The US Dollar Index is entering what has been its seasonally weakest month in recent years. December has seen an approximate return average of -1.2 percent since 2007 and has the lowest win rate out of the calendar (approximate 26% win rate).
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The EUR/USD forecast indicates slight selling pressure amid reduced expectations for a December Fed cut. Despite disruptions from Trump’s tariff policies, the euro’s slow but steady growth fails to lift the euro. Traders await EU economic forecasts, the Empire State Manufacturing Index, and commentary from FOMC officials for further impetus. The EUR/USD pair shows a…
By Nyasha Chingono HARARE (Reuters) -Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government’s plan to make it the only currency in the market by 2026. The gold-backed ZiG, which stands for Zimbabwe Gold, is the country’s sixth attempt…
N26 selected Mike Dargan, a senior executive from UBS Group AG, to become its next CEO. The appointment comes amid new regulatory restrictions against the Berlin-based neobank. Appointment and Transition From April 2026, Dargan will assume the role of CEO of both N26 SE and N26 Bank SE, pending regulatory approval from Germany’s BaFin. He…
By Barbara Kates-Garnick, Tufts University Everyone – politicians and the public – is talking about energy costs. In particular, they’re talking about data centers that drive artificial intelligence systems and their increasing energy demand, electricity costs and strain on the nation’s already overloaded energy grid. As a former state energy official and utility executive, I…
Gold rebounds 0.69% despite significant US job additions, challenging Fed’s rate cut path. Gold recovers from post-labor report drop as investors weigh Fed’s cautious disinflation stance. Upcoming US inflation and retail sales data set to influence gold’s trajectory, Fed policy. Gold price rebounded off daily lows on Friday, extending its rally for the fourth consecutive…
Not every stock is created equal. One of the biggest distinctions is cyclical vs non-cyclical—those that grow or decline alongside economic conditions and those that are less sensitive. In this article, we explore the key differences between the two, how to analyse both, and how to trade them. What Are Cyclical Stocks? Cyclical stocks are…