GBP/USD remains under 1.3200 before US NFP data
The GBP/USD pair is set to decline further, hovering around 1.3195 during the Asian trading session on Friday. The Bank of England (BOE) may lower bank fees from 4.25% to 4.0% next week. Trump has maintained a global tariff rate at a modest 10%. During Friday’s Asian session, the GBP/USD exchange rate is expected to […]
Gold remains steady above a one-month low as traders appear hesitant before the US jobs report.
Gold Prices Struggle Amidst USD Strength Gold prices have faced challenges in making gains overnight due to the Fed’s recent moves. The USD has reached new highs, limiting the potential for precious metals to rise. Market uncertainty is creating a favorable environment for the XAU/USD pair as traders await US NFP data. During the Asian […]
Bitcoin’s price remains stable, but a surge may be on the horizon.
Key Points: Bitcoin remains trapped within an 18-day trading range, recently dipping below $116,000. The uncertainty around US regulators and the Trump administration’s pro-crypto stance has made traders feel uneasy. Bitcoin (BTC) took a hit after the Federal Reserve’s FOMC minutes were released, particularly following Chairman Jerome Powell’s press conference. This drop came as the […]
Liberal media remains quiet on the troubling findings in the released Durham annex.
The CIA’s director, John Ratcliffe, hinted at the release of previously classified information on Sunday, relating to what he described as the “Hillary Clinton Project to falsely accuse Donald Trump of Russian conspiracy.” A few days later, on Thursday, he provided additional insights to Senator Chuck Grassley and the public, supplementing the 2023 Durham Report, […]
Core PCE inflation remains steady at 2.8% in June, compared to the expected 2.7%
Core PCE inflation in June remained steady at 2.8% The US dollar index is hovering just below 100.00. According to a report from the U.S. Bureau of Economic Analysis, annual inflation in the U.S. rose from 2.4% in May (which was revised from 2.3%) to 2.6% in June. This figure surpassed market predictions, which were […]
Australian Dollar remains steady after Retail Sales and China’s PMI figures are released.
The Australian dollar holds steady as retail sales experienced a rise of 1.2% month-over-month in June, significantly surpassing the anticipated 0.4% increase. The NBS Manufacturing Purchase Managers Index in China dropped to 49.3, while the non-manufacturing PMI eased to 50.1 in July. The Federal Reserve maintained benchmark interest rates in the range of 4.25%-4.5% during […]
Person seen in NYC with ‘long rifle’ actually carried a paintball gun — but remains under arrest
A known criminal was spotted in a Bronx neighborhood carrying what appeared to be a long rifle, but it turned out to be a paintball gun. Police sources indicated on Wednesday that he still faced criminal charges. Rodney Lance, 42, was seen strolling through Mount Eden around 12:30 PM, holding the suspected weapon in his […]
Zohran Mamdani unexpectedly retreats from his unpopular ‘defund’ position during the NYC mayoral campaign, yet remains committed to eliminating a prestigious NYPD unit.
Democratic socialist Zohran Mamdani reaffirmed his controversial “refund” position on Wednesday following a tragic mass shooting in midtown that resulted in four fatalities, including police officers. “I’m not advocating for a refund of the police,” he stated clearly. However, during a press conference, when asked about the fate of the elite NYPD Strategic Response Group […]
Grassley remains firm on blue slip rules despite pressure from Trump
President Donald Trump is putting pressure on Republican leaders within the Senate Judiciary Committee to push through his judicial appointments and change long-standing Senate procedures. Despite his efforts, some lawmakers seem unconvinced. On Tuesday night, he urged Iowa Senator Chuck Grassley to “bring on the courage” to eliminate the “blue slip” tradition, which allows senators […]
Australian Dollar stays weak while US Dollar remains steady amidst trade optimism.
The Australian dollar is currently facing challenges as the US dollar gains traction, bolstered by optimism surrounding a trade agreement between the US and the European Union. US-China trade discussions are set to recommence on Tuesday. The Reserve Bank of Australia (RBA) is expected to closely observe employment data for June and inflation figures for […]