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Month: October 2024

Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8579; (P) 0.8594; (R1) 0.8624; More… Intraday bias in USD/CHF remains mildly on the upside with 0.8529 minor support intact. Rebound from 0.8374 is in progress for 38.2% retracement of 0.9223 to Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

US: Progress on Inflation Front Stalls in September, Supporting Smaller 25bps Cut in Nov

The Consumer Price Index (CPI) rose 0.2% month-on-month (m/m) in September, a tenth of a percentage point (pp) above the consensus forecast. On a twelve-month basis, CPI fell to 2.4% (from 2.5% in August). Energy Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.43; (P) 148.89; (R1) 149.78; More… USD/JPY dips in early US session but stays above 147.33 minor support. Intraday bias stays on the upside, as rise from 139.57 short term bottom is Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

Dollar Struggles for Direction Amid Mixed Signals: Strong Inflation vs. Weak Jobs Data

Dollar is struggling to find a clear direction after a set of contrasting economic data sent mixed signals to the markets. On one side, inflationary pressures remain elevated, especially with core inflation ticking up, signals Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

MSC Cruises bringing world record program to its entire fleet

World records tend to be two clearly different categories. First, there are the ones at the Olympics or other sporting events. Second, are the sometimes more dubious ones as cataloged by Guinness World Records. These Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

US CPI slows to 2.4% yoy in Sep, but core CPI rises to 3.3% yoy

US CPI rose 0.2% mom in September, above expectation of 0.1% mom. CPI core (less food and energy) rose 0.3% mom, above expectation of 0.2% mom, and Shelter costs rose 0.2% mom. Food prices rose Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

US initial jobless claims surges to 258k, highest since mid-2023

US initial jobless claims jumped sharply by 33k to 258k in the week ending October 5, well above expectation of 231k. That’s also the highest level since mid-2023. Four-week moving average of initial claims rose Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

Going to Disneyland is about to get (even) more expensive

While California’s Disneyland and Florida’s Walt Disney World  (DIS)  are some of the most beloved theme parks in the country, the high cost of attending one with the family is the primary reason many never Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

Ticketmaster 1099-K: A guide to 1099-K reporting for sellers

Key takeaways For the 2024 tax year, you should get a Form 1099-K from Ticketmaster if you receive more than $5,000 from reselling tickets through them during the year.You’re only taxed on the profit you Read more…

By , 1 year ago October 10, 2024
Cryptocurrencies

ECB Minutes: Caution on inflation as rate cuts expected to continue

Following the ECB’s 25bps rate cut in September, the minutes reveal a cautious stance on future monetary easing, emphasizing the need to rely on a broader evaluation of data, rather than any single metric. While Read more…

By , 1 year ago October 10, 2024

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