Image Source: Pexels  The EUR/USD currency pairTechnical indicators of the currency pair: Prev. Open: 1.0876 Prev. Close: 1.0878 % chg. over the last day: +0.02 % Today, the US Presidential election will be held in the United States. The policies of the new US president will have far-reaching implications for monetary policy, geopolitics, and global trade. […]

Image Source: Pixabay  The pressure toward the diversification of world currency reserves intensified after 2008, escalated following 2022, and is accelerating, as evidenced by the recent BRICS Summit in Kazan, Russia.In the past 15 years or so, BRICS have rapidly grown into a geoeconomic front of the Global South. Iran, Egypt, Ethiopia, and the United Arab […]

Image Source: Pixabay  The Boeing Company (NYSE: BA) has reached a pivotal agreement with its 33,000 unionized machinists, concluding a seven-week strike that significantly disrupted the production of most passenger planes. 59% of the International Association of Machinists and Aerospace Workers (IAM) voted to approve the aerospace giant’s new offer.The new contract promises substantial wage increases and bonuses for the […]

The Pound Sterling (GBP) gains slightly to near 1.2980 against the US Dollar (USD) in Tuesday’s London session. The GBP/USD pair rises ahead of the United States (US) presidential election, which will start in the North American session. The US Dollar Index (DXY), which gauges Greenback’s value against six major currencies, falls slightly to near 103.80.The Greenback went through a significant unwinding […]

This is easy to explain with charts and ideas. An Imagined ParadoxThe Brookings Institute measured the macro conditions and wonders why sentiment is so poor.Please consider The Paradox Between the Macroeconomy and Household Sentiment Despite recent concerns over a slowdown, the U.S. economy is performing well according to most objective metrics. The top-line unemployment rate was […]