MARKET REPORTAmerica is now unburdened by what has been Villefranche-sur-Mer ($6m Euro) You were found in clear conditions. But you’re handsome in the fog. “Voters seem to forget when politicians ‘give’ you money, it is the voters’ money they have already taken.” Day in Review:Today:DATA:– ISM Manufacturing PMI topped forecasts and pointed to a softer…
Rachel Reeves is to appoint a health service and regulatory veteran, Tom Hayhoe, a former Conservative cabinet adviser, as her Covid corruption commissioner with the remit of clawing back billions in fraudulent contracts. The chancellor is understood to believe the Treasury can recoup £2.6bn from waste, fraud and flawed contracts signed during the pandemic. The…
Managing Travel and Mileage Expenses: The Rules of the Road for Employers Managing employee travel and mileage expenses present complex challenges for employers and managers. Companies must balance cost control, tax compliance, and fair compensation for employees. Frequent business travel requires clear, efficient reimbursement systems to prevent disputes and unnecessary financial strain. This article explores…
Keir Starmer has “utterly rejected” the idea that the UK must choose between the United States and Europe when Donald Trump comes to power, arguing that it is in the national interest to work with both. The prime minister said the UK would “never turn away” from its relationship with the US, despite the difficulties…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD (XAUUSD), published in members area of the website. As our members know the pair is showing impulsive bullish sequences in the cycle from the 2537.3 low. Consequently , we were calling for the further…
Exotic currencies are an intriguing part of the foreign exchange (Forex) market. While they don’t have the same global influence as major currencies like the US dollar or euro, they offer unique opportunities. In this article, we will explore what exotic currencies are, their characteristics, the challenges of trading them, and some commonly traded examples….
Rhetorical Trade War, Teetering Foreign Governments, and Manufacturing Purchasing Manager Surveys Headline Today’s Financial Market News December 2, 2024 Amid repeated U.S.-led economic sanctions in response to geopolitical mischief, the block of countries known by the acronym BRICS (standing for Brazil, Russia, India, China and Saudi Arabia) are considering steps toward a new currency in…
The US Dollar rose this morning as President Elect Trump took aim at BRICS over de-dollarization efforts. The Euro weakens further due to concerns over a potential French government collapse. The Dollar Index shows potential for both upside and downside moves, with key resistance at 107.00 and support at 105.00. The US Dollar kicked December…
The euro has started the trading week with sharp losses. In the European session, EUR/USD is trading at 1.0466, down 1%. Eurozone manufacturing depression deepens The eurozone manufacturing sector continues to decline and is slowing down the eurozone recovery. In November Manufacturing PMI fell to 45.2, down from 46 and in line with expectations. Production, new…
Choosing the right forex broker is one of the most important decisions you’ll make as a beginner trader. Whether you’re looking to invest small amounts or trade large sums, selecting the right broker can make all the difference. But with so many brokers out there, it can be overwhelming to figure out where to start….