Gotta be honest, I’m rather disappointed with the tepid opening to the year during the Asian timezone. Plenty of action during US time, albeit sporadic, but for us here … not much. Maybe we’re back to normal 😉
Anyway, this is very interesting while we wait for, well, anything.
Hjalti Páll Ingólfsson at the Geothermal Research Cluster (GEORG) in Reykjavík:
- “We are going to drill into a magma chamber”
- “It’s the first journey to the centre of the Earth”
Scientists in Iceland are planning to drill two boreholes to a reservoir of liquid rock
- One will give first direct measurements of magma
- The other could supercharge geothermal power
Article is here for more.
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Back to FX, yen update. C’mon Bank of Japan, we’re relying on you for some volatility!