USD

© Shutterstock HSBC has projected an upward trend for the US dollar (USD) against the Euro (EUR) and British Pound (GBP), as reported on Thursday. This forecast is driven by factors such as "US exceptionalism", potential government…

Markets:Gold down $16 to $1848WTI crude oil down 78-cents to $90.93US 10-year yields down 0.2 bps to 4.57%S&P 500 down 12 points to 4288AUD leads, CAD lagsThe quarter ended with some drama as the US dollar shot higher, recouping losses…

The NZD and the AUD are ending the day as the strongest of the major currencies. The JPY is the weakest. The latest central bank decision came before the US open, when the Bank of Japan in The rates unchanged but did say that they would…

The Federal Reserve (Fed) kept rates on hold (5.25%-5.5%) at its latest meeting, but delivered a hawkish hold as what markets were anticipating – or rather, more hawkish. The Fed’s dot plot left the door open for one more rate hike by the…

Venmo, the peer-to-peer payment app, is set to offer PayPal USD (PYUSD), an ERC-20 stablecoin, in the coming weeks. This move integrates PYUSD into the Venmo platform, creating a seamless channel for transferring assets between millions of…

UPDATE, 1:35pm, 9/13/2023 - A PayPal spokesperson says its infrastructure partner Paxos was responsible for the overpayment: “Paxos overpaid the BTC network fee on Sept. 10, 2023. This only impacted Paxos corporate operations. Paxos…

GOLD PRICE FORECASTGold prices lack directional conviction as the U.S. dollar charges toward multi-month highs.Precious metals retain a somewhat bearish outlook from a fundamental standpoint.This article looks at XAU/USD’s key technical…

USD/JPY ANALYSIS & TALKING POINTSJapan looks to US for guidance.US inflation may result in Japanese involvement.Bearish divergence suggestive of downside to come. Recommended by Warren Venketas Get Your Free…

AUGUST LABOR MARKET REPORTAugust U.S. nonfarm payrolls increase by 187,000 versus 170,000 expectedThe unemployment rate rises to 3.8%, as the participation rate ticks up to 62.8% from 62.6%Average hourly earnings rise 0.2 % m-o-m and 4.3%…

Tether, the prominent stablecoin issuer behind USDT, has taken a strategic step by enlisting the services of Britannia Bank & Trust, a private financial institution based in the Bahamas. This move comes as Tether seeks to enhance its…