Mortgage rates remain stable around 6.49% as housing affordability gets better.
Mortgage Rates and Housing Market Update Josh Altman, from Altman Brothers Real Estate, recently appeared on Varney & Company, where Governor Gavin Newsom spoke about his $11.2 billion bond plan aimed at increasing housing availability in California. Freddie Mac reported that mortgage rates saw a minor increase this week but have been mostly stable in […]
New Zealand Dollar remains stable despite weaker China CPI data
NZD/USD Movement Overview The NZD/USD pair has experienced a second consecutive day of gains, hovering around 0.5720 during Thursday’s Asian session. This uptick in the currency pair can be attributed to the New Zealand dollar’s (NZD) ongoing rise, influenced by recently released consumer price index (CPI) inflation data from China, a key trading partner. China’s […]
Buildings commissioner in New York City believes that the leaning Midtown building is becoming stable following urgent repairs.
Midtown High-Rise Stabilizing After Emergency Response Officials from the city’s Department of Buildings are optimistic that a buckled high-rise in Midtown, which faced a potential collapse, is now “becoming stable” following a night of emergency reinforcement work. Teams managed to secure the 37-story former Pfizer headquarters, located on East 42nd Street near Second Avenue, which […]
Stock futures remain relatively stable as investors consider Middle East tensions and anticipate Fed minutes: Live updates
Stock futures remained largely unchanged on Tuesday as investors were influenced by escalating tensions in the Middle East and increasing oil prices. They were also reviewing the minutes from the latest Federal Reserve meeting. The Dow Jones Industrial Average futures dropped by 29 points, while both S&P 500 and Nasdaq 100 futures fell around 0.1%. […]
Canadian Dollar remains stable as trade surplus and Fed outlook limit USD/CAD
As of Tuesday, the USD/CAD exchange rate was around 1.4205, showing little change for the day. This stability arises as investors weigh favorable economic data from Canada against a strengthening US dollar, bolstered by monetary policy anticipations and ongoing geopolitical tensions. Recent trade data from Canada surpassed expectations, with merchandise exports increasing by 0.9% in […]
Forex Today: US Dollar remains stable as Waller emphasizes commitment to tackling inflation
Here’s what you need to know on Monday, July 6th. The US Dollar Index (DXY) ended the day around the 100.90 mark, as investors reacted to some assertive remarks from Federal Reserve Governor Christopher Waller and solid US services data. Waller emphasized the Fed’s dedication to achieving a 2% inflation target, which he described as […]
US Dollar Index remains stable at the beginning of the week for US NFP data
The US dollar (USD) has kicked off the week on a stable note, with the US dollar index (DXY), which measures the dollar’s value against a basket of six major currencies, remaining steady at around 101.35. This week is significant because it will bring a slew of key US economic reports, particularly the June non-farm […]
Australian Dollar remains stable under 0.6900 due to uncertainty from US-Iran discussions
During the early hours of Monday’s Asian trading session, the AUD/USD pair remained relatively unchanged at around 0.6895. Traders are closely monitoring ongoing discussions between the United States and Iran aimed at resolving their conflict. The Reserve Bank of Australia (RBA) will release minutes from its latest monetary policy meeting on Tuesday. Additionally, market attention […]
Update: Japanese Yen remains stable as traders watch closely for possible intervention
USD/JPY Remains Steady Near Multi-Decade High The USD/JPY pair is holding steady close to a significant high of 161.75 in early trading on Thursday in Asia. Speculation is rife regarding potential currency intervention by Japanese officials, which might limit any upward movement for the pair. Japanese Finance Minister Satsuki Katayama and U.S. Treasury Secretary Scott […]
Dollar remains stable as initial US-Iran discussions conclude, pound falls amid Starmer doubts.
Dollar Steady as Iran Talks Begin, Yen Weakens SINGAPORE – The dollar remained stable on Monday as initial discussions between the United States and Iran boosted investor optimism about a potential agreement. Meanwhile, the yen declined, approaching a historic low, which heightened concerns regarding possible intervention from Japan. A joint statement from Qatar and Pakistan […]