Harriet

While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization. Today, a commonly used accounting trick could be obscuring risks in the U.S. banking system by papering over the significant devalua

The foreign exchange (forex) market, with its daily turnover exceeding $7.5 trillion, has long been the bedrock of global finance, dominated by centralized institutions like banks and brokers. Meanwhile, blockchain technology and cryptocurrencies have emerged as disruptive forces, redefining financi

Looking at Bollinger bands When I first entered the business during the internet trading mania, I didn’t know what a stock was, why it was used on a chart, or even what the Dow was. The markets weren’t a focus of mine during college at Providence College, and my first real exposure to stocks came du

European markets struggle amid Chinese manufacturing slowdown. Euro weakness after inflation decline. JOLTS job openings ahead. European markets are moving lower despite a buoyant session in China overnight. Sentiment within Europe has been directly impacted by events overnight with the collapse in

EURUSD hit the highest in over five weeks on Monday, inflated by weaker dollar on the latest threats of doubling import duties on steel and aluminium. The pair gained around 0.8% by the mid-US session and pressure strong resistance at 1.1453 (Fibo 76.4% of 1.1573/1.1065, reinforced by the upper 20-d

In the latest TradeGateHub Live Trading session, the USD/JPY pair was highlighted as it moves toward the critical 140 support level. Dale provided a review of this week’s forecasts, offering insights and sharing the weekly outlook for USD/JPY. Additionally, the Coach discussed trends in yields and t

The core Personal Consumption Expenditures Price Index is expected to rise 0.1% MoM and 2.5% YoY in April.Markets expect the Federal Reserve to hold the policy setting unchanged in June.Annual PCE inflation is forecast to edge lower to 2.2%. The United States (US) Bureau of Economic Analysis (BEA) i

US Dollar (USD) rebounded from lower grounds, owing to upside surprise from US consumer confidence and progress with EU-US trade talks. DXY was last at 99.56 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. Daily momentum is not showing a clear bias "Elsewhere chatters of month-e

Minneapolis Federal Reserve (Fed) President Neel Kashkari said on Tuesday that he supports the stance to maintain interest rates until there is some more clarity on the impact of higher tariffs on inflation. Key quotes There is a 'healthy debate' among the Fed policymakers on whether to 'look throug

Britain continues to be surprised by strong retail sector data. Data on consumer inflation accelerating to an annualised pace of 3.5% was complemented by strong retail sales figures, renewing buying momentum in GBPUSD. For April, sales excluding fuel rose by 1.3%, and by the same month last year, th

Today we get the usual jobless claims, the flash S&P PMI, existing home sales, and the Kansas City Fed survey. There is also a 10-year TIPS auction. The market may make hay out of straw with the jobless claims, which are creeping upward in both the weekly and continuing. Jobs are being lost in a