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Month: September 2024

Cryptocurrencies

USD/CAD Eyes Canada’s GDP

The Canadian dollar is steady on Friday. In the European session, USD/CAD is trading at 1.3476 at the time of writing, up 0.08%. Canada’s GDP expected to remain unchanged Canada’s GDP for July is expected Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Hyundai, Kia team with a smartphone giant for next-gen in-car tech

Modern cars are often described as smartphones on wheels, and you cannot blame those who make that comparison.  The inside of cars from modestly priced brands like Toyota and Subaru to posh Mercedes-Benzes feature large Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

What is the marginal tax rate and how to calculate it

Tax rates aren’t always what they seem When thinking about federal income taxes, many people zero in on the tax rates and tax brackets. And there’s a good reason for that – at the end Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Stock Market Today: Stocks edge lower with PCE inflation data on deck

Check back for updates throughout the trading day  U.S. equity futures edged lower in early Friday trading, tracking a modest nudge higher in short-term Treasury yields, as investors looked to close out the final full Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Gold Outlook: Limited Pullback from New Record High to Precede Final Attack at $2,700 Target

Gold price eased on Friday after the metal hit new record high on Thursday, with end-of-week partial profit taking being behind the move. Pullback was so far shallow and the price unlikely to make a Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Japanese Yen Soars as Tokyo Core CPI Falls to 2%

The Japanese yen is sharply higher on Friday. USD/JPY is trading at 143.49 in the European session, down a massive 1.1%. Tokyo Core CPI matches BoJ’s target Tokyo Core CPI, which excludes fresh food, slowed Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

EUR/USD Sees Recovery as Market Sentiment Shifts Against USD

EUR/USD concluded a stable week, trading around the 1.1170 mark, despite earlier momentum favoring the US dollar. Earlier in the week, the dollar surged—its fastest pace since early June—as markets anticipated insights from key Federal Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Eurozone economic sentiment dips slightly to 96.2

Eurozone Economic Sentiment Indicator fell slightly from 96.5 to 96.2 in September. Employment Expectations Indicator ticked up from 99.4 to 99.5. Economic Uncertainty Indicator rose from 17.5 to 17.8. Industry confidence fell from -9.9 to Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Crypto Market and Bitcoin Break the Months-Long Downtrend

Market Picture The cryptocurrency market went on to break previous peaks at the end of August, adding over 2.8% in 24 hours to reach 2.29 trillion, a high of almost two months. This rise confirmed Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Will AUDUSD Rally Pause Prove Temporary?

AUDUSD continues to experience high volatility It tests the resistance set by a long-term trendline Momentum indicators send a mixed message  AUDUSD is trading sideways today, following three very volatile sessions that pushed it to Read more…

By , 1 year ago September 27, 2024

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