Preview – BofA forecasts sticky CPI at 2.9% y/y, inflation pressures alive.
Flagged tariffs as a persistent driver of goods prices, alongside energy and services costs, warning that sticky inflation could constrain the Fed’s scope for deep rate cuts.
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Picture this: You’re watching currency pairs swing wildly on your screen. One minute, the euro surges on news from Europe. The next, it dips due to U.S. interest rate hints. This chaos defines forex trading today. But in 2026 AI tools step in to calm the storm. They spot patterns humans miss and make smart…
Mexican Peso edges down after recovering over the past five trading days, exchanging hands at 18.41 against the US Dollar. Political developments, including judiciary reform, weigh on sentiment, sparking flows out of the Peso. Fed officials maintain cautious stance on inflation, affecting market expectations on monetary policy. The Mexican Peso registers minuscule losses versus the…
Prom night is one of the most memorable events of high school, but preparing for it can quickly become expensive. Between tickets, transportation, accessories, and photos, the cost of a prom dress alone can put serious pressure on a student’s or parent’s budget. The good news is that looking elegant doesn’t have to mean overspending….
Daily Pivots: (S1) 152.05; (P) 152.41; (R1) 153.03; More… USD/JPY’s rally from 148.64 is still in progress, and intraday bias stays on the upside for retesting 156.75. Firm break there will confirm resumption of whole rally from 139.57. On the downside, below 151.79 minor support will turn intraday bias neutral first. But risk will stay…
Pound vulnerable as BoE easing bets look conservative, UBS says Source link