Dollar cannot sustain Fed-fueled advance, will ISM data help? Reserve Bank of Australia could abandon its tightening bias Crucial data releases also from China, Canada, and New Zealand Fed warns against early rate cuts It Read more…
When Boston Celtics star Jaylen Brown’s contract was announced last year, social media went crazy. How could it be possible that a player who has never been considered the best player on his team be Read more…
RBNZ remains hawkish despite slowing inflation and weaker growth Investors price in 90bps rate cuts by the end of 2024 Focus turns to jobs data for Q4 on Tuesday at 21:45 Despite hawkish RBNZ, data Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Friday, February 2. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – reporting Read more…
In a week with no big data or central bank surprises, renewed fears of turmoil in the US banking sector on the back of the free fall of the New York Community Bancorp (NYCB) stock, Read more…
Non-farm payrolls rose by 353k in January, well ahead of the consensus forecast calling for a smaller gain of 185k. This morning’s report also included annual benchmark revisions as well as revised seasonal factors. The Read more…
Interest deductions You’re allowed to take a tax deduction for some types of interest payments, but unfortunately, credit card interest is not among them. The tax code classifies the interest you pay on credit cards Read more…
The Australian dollar has fallen almost 1% after the US nonfarm payrolls and has given up today’s earlier gains. In the North American session, AUD/USD is trading at 0.6644, down 0.40%. The US dollar has Read more…
Daily Pivots: (S1) 1.0810; (P) 1.0843; (R1) 1.0905; More… EUR/USD falls sharply in early US session but stays above 1.0779 temporary low. Intraday bias remains neutral first. On the downside, below 1.0779 will resume the Read more…
Daily Pivots: (S1) 1.2661; (P) 1.2708; (R1) 1.2792; More… Range trading continues in GBP/USD with today’s sharp fall, and intraday bias remains neutral. Consolidation from 1.2826 could still extend further, and deeper fall cannot be Read more…