The dollar showed signs of strengthening on Monday as traders prepared for a significant week in the forex market. Both the Federal Reserve and the Bank of Japan are scheduled to make policy decisions, with the July US employment report also set to be released on Friday. The yen remained relatively stable after experiencing its
July has seen the euro performing relatively well against the U.S. dollar, with EUR/USD trading at 1.0818, down 0.4% on the day but up approximately 1% over the past month. Despite these recent gains, BCA Research is painting a bleak picture for the eurozone’s future and recommends that investors sell the single currency. BCA Research
Consumers preparing to renew their homeowners insurance policy may experience some unexpected sticker shock. Between May 2022 and May 2023, home insurance prices rose an average of 21% at renewal time, according to Policygenius. A rise in catastrophic severe weather events contributed to this jump, experts say, and the rate of price increases is not
New York City is set to offer $1.2 billion of refunding general obligation bonds, marking its first deal of the fiscal year. With the market’s appetite for Big Apple debt being closely watched, there are both challenges and opportunities that come with such a significant issuance. The city’s regular presence in the market has created
Cryptonica, a leading player in the cryptocurrency industry, recently celebrated a significant achievement by installing its 6,000th Crypto ATM. This milestone marks a crucial step towards improving the accessibility of digital currencies on a global scale. With new ATMs unveiled in Kansas City, Missouri, and Berlin, Germany, Cryptonica is expanding its reach and bringing the
TRON founder Justin Sun has recently made a public plea to Elon Musk, requesting the return of the Bitcoin emoji on X, previously known as Twitter. The sudden disappearance of the digital currency symbol has sparked worry among members of the crypto community, especially those who are active on X. This platform has long been
Investors often turn to dividend-paying stocks to help stabilize their portfolios in times of market volatility. One such stock that stands out among Wall Street analysts is Western Midstream Partners (WES), a limited partnership that owns and operates midstream assets in several states. Analysts have praised WES for its impressive dividend yield of 8.8% and
The weight loss drug market has long been dominated by Eli Lilly and Novo Nordisk, but the landscape is rapidly changing. Recent updates from Roche and Viking Therapeutics have highlighted the progress made by these companies in developing experimental treatments that offer faster weight loss results. This shift in the market dynamics has caused a
Edward Snowden, a well-known former U.S. security official, has recently expressed serious concerns about the privacy vulnerabilities associated with Bitcoin (BTC) transactions. Contrary to popular belief that Bitcoin transactions are completely anonymous, Snowden highlighted the risks involved in these transactions. During a recent Bitcoin conference, he pointed out that most transactions on the Bitcoin network
If Donald Trump were to return to the White House, the cryptocurrency and digital asset sector could potentially see significant benefits, according to Compass Point Research & Trading. The firm highlighted Trump’s supportive stance on crypto, pointing out that his campaign is even accepting crypto donations. In a recent meeting with crypto miners, Trump discussed