Author: Admin
US Dollar (USD) hovers near recent high but failed to make much headway. Uncertainty over Dec meeting outcome continues to swing sentiments. Dollar Index (DXY) last seen at 100.18 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.DXY trades around 100.18 as Fed cut odds swing”Overnight, Waller and Daly supporting Dec cut, further helped to boost Dec rate cut probability back to 77%. Despite the swings, the quantum of cut from now till end-2026 remained relatively steady at around 90bps cumulative of cuts. ‘Noise’ from Fedspeaks should diminish as there is no more scheduled Fedspeaks this week while Fed…
“Our retirement funds include $2.5 million in a traditional IRA and $250,000 in a Roth IRA.”
GBP/USD Price Forecast: Looks to build on move beyond 1.3100; not out of the woods yetThe GBP/USD pair reverses a modest Asian session dip and climbs back above the 1.3100 mark in the last hour amid a modest US Dollar (USD) downtick on Monday. However, the uncertainty surrounding the upcoming UK budget and rising bets for an interest rate cut by the Bank of England (BoE) next month should act as a headwind for spot prices. Read more…GBP/USD: Likely to trade between 1.3065 and 1.3125 – UOB GroupPound Sterling (GBP) could trade between 1.3065 and 1.3125. In the longer run,…
U.S. stock futures rose Sunday, in hopes of building on Friday’s rebound, as investors await the start of the critical holiday shopping season following a wild week on Wall Street.
Week Ahead: 24-28th November 2025 Highlights include US Retail Sales, RBNZ, UK Budget, Australian CPI, Tokyo CPI UK Budget MON: Bank of Israel Announcement; German Ifo (Nov), US National Activity Index (Oct), Dallas Fed Manufacturing Index (Nov) TUE: PBoC MLF; US Consumer Confidence (Nov), Richmond Fed (Nov), US Retail Sales (Oct) WED: RBNZ Announcement, UK Autumn Budget; Australian CPI (Oct), US Dallas Fed (Oct) THU: US Thanksgiving, ECB Minutes (Oct), BoK Announcement; Chinese Industrial Profit (Oct), German GfK (Dec), EZ M3 (Oct), Consumer Confidence Final (Nov), Japanese Tokyo CPI (Nov), Industrial Profit (Oct), Retail Sales (Oct) FRI: German Import Prices…
“‘I also borrow against bitcoin. What’s the catch?”
EUR/USD posts moderate losses during the North American session on Friday as the US Dollar (USD) holds firm after the release of mixed economic data and dovish comments by Federal Reserve (Fed) officials. The pair trades at 1.1504, down 0.20%, after hitting a two-week low of 1.1491.Euro retreats 0.20% as weak US sentiment contrasts with firmer PMIs, markets rise December cut oddsData in the US was mixed, yet the economy shows signs of resilience. The S&P Global Manufacturing and Services PMIs were mixed in November but revealed that business confidence had improved.Other data showed that American households turned pessimistic about…
“The company changed names several times, and it was very difficult tracking them down for payment of benefits.”
Trading vs. Gambling Pros and cons of forex trading The rise of online gambling has sparked widespread discussions on its impact, especially as it becomes easier to place bets on virtually every part of a sporting event or even non-sporting activities. I’m reminded of an interview I gave to Newsweek, where I stated: “Those who approach forex trading like they would a casino are bound to experience the same results as someone gambling in Las Vegas. However, treating forex trading like a business—complete with sound money management—significantly increases the chances of long-term success.” Is Trading the Same as Gambling?…
ConEd’s stock dropped as the utility company’s rates got the attention of the president and New York City’s mayor-elect.