The Norwegian central bank raised the interest rates by 50bp yesterday and said that there will be a similar move in September, to tackle the soaring inflation in Norway. The Philippines hiked by 50bp as well, to cool inflation. That was the fourth rate hike this year in Philippines. The Federal Resevre (Fed) minutes released […]
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Daily Pivots: (S1) 158.68; (P) 159.21; (R1) 159.58; More… USD/JPY is extending consolidations below 159.74 and intraday bias remains neutral. On the upside, above 159.74 will target a retest of 161.94. Firm break there will Read more…
The global markets are holding in limbo today as the initial surge in geopolitical risk faded and attention shifted back toward the upcoming Fed decision tomorrow. While tensions in the Middle East remain elevated, price Read more…
For Americans considering retirement abroad without leaving the U.S. financial system, Puerto Rico often appears near the top of the list. The Caribbean island offers tropical weather, a vibrant culture and the familiarity of a Read more…