Treasury Secretary Bessent to remain as IRS commissioner after filling role on temporary basis, sources say
Treasury Secretary Scott Bessent will remain in his role as IRS commissioner, with a new official to be announced as his top deputy
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Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg
Verizon on Monday named former PayPal CEO Dan Schulman as the company’s new CEO, effective immediately and replacing Hans Vestberg. -
Trump administration resumes student loan forgiveness for some borrowers
The Trump administration has restarted student loan forgiveness on the IBR program, a benefit that has been partially paused since July. -
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1717; (P) 1.1738; (R1) 1.1763; More… EUR/USD falls notably today but stays above 1.1644 support. Intraday bias remains neutral first. On the downside, break of 1.1644 and sustained trading below 55 D EMA (now at 1.1679) will indicate medium term topping at 1.1917, on bearish divergence condition in D MACD. Further fall […]
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EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1717; (P) 1.1738; (R1) 1.1763; More… EUR/USD falls notably today but stays above 1.1644 support. Intraday bias remains neutral first. On the downside, break of 1.1644 and sustained trading below 55 D EMA (now at 1.1679) will indicate medium term topping at 1.1917, on bearish divergence condition in D MACD. Further fall […]
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Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Galaxy Digital introduced a commission-free trading platform, Galaxy One, on Monday that offers similar services to rival Robinhood. -
GBP/USD Mid-Day Outlook
Daily Pivots: (S1) 1.3438; (P) 1.3462; (R1) 1.3502; More… Intraday bias in GBP/USD remains neutral and further decline is still in favor. On the downside, break of 1.3322 will resume the fall from 1.3725 to 1.3140 support. On the upside, though, firm break of 1.3535 will argue that pullback from 1.3725 has already completed, and […]
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USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.7938; (P) 0.7963; (R1) 0.7978; More… Intraday bias in USD/CHF stays neutral at this point. On the upside, sustained trading above 55 D EMA (now at 0.8006) will suggest that rise from 0.7828 is already correcting whole fall from 0.9200. Further rise should the be seen to 0.8170 resistance and possibly above. […]
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USD/JPY Mid-Day Outlook
Daily Pivots: (S1) 147.11; (P) 147.47; (R1) 147.84; More… Intraday bias in USD/JPY stays on the upside for the moment. Corrective pattern from 150.90 could have completed at 145.47 already. Further rise should be seen to 150.90. Firm break there will resume larger rally from 139.87 to 151.22 fibonacci level. Sustained break there will carry […]
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