Interest deductions You’re allowed to take a tax deduction for some types of interest payments, but unfortunately, credit card interest is not among them. The tax code classifies the interest you pay on credit cards Read more…
The Australian dollar has fallen almost 1% after the US nonfarm payrolls and has given up today’s earlier gains. In the North American session, AUD/USD is trading at 0.6644, down 0.40%. The US dollar has Read more…
Daily Pivots: (S1) 1.0810; (P) 1.0843; (R1) 1.0905; More… EUR/USD falls sharply in early US session but stays above 1.0779 temporary low. Intraday bias remains neutral first. On the downside, below 1.0779 will resume the Read more…
Daily Pivots: (S1) 1.2661; (P) 1.2708; (R1) 1.2792; More… Range trading continues in GBP/USD with today’s sharp fall, and intraday bias remains neutral. Consolidation from 1.2826 could still extend further, and deeper fall cannot be Read more…
Daily Pivots: (S1) 0.8549; (P) 0.8599; (R1) 0.8628; More…. USD/CHF rebounds notably today but stays in range below 0.8727. Intraday bias remains neutral first. On the upside, firm break of 0.8727 will resume the rebound Read more…
Daily Pivots: (S1) 145.85; (P) 146.48; (R1) 147.07; More… USD/JPY’s strong rebound today maintains its near term bullishness. Focus is turning to 148.79 resistance. Firm break there will confirm that correction has completed at 145.88, Read more…
Dollar is staging a significant rebound in early US session, fueled by unexpectedly robust Non-Farm Payroll data. This surge was mirrored by a sharp increase in 10-year treasury yield, which is on the verge of Read more…
The U.S. economy added another massive round of January jobs gains, data indicated Friday, confounding economists’ forecast for a labor market slowdown and adding further fuel to concerns that inflation pressures could resurface over the Read more…
US Non-Farm Payroll employment rose 353k in January, significantly surpassing expectation of 178k. Prior month’s growth was also revised sharply higher from 216k to 333k. Both were well above monthly average of 255k growth in Read more…
BoE Chief Economist Huw Pill articulated a cautious stance on the prospect of interest rate cuts, noting that such a move remains “some way off.” He underscored the absence of adequate evidence suggesting a trajectory Read more…