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USD/CHF holds around 0.8073, trapped in a tight range with buyers and sellers lacking momentum ahead of Fed events.Technical outlook shows pair supported by 20/50-day SMAs, with 0.8100 resistance key for any upside continuation.Break below 0.8053 could spark further weakness, exposing July 22 low at 0.7918 as next downside target.The USDCHF ended Monday’s session with minimal gains, yet it consolidated around the 0.8070 figure for the third straight day. At the time of writing, the pair trades at 0.8073, virtually unchanged.The lack of economic data across both sides of the Atlantic keeps traders adrift to geopolitical developments. Also, the release…
Autonomous vehicles are gaining speed — and Tesla and Uber have the inside lane. And pay attention to Nvidia and other AV infrastructure plays.
Government currency debasement steals your wealth and erodes your purchasing power, but there is a situation in which you can use the devaluation of our money to your advantage. If you have to pay a fine and want to make a point. That’s exactly what a Maine man did. When the city of Palermo fined Kirk Sherman $20,000 for disturbing wetlands on his waterfront property, he ponied up. But he paid the penalty using loose change. The pile of coins weighed in at over 12,000 pounds. Sherman and his partner said they approached the city before purchasing the land. “[Palermo’s…
The slides are an increasingly popular attraction on many of the mega vessels operated by cruise lines.
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive statements. Trump and Putin both delivered vague promises of “progress” on multiple fronts, but initial details remain light. Now, President Trump will be pivoting to hand-delivering Russia’s peace proposals on Ukraine to both the Ukrainian and European Union government bodies.Key Putin highlightsMeeting has been long overdue.Ukraine situation was one of key issues.Ukraine war is a tragedy, great pain for usAgree with trump, Ukraine security must be guaranteed.Hope Kyiv and Europe will view agreements positively.Today’s…
From ‘affluenza’ to abundance: How to teach heirs to value their privilege — and your money
Newsquawk Week Ahead Highlights: 18-22nd August 2025 – Forex Trading Forum “> “>
The hype surrounding the historic summit Friday between U.S. President Donald Trump and Russian President Vladimir Putin makes clear that Russia — even under global sanctions — remains a powerhouse in the energy market.
President Richard Nixon announcing the end of Dollar convertibility On August 15th, 1971, U.S. President Richard Nixon ended the dollar’s convertibility to gold, bringing an abrupt end to the last vestige of the international gold standard. Why? And what led up to this? Let’s dive in. Context: Bretton Woods Bretton Woods Conference, July 1944. UN Photo In 1944, as the second World War came to an end, 44 Allied nations met in Bretton Woods, New Hampshire, to design a new global monetary system — one that would attempt to prevent the currency chaos and competitive devaluations that had helped fuel…