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EUR/USD hits monthly peak before US jobs report and tariffs decision

EUR/USD hits monthly peak before US jobs report and tariffs decision

The EUR/USD is currently sitting at a monthly low of 1.1640, indicating a potential decline of 0.6% this week. Surprisingly, markets seem to be overlooking the strong Eurozone retail sales data while the US dollar continues to gain traction in uncertain conditions. All eyes are on the upcoming US non-farm payrolls (NFP) report and President […]

GBP/USD stabilizes under the mid-1.3400s as traders watch for US jobs report

GBP/USD stabilizes under the mid-1.3400s as traders watch for US jobs report

The GBP/USD currency pair is currently in a state of consolidation, hovering around 1.3435 during Friday’s Asian trading session. This level is just above the weekly low that was tested the day before. Traders seem somewhat passive at the moment, possibly opting to wait before making any major moves ahead of the eagerly awaited U.S. […]

Australian Dollar continues to be weak after China’s CPI report

Australian Dollar continues to be weak after China's CPI report

The Australian dollar (AUD) has declined against the US dollar (USD) for the third consecutive session on Friday, still feeling the effects of recent economic data from China, which is a key trading partner for Australia. In December, China’s consumer price index (CPI) saw a 0.8% year-on-year increase, a rise from 0.7% in November, but […]

Mike McDaniel Surprised by His Firing, Likely to Stay with Dolphins: REPORT

Mike McDaniel Surprised by His Firing, Likely to Stay with Dolphins: REPORT

Miami Dolphins Fire Head Coach Mike McDaniel New information has emerged about the Miami Dolphins’ decision to let go of head coach Mike McDaniel. Team owner Stephen Ross announced on Thursday that the franchise would be moving forward without their head coach. “After a careful postseason evaluation and extensive discussion, we determined that our organization […]

Expected December job cuts fall to the lowest point in 17 months, according to a report

Expected December job cuts fall to the lowest point in 17 months, according to a report

December Layoffs Reach 17-Month Low The number of planned layoffs in December dropped to the lowest level seen in 17 months, suggesting a potential stabilization in the labor market following a wave of significant job cuts earlier this year. According to a report from Challenger, Gray & Christmas, U.S. employers announced a total of 35,553 […]

Authorities in Minnesota report that the Trump administration has taken control of the investigation into a shooting involving ICE.

Authorities in Minnesota report that the Trump administration has taken control of the investigation into a shooting involving ICE.

Federal Authorities Block Minnesota Law Enforcement from Accessing Case Materials The Minnesota Bureau of Criminal Enforcement (BCA) reported on Thursday that federal officials have restricted access for state law enforcement to documents concerning the shooting death of a driver by an immigration officer. Initially, the Department of Justice (DOJ) intended to collaborate with the BCA […]

Two People Killed After Shooting at a Funeral Service, Authorities Report

Two People Killed After Shooting at a Funeral Service, Authorities Report

Shooting at Memorial Service in Utah Church On Wednesday night, a memorial service at The Church of Jesus Christ of Latter-day Saints in Salt Lake City, Utah, was marred by a shooting that left two people dead and injured at least six others, according to authorities. The Salt Lake City police reported that three of […]

Gold price update for Thursday, January 8: Gold dips a bit following ADP jobs report

Gold price update for Thursday, January 8: Gold dips a bit following ADP jobs report

Gold Futures Update On Thursday, gold futures began at $4,467.10 per troy ounce, a slight increase of 0.1% compared to Wednesday’s closing price of $4,462.50. However, since the market opened, gold prices have dipped by 0.89%. The ADP jobs report from Wednesday indicated that the U.S. economy added 41,000 jobs in December. This follows a […]