Hopes that inflation is finally cooling down led traders to unwind bets that the Fed will raise rates beyond 5%, dealing a heavy blow to the US dollar last week. The next event is the retail sales report this week. It will reveal how demand is holding up, helping investors decide whether the selloff in […]
The post Wounded US Dollar Turns to Retail Sales for Direction appeared first on Action Forex.
If your grocery bill has felt heavier lately, your morning coffee is part of the reason. The average price of ground roast coffee hit $9.46 per pound in February, a new all-time high, according to Read more…
The Federal Reserve’s divisive vote to hold interest rates steady March 18 underscores the central tension now driving U.S. monetary policy. Investors are no longer debating whether risks to the Fed’s dual mandate exist, but Read more…
You elected the Roth option for your employer match because you wanted tax-free growth for your retirement savings. Your paycheck looked the same, your 401(k) balance kept climbing, and everything appeared to be running smoothly. Read more…