–Overall Trend:; Neutral with an upward bias.– Support Levels Today: 1.1640– 1.1560– 1.1490.– Resistance Levels Today: 1.1720– 1.1800– 1.1880.. Success, however, will depend on whether Ukraine and Russia make progress toward a peace agreement and whether Jerome Powell meets market expectations for a September rate cut. According to forex trading experts, this week will…
Economic News
ATLANTA& NEW YORK—- Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that the application and rulebook of ICE Clear Credit to expand its current registered clearing agency designation to add U.S. Treasury clearing has been published by the U.S. Securities and Exchange Commission. “We’ re thrilled to see this next…
We can't recall when a President nominated to the Fed someone whose abiding policy conviction is to weaken the U.S. dollar. Mr. Miran has been chairman of the White House Council of Economic Advisers in Mr. Trump's second term. For Mr. Miran, this is a matter of conviction.
District Judge Sheri Polster Chappell today sentenced James Randall Lacy to three years and one month in federal prison for passing counterfeit Federal Reserve notes. According to court documents, on February 19, 2025, Lacy passed a counterfeit $50 Federal Reserve note to a cashier at a store in Sarasota County. On March 14, 2025, Lacy passed a counterfeit $100…
—Wall Street is holding steady on Tuesday, stuck in a summer lull. The week’ s likely headliner, though, will not arrive until Friday, which could keep trading on Wall Street relatively quiet until then. That’ s when the chair of the Federal Reserve, Jerome Powell, will give a highly anticipated speech in Jackson Hole, Wyoming.
This week brings crucial updates on America's housing market struggles and hints about where interest rates might head next. Housing Data DumpSeveral major housing reports land this week. Zillow releases its monthly snapshots of both rental and home sales markets, while the National Association of Realtors reports July's existing home sales numbers.The…
According to news reporting originating in London, United Kingdom, by NewsRx journalists, research stated,“ This paper extends prior research by introducing a novel econometric framework-Regime-Dependent Granger Causality-to analyse the systematic elements of United States monetary policy. Financial supporters for this research include Economic&…
Following multiple calls for the central bank to implement a dovish monetary policy, U.S. Treasury Secretary Scott Bessent has been tasked with leading the search for a new Fed chair. Federal Reserve Chairman's term is set to expire in May 2025 and based on the current political trajectory, it's highly unlikely that he will serve another term.
–Buy the EUR/USD pair and set a take-profit at 1.1827.– Add a stop-loss at 1.1600.– Timeline: 1-2 days. The EUR/USD exchange rate held steady on Monday morning a traders assessed the next actions by the European Central Bank and the Federal Reserve. The EUR/USD pair rose last week as th United States published important macro data.
Well, this jaded, old journalist remembers when the California boom of the late 1980 s ended with a thud— a painful start to a recessionary decade. Call it another reminder of California real estate "s risks. Like the Federal Reserve "s recent end to its mortgage-buying program, the late 1980 s demise of the nation" s savings and loan industry– key real estate lenders,…
U.S. stock futures edged lower Monday, while Treasuries gained, as traders focused on progress toward a potential peace deal for Ukraine and awaited signals from the Federal Reserve on interest rates. Contracts for the S&P 500 slipped 0.1% after the benchmark closed near record highs last week. European equities also eased, with Ukrainian President Volodymyr…
The post Stocks and Yields Slip as Ukraine Talks and Fed Outlook Drive Markets appeared first on PRISM MarketView.
Bitcoin has pulled back after its recent rally, trading around $119,000, a drop of roughly 5% from its record high of about $124,500. Ethereum, Solana, and XRP also moved lower in line. This correction followed hotter-than-expected U.S. inflation data and a less dovish Federal Reserve stance. Meanwhile, markets responded calmly to the Trump–Putin summit in…
The post Bitcoin Retreats While Gold Holds Course After Trump–Putin Summit appeared first on PRISM MarketView.
This Week- Secretary of State Marco Rubio, Jake Sullivan, former National Security Advisor to President Biden; Sen. Eric Schmitt; Special Envoy to the Middle East Steve Witkoff; Jake Sullivan, former National Security Advisor to President Biden. State of the Union- Former Vice President Mike Pence; Special Envoy to the Middle East Steve Witkoff; former White House…
President Donald Trump likes to stir things up, and he's done it again with his choice of Stephen Miran to fill an open seat on the Federal Reserve Board of Governors. We can't recall when a president nominated to the Fed someone whose abiding policy conviction is to weaken the U.S. dollar. Before his White House days he offered a detailed case for rewriting the…
President Trump likes to stir things up, and he's done it again with his choice of Stephen Miran to fill an open seat on the Federal Reserve Board of Governors. We can't recall when a president nominated to the Fed someone whose abiding policy conviction is to weaken the U.S. dollar. Manage a decline in the dollar's value over time by reducing the global demand for…
July saw inflation data deliver mixed signals that clouded the Federal Reserve' s rate-cut pathway. Despite this, most investors still anticipate a 25 basis-point rate cut in September, aided by calls from Treasury Secretary Scott Bessent for more aggressive easing. Meanwhile, talks surfaced of a potential U.S. government stake in Intel linked to funds from…
The overall index for Creighton University's Rural Mainstreet survey in July slipped to 50.6 from June’ s 51.9, though it was only the second time since July- August 2023 that it was above growth-neutral for two straight months. “Until ag commodity prices move to above breakeven, especially for corn and soybeans, I will continue in my bearish outlook for our 100%…
The following information was released by South Carolina Senator Tim Scott:. Senate Banking Committee Chairman Tim Scott issued the following statement on President Trump's Executive Order to combat debanking. During the committee's hearing with Federal Reserve Chair Jerome Powell, Senator Scott againhighlightedthe issue of debanking federally…
2025 AUG 15– By a News Reporter-Staff News Editor at CDC& FDA Daily– Research findings on CDC and FDA are discussed in a new report. For more information on this research see: Connecting Inflation and the Labor Market: a Tale of Two Curves. Journal of Monetary Economics, 2025; 153. Journal of Monetary Economics can be contacted at: Elsevier, Radarweg 29, 1043 Nx…