Author: hadi

Global oil reserves are falling due to the closure of the Strait of Hormuz. Several buffers have prevented oil prices from soaring. Oil is in a race against time. The longer the Strait of Hormuz Read more…

For years, Wall Street evaluated companies through a familiar set of lenses: revenue growth, earnings performance, and market share expansion. Balance sheet management was a back-office function. Treasury strategy was something CFOs handled quietly while Read more…

Daily Pivots: (S1) 1.6169; (P) 1.6231; (R1) 1.6262; More… EUR/AUD’s fall from 1.6842 resumed after brief consolidations and intraday bias is back on the downside. Decisive break of 1.6125 will resume larger fall from 1.8554. Read more…

Daily Pivots: (S1) 1.1709; (P) 1.1748; (R1) 1.1775; More…. Intraday bias remains neutral as EUR/USD is still bounded in range trading. Further rise is expected with 1.1642 support intact. On the upside, firm break of Read more…

Daily Pivots: (S1) 0.7770; (P) 0.7796; (R1) 0.7827; More…. No change in USD/CHF’s outlook as range trading continues, and intraday bias remains neutral. With 0.7847 resistance intact, further decline is expected. On the downside, decisive Read more…

Daily Pivots: (S1) 156.96; (P) 157.36; (R1) 157.99; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. On the downside, below 156.77 minor support will bring retest of 155.01. Firm break there will Read more…

If you’re worried that Social Security is going bankrupt, here’s some good news: It is very unlikely to happen. Social Security is funded primarily by payroll taxes. The money that gets taken out of your Read more…

Dollar stayed broadly firm after another major upside surprise in US inflation data reinforced expectations that the Federal Reserve will need to keep policy restrictive for longer. Sterling, meanwhile, remained under heavy pressure as Britain’s Read more…

Money stress has become a constant issue for millions of Americans, even for people earning more than they did just a few years ago. Budgets are tighter, economic uncertainty remains elevated, and many households feel Read more…

US producer prices surged far more than expected in April, reinforcing concerns that inflation pressures are broadening across the economy and strengthening the case for the Federal Reserve to keep policy restrictive for longer. Headline Read more…