What people say and what they do can sometimes be different. Some people, for example, might say they support efforts to protect the environment while drinking from a styrofoam cup using a plastic straw. In Read more…
Over the last five years, several European cities have been struggling to control the overcrowding that comes with spiking numbers of tourists. As part of an effort to encourage visitors to come during less-popular days, Read more…
AUDCAD prints higher highs and higher lows RSI and MACD detect positive momentum Break above 0.9260 could signal trend continuation Dip below 0.9125 may allow a decent correction AUDCAD rebounded today from slightly above the Read more…
Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. USD/JPY broke a long-term descending trendline but found support near the 100-day MA and 155.00 level. Price Action outlook Read more…
The UK labour market is experiencing a cooling phase. The number of applications for unemployment benefits in June increased by 32.3K after a jump of 51.9K a month earlier. Prior to that, this indicator had Read more…
EURUSD eases further from new multi-week high (1.0948) as markets digested ECB’s decision to stay on hold and repeat its mantra that future action will be dependent on incoming economic data. On the other hand, Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Earnings season is helping the tech-heavy Nasdaq rebound from its worst rout of the year. Chipmaker Read more…
Key takeaways Depreciation recapture occurs when you sell business property for a gain after taking depreciation deductions. This tax rule requires you to report part of your gain as ordinary income to “recapture” some of Read more…
Markets The ECB kept its key policy rates unchanged today in an unanimous decision. In its policy statement, the central bank repeats that it doesn’t pre-commit to a particular rate path. They follow a meeting-by-meeting Read more…
The euro has edged lower on Thursday. Early in the North American session, EUR/USD is trading at 1.0919, down 0.18% on the day. The euro hasn’t posted a losing day since July 9, gaining 1% Read more…