EUR/USD pulls back as investors await US consumer sentiment information
The EUR/USD pair is showing signs of a slowdown as the US trading session approaches on Friday. Currently, it is hovering just above the 1.1560 mark, having pulled back from earlier highs of about 1.1590. This week, the currency has seen a decline of more than 1.4%, with markets focusing on the Michigan Consumer Confidence […]
US Dollar gains slow down before consumer confidence report
Key Updates for Friday, October 10th The U.S. dollar (USD) saw a slight retreat after four consecutive days of gains, as investors awaited preliminary results for the University of Michigan’s Consumer Sentiment Index for October. Later, Statistics Canada is set to release employment figures for September. USD Price This Week This week, the U.S. dollar […]
$50M Series B Supports Yendo’s AI Credit Platform Tapping into $4T in Consumer Assets
Fintech Innovator Secures $50 Million for Expansion into Digital Banking Dallas, October 10, 2025 — Yendo, the creator of the first vehicle-secured credit card, has successfully raised $50 million in a Series B funding round. Investors in this round include Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Mark Cuban, and Clocktower Technology Ventures. […]
Consumer confidence in the US falls again as people worry about prices and the job market
U.S. Consumer Confidence Drops Amid Economic Concerns WASHINGTON (AP) — U.S. consumer confidence has once again taken a hit as concerns about inflation and a softening job market continue to rise. On Tuesday, a conference committee announced that its consumer confidence index decreased by 3.6 points, landing at 94.2 in September. This marks the lowest […]
Market Update: Stocks rise following PCE inflation and Consumer Sentiment reports meeting expectations
Market Updates for September 26, 2025 Happy Friday! It’s September 26th, and the stock market today is showing some positive movement. The Standard & Poor’s 500 index rose by 0.6%, bringing it to 6,644. Similarly, the Nasdaq Composite climbed 0.4% to reach 22,484, while the Dow Jones Industrial Average gained 308 points, or 0.7%, putting […]
Australian Dollar strengthens after Monthly Consumer Price Index data
The Australian Dollar Rises After CPI Release The Australian dollar gained ground following the release of the monthly consumer price index (CPI) on Wednesday. The CPI in Australia increased by 3.0% year-on-year in August, up from a previous 2.8% in July. Federal Reserve Chairman Jerome Powell indicated that further rate cuts could be on the […]
Robert Humann appointed CEO of Fox Corporation’s Credible consumer platform
Changes at Fox Corporation Jeremy Siegel, the chief economist at Wisdomtree, has recently highlighted key points on “Maria Bartiromo’s Wall Street,” particularly regarding the latest reductions in Federal Reserve rates. In a notable announcement on Monday, Fox Corporation named Robert Haman as the new CEO of its Consumer Finance Technology platform. Haman, who previously served […]
Euro drops below 1.1750 as Eurozone consumer confidence and comments from the Fed approach
The EUR/USD pair is projected to drop to approximately 1.1730 during the early European sessions on Monday. Last week, the Federal Reserve implemented interest rate cuts while indicating a gradual approach to future changes, which has bolstered the US dollar. ECB Vice President De Guindos mentioned that the bank may not have completed its series […]
EUR/USD further declines below 1.1750 before Eurozone Consumer Confidence report
The EUR/USD is likely to drop as the US dollar maintains its positive momentum on Monday. The dollar will strengthen further since Federal Reserve Chairman Powell indicates there’s no urgency to adjust interest rates soon. Preliminary consumer confidence in the eurozone for September is projected to be at -15.4, showing a slight rise from -15.5 […]
Consumer Confidence Dips to a Four-Month Low as Americans Concerned About Jobs and Inflation
In September, consumer confidence hit its lowest point in four months, based on preliminary data shared on Friday, as many Americans voiced concerns about job security and the persistence of high prices. The University of Michigan’s consumer sentiment index dropped from 58.2 in August to 55.4 in September, falling short of economists’ forecasts. Research director […]