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Yen falls to its lowest point in nine months as traders look for an end to the US shutdown

Yen falls to its lowest point in nine months as traders look for an end to the US shutdown

SINGAPORE The yen, often viewed as a safe haven currency, has dropped to its lowest level since February as traders expect an end to the prolonged U.S. government shutdown. Meanwhile, other risk-sensitive currencies have shown some strength against the dollar. The euro has remained steady at $1.1555, and the British pound has been gradually climbing, […]

The UK has the lowest state pension benefits among G7 nations.

The UK has the lowest state pension benefits among G7 nations.

The state pension in the UK ranks as the lowest among the G7 countries, according to recent analysis. Research from Fidelity International indicates that UK pensioners receive merely 22% of their pre-retirement earnings from the state pension, which pales in comparison to the 76% provided in Italy. Marianna Hunt, a personal finance expert at Wealth […]

GBP/USD stays close to its lowest level since April 14, beneath the mid-1.3100s

GBP/USD stays close to its lowest level since April 14, beneath the mid-1.3100s

The GBP/USD pair is off to a slow start this week, lingering below the mid-1.3100 range and lingering near its lowest point since April 14, which it hit last Friday. The current market environment seems to favor bearish traders, suggesting that the established downtrend from the past month and a half may continue. After Federal […]

Mortgage rates decline to their lowest points of 2025

Mortgage rates decline to their lowest points of 2025

Mortgage Rates Hit Yearly Low This week, mortgage rates have dropped to their lowest point of the year. According to Freddie Mac’s latest Primary Mortgage Market Survey, the average interest rate for a 30-year fixed mortgage went down to 6.19%, down from 6.27% the previous week. To give some context, a year ago—on October 24, […]