Key takeaways Employees are no longer required to claim withholding allowances on IRS Form W-4. Prior to 2020, workers claimed allowances on the form to determine tax withholdings from their paycheck. Each allowance reduced the Read more…
BoJ may shake the market with a rate hike The bank plans to unveil a strategy to roughly halve bond Yen recoups some losses with notable bullish correction Decision is due on Wednesday at 03:00 GMT Read more…
Fed meeting and Middle East developments in the foreground Tuesday’s eurozone GDP figures could produce a surprise Wednesday’s inflation report unlikely to unsettle ECB expectations Euro remains under pressure against the pound Fed meeting overshadows Read more…
If you are deciding if to buy a home or sell one, what the Federal Reserve does with interest rates this week and in the coming months will definitely affect you. The central bank will Read more…
Markets Today has mostly been a waiting game in the run-up to an economic calendar that shifts into higher gear starting from tomorrow. The were few to no signs of worry about a potential escalation Read more…
Wall Street faces its sternest test of the year this week as four of the market’s biggest stocks, all of which operate in its most important sector, prepare to publish quarterly earnings over the coming Read more…
USDJPY caught in a battle to overcome 20-period SMA Near-term momentum is positive but weak Bulls face an uphill struggle to regain control USDJPY has started the week on a somewhat positive note but it’s Read more…
Fundamental Analysis In the absence of high-impact data on Monday, July 29, 2024, market sentiment is focused on the key data releases for the week. First, the Federal Reserve’s interest rate decision is set for Read more…
Daily Pivots: (S1) 152.96; (P) 153.85; (R1) 154.59; More… No change in USD/JPY’s outlook and intraday bias remains neutral for consolidation above 151.93. Further decline is expected as long as 155.36 support turned resistance holds. Read more…
Daily Pivots: (S1) 0.8812; (P) 0.8828; (R1) 0.8853; More… No change in USD/CHF’s outlook and intraday bias stays neutral for consolidations above 0.8776 temporary low. Further decline is expected as long as 0.8923 resistance holds. Read more…