Author: Admin
“My 401(k) retirement planner shows I’ll likely be short $1,500 every month during my retirement.”
EUR/USD rallies from 1.1391 to 1.1554, gaining over 1% on Friday.July Nonfarm Payrolls show just 73K jobs added; May–June revisions slash 258K jobs.Fed funds futures price in 62 bps of easing by December; 76% odds of a September rate cut.EU inflation data beats forecasts: HICP at 2.4% YoY, core HICP steady at 2.0%.The EUR/USD surges more than 1% on Friday as the Greenback gets battered on a worse-than-expected jobs report in the United States (US), which triggered investors’ reaction to price in two interest rate cuts by the Federal Reserve (Fed). Data across the pond was shrugged off by traders,…
U.S. stock-market futures inched higher Sunday, after Wall Street ended last week with its worst session since April.
USD/JPY drops from 150.91 to 147.28 on soft Nonfarm Payrolls.Pair falls below 200-day and 20-day SMAs, RSI turns bearish.Next key support sits at 145.71, where 50- and 100-day SMAs converge.The USD/JPY is set to end the week with losses of 0.18% after a worse-than-expected employment report in the United States (US) opened the gates for safe-haven demand, pushing the Japanese Yen higher. This, along with falling US Treasury yields, sent the pair plummeting more than 2%, from around 150.91 to 147.28. At the time of writing, the pair trades at 147.38, near the weekly lows.USD/JPY Price Forecast: Technical outlookThe USD/JPY…
“I have heard mixed reviews on lending people money.”
Highlights include US ISM Services PMI, BoE, BoJ SOO, Canada & NZ Jobs, China Trade and OPEC+ Newsquawk Week Ahead Highlights: 4th-8th August 2025 SUN: OPEC+ meeting MON: US Employment Trends (Jun), US Durable Goods R (Jun) TUE: Chinese Final Caixin Services and Composite PMI (Jul), EZ/UK/US S&P Global Final Services and Composite PMIs (Jul), Canadian Trade Balance (Jun), US ISM Services PMI (Jul), New Zealand Jobs (Q2) WED: RBI Announcement, German Industrial Orders (Jun), EZ Construction PMIs (Jul), EZ Retail Sales (Jun) THU: BoE Announcement and MPR, CNB Announcement, Banxico Announcement, New Zealand Inflation Forecasts (Q3), German Trade…
For anyone who’s been feeling guilty about not looking for a new job lately, take a look at Friday’s jobs report and let go of those misgivings.
The Canadian Dollar caught a much-needed boost against the US Dollar on Friday.Bearish Loonie flows reversed direction after the US Dollar took a hit post-NFP.Souring US jobs data has knocked the Greenback sharply lower.The Canadian Dollar (CAD) came out on top after a messy US Nonfarm Payrolls (NFP) release shattered global positioning in the US Dollar (USD) on Friday. The Greenback fell across the board after US net job additions fell well short of expectations, with previous months facing sharp downside revisions. The Loonie has pared some losses against the USD, but still remains down sharply for the week.Canadian Dollar…
A job-training program for low-income older adults has lost funding just as new work requirements to qualify for benefits such as Medicaid and food assistance are set to begin.
The Swiss Franc stabilizes after a six-day losing streak, with markets turning cautious ahead of the August 1 US tariff deadline.USD/CHF eases modestly from a five-week high of 0.8151, despite strong US data and a hawkish hold from the Federal Reserve.SNB reports a loss of CHF 15.3 billion for the first half of 2025, primarily driven by a sharp decline in the US Dollar, wiping CHF 22.7 billion from the FX portfolio.The Swiss Franc (CHF) steadies against the US Dollar (USD) on Thursday, snapping a six-day losing streak as investors rotate back into the Franc amid renewed safe-haven demand. The…