EUR/USD enters a bearish consolidation phase after last week’s downfall to mid-1.0900s. The USD preserves the post-NFP gains to a multi-week top and caps the upside for the pair. Bets for another ECB rate cut in October undermine the Euro and further act as a headwind. The EUR/USD pair kicksContinue Reading
European Central Bank (ECB) Governing Council policymaker and French central bank governor François Villeroy de Galhau said on Sunday that the central bank might cut the interest rate in the October meeting as economic growth is weak. Key quotes ECB will probably cut interest rates on October 17. Economic growth isContinue Reading
Photo: Tayfun Coskun/Anadolu (Getty Images) Cars are expensive to own — too expensive, in fact, and getting pricier all the time. Don’t feel too bad for yourself, though. Depending on the state you’re in, some poor sucker might have it even worse. A report from Forbes earlier this year rankedContinue Reading
Photo: Mazda The average transaction price of a new car has slowly been coming down since it peaked during the pandemic, but it’s still scarily close to $50,000. That might work for rich people, but most people can’t afford to spend that kind of money on a car. The goodContinue Reading
Hello, Quartz members, and welcome to Sunday Reads! Tim Walz and JD Vance held a vice presidential debate, 45,000 dockworkers walked off the job from Maine to Texas but quickly came back, and the damage from Hurricane Helene was immense. Suggested Reading Donald Trump and Kamala Harris are neck-and-neck withContinue Reading
In This Story Last week closed on a positive note, with two key developments easing concerns about the economy. A strong jobs report helped calm fears of a weakening labor market, while the resolution of the dockworkers’ strike alleviated worries about supply chain disruptions. In addition, oil prices, which hadContinue Reading
Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024, in Washington, D.C. Photo: Chip Somodevilla (Getty Images) The artificial intelligence boom has sent shares and net worths to new heights this year, meaning some billionaires have only been getting wealthier. While most eyes have been onContinue Reading
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Kraken Launches Regulated Derivatives Platform in Bermuda â News Bytes Bitcoin News You need to enable JavaScript to run this app. Read MoreContinue Reading
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