’s 5:30 a.m., and a tent is already raised outside the fortified building that houses the U.S. Immigration and Customs Enforcement (ICE) field office in Dallas, Texas. It’s possible to make out the top floor of the building, where windows have remained boarded up since a deadly shooting occurred at the facility in September of last year.
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