EUR/USD climbs for a third consecutive day as the US dollar weakens.
EUR/USD Breaks 1.1300 Mark The EUR/USD climbed above 1.1300 on Wednesday. Market sentiment soured towards the US dollar after a rise in Treasury yields and falling bond demand. PMI reports are set to come out on Thursday from both the US and Europe. The EUR/USD pair gained traction on Wednesday, surpassing the 1.1300 level. This […]
Inflation Climbs to Its Highest Level in 15 Months as Utility Costs Rise
UK Inflation Rate Hits High in April In April, the UK’s annual inflation rate peaked, primarily driven by rising household energy and water costs, as indicated by new official data released on Wednesday. The consumer price index soared to 3.5% last month, a significant increase from 2.6% in March, according to the National Bureau of […]
GBP/USD Price Outlook: Climbs toward February 2022 highs near 1.3450
GBP/USD encounters immediate resistance at 1.3445, marking the peak since February 2022. The 14-day relative strength index (RSI) rises above 50, reinforcing the bullish sentiment. Initial support is identified at the 9-day EMA of 1.3339. The GBP/USD pair is expected to continue its positive trend for the third day in a row, hovering around 1.3430 […]
EUR/USD climbs close to 1.1200 as the US Dollar weakens due to budget worries.
The US dollar is expected to strengthen even as it weakens in light of a downgrade in the US credit rating. Moody’s anticipates a significant increase in US federal debt, projecting it to reach about 134% of GDP by 2035, up from 98% in 2023. There are hopes for another interest rate cut from the […]
Bitcoin Climbs as Wall Street Solidifies ‘Liberation Day’ Recovery Following Positive Jobs Report – Decrypt
Simply put Bitcoin has climbed above $97,000. Stronger-than-expected job reports have led to discussions about interest rate cuts. US stocks have bounced back following Trump’s “liberation day” announcement. Bitcoin’s price action was set aside until Friday as investors reacted to robust employment reports, which contrasted with some indications of an economic slowdown. As per a […]
Death toll from Dominican Republic nightclub roof collapse climbs to 225 as 4 die from injuries: officials
Four people hospitalized in a Dominican Republic nightclub with injuries caused by roof collapse died overnight, bringing the death toll to at least 225, health officials said on Saturday. Of the more than 200 injured, 15 remain hospitalized, including five in dangerous conditions, officials said. A total of 189 people have been rescued from the […]
Inflation outlook climbs after new tariffs
Inflation outlook has risen in the minds of both consumers and the Federal Reserve after President Donald Trump imposed a general tariff of 10% this week and triple-digit tariffs on US trading partner China. New York President John Williams I said it on Friday He expects inflation to rise to 3.5-4% this year. “We expect […]
USD/CAD climbs above 1.4300, upside potential appears as Trump’s tariff announcement looms – FXStreet
USD/CAD benefits will be supported amid increased risk aversion ahead of Trump's scheduled tariff announcement on April 2nd. The Canadian dollar has been strengthened, as Trump suggested that many countries could receive exemptions. The S&P Global US Services PMI jumped to a three-month high of 54.3 in March, rising from 51.0 in February. USD/CAD traded […]
FCC chairman climbs WKRG broadcast tower to highlight, promote industry
Fort Spain, Alabama (WKRG) – Federal Communications Commission Chairman Brendan Kerr is on mission straight to the top of WKRG News 5's 1,865-foot high-rise broadcast tower. Tapped to lead the committee by President Trump, Carr traveled to Spanish Fort to the Fog Fort Monday morning to highlight an industry that many people don't know existed. […]
Brendan Carr Climbs Above The Clouds To Celebrate One Of Scariest, Hardest Jobs In World
Federal Communications Commission (FCC) Chairman Brendan Kerr went to social media on Monday to share his own video in the clouds to celebrate what he considers as “one of the toughest jobs.” did. Kerr posted a video showing him climbing a 1,800-foot tower with his crew. The footage reveals a breathtaking view from above the […]