Salaries of Alaska Airlines pilots disclosed — and the figures are surprising

Salaries of Alaska Airlines pilots disclosed — and the figures are surprising

Alaska Airlines pilots are flying high in more ways than one. A recent agreement has significantly boosted pilot salaries at Alaska Airlines, positioning them among the top earners in the industry. Starting pay for first officers, or co-pilots, is now around $119.92 per hour. This translates to about $107,900 annually, assuming around 75 flight hours […]

EUR/USD remains stable, unaffected by disappointing Eurozone manufacturing figures

EUR/USD remains stable, unaffected by disappointing Eurozone manufacturing figures

On Monday, the euro (EUR) was nearly unchanged against the US dollar (USD), trading at around 1.1865. The factory output figures from the Eurozone for December reflected expectations of a significant drop, yet the currency pair didn’t see much movement, likely due to lower trading volumes. Data from Destatis revealed that Eurozone industrial production dipped […]

Asia-Pacific FX news summary: Yen weakened due to disappointing GDP figures

Asia-Pacific FX news summary: Yen weakened due to disappointing GDP figures

Japan’s bear market has shifted, showing optimism in the yen’s strength against currencies like the dollar, pound, and franc, with an 8% increase confirmed against the Swiss franc. Today at 5 PM Tokyo time, Japan’s Prime Minister and the Governor of the Bank of Japan, Ueda, are set to meet. Westpac is aiming for long-term […]

S&P Futures Decrease as Attention Turns to Important U.S. Inflation Figures

S&P Futures Decrease as Attention Turns to Important U.S. Inflation Figures

March S&P 500 E-Mini Futures (ESH26) are down by 0.33% this morning as investors seem hesitant to make any moves ahead of the release of crucial US inflation data. Yesterday saw Wall Street’s main indexes close lower. Stocks from the so-called Magnificent Seven took a hit, with Apple (AAPL) sliding by 5% and Tesla (TSLA) […]

Foreign Exchange Today: Attention turns to Eurozone GDP and US inflation figures

Foreign Exchange Today: Attention turns to Eurozone GDP and US inflation figures

Market Overview – February 13th Here’s a brief update on the financial landscape as we head into Friday. The U.S. dollar (USD) showed a slight recovery early on Friday after facing some indecision towards the end of the week. Eurostat is set to release the initial GDP figures for the fourth quarter during the European […]

What to Anticipate for Bitcoin and Crypto Before This Week’s Inflation Figures

What to Anticipate for Bitcoin and Crypto Before This Week's Inflation Figures

Simply put In January, employment saw an increase of 130,000, which has raised hopes that the U.S. Federal Reserve will keep interest rates steady for now. Futures markets have shifted their expectations for rate cuts to the latter half of the year, tightening financial conditions despite some signs that inflationary pressures are easing. Bitcoin has […]

EUR/USD stabilizes around 1.0900 as traders anticipate US Retail Sales figures

EUR/USD stabilizes around 1.0900 as traders anticipate US Retail Sales figures

During Asian trading on Tuesday, the EUR/USD currency pair is fluctuating within a narrow band, building on the substantial gains seen over the last couple of days. Currently, spot prices hover around the 1.1900 level, slightly below the peak reached earlier. The US dollar has bounced back from its recent plunge to a six-day low, […]