On a national level, a debt crisis occurs when a country is unable to pay back its government debt. This might result from government spending exceeding tax revenues for an extended period. On an individual Read more…
Daily Pivots: (S1) 1.3678; (P) 1.3731; (R1) 1.3759; More…. Despite edging higher to 1.3784, USD/CAD quickly retreated back into established range. Intraday bias remains neutral and some more consolidations could be seen. While deeper pull Read more…
The global financial community is poised at the edge, eagerly awaiting US non-farm payroll data due today. This palpable sense of anticipation is evident as Dow is ensnared in sideways motion after crossing the crucial Read more…
DXY: The DXY (US Dollar Index) chart currently maintains a bearish overall momentum, and there’s a potential scenario of a bearish continuation towards the 1st support level. The 1st support at 105.68 is considered significant Read more…
Key Highlights USD/JPY struggled above 150.00 and reacted to the downside. It traded below a key bullish trend line with support at 149.00 on the 4-hour chart. Gold prices are accelerating lower and might drop Read more…
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Amazon’s Fire TV ecosystem feels like it’s ever-growing—in Sept., the Read more…
Subdued wage growth data in Japan is raising eyebrows, particularly at BoJ. An essential element for the central bank’s policy normalization is the establishment of a harmonious cycle between wage growth and prices. The recent Read more…
It comes as no surprise that the airline business is a competitive one and that carriers are aggressive about pursuing reliable customers. When one of them stumbles, the others waste no time attempting to take Read more…
Richmond Fed President Thomas Barkin expressed a cautious stance yesterday, indicating it’s “too early to know if another rate increase would be needed this year.” He further elaborated on the need for a wait-and-see approach, Read more…
San Francisco Fed President Mary Daly weighed in on the implications of the recent spike in the benchmark 10-year Treasury note yield, which marked a 16-year peak at 4.8%. “If financial conditions… remain tight, the Read more…