The U.S. ISM manufacturing PMI survey for September came in weaker than expected, as the index held steady at 47.2 to reflect the same pace of industry contraction instead of improving to…
Month: October 2024
Generations Most Affected by Student Loans
Source: The College Investor Healthcare workers hold the highest student debt, with average balances nearing $75,000 and monthly payments exceeding $800. Gen X and Boomers, particularly those paying off loans for their…
How Does A 529 Plan Affect Your Financial Aid And FAFSA?
Source: The College Investor There are many benefits to 529 college savings plans. They provide tax and financial aid advantages to families who save for college. Saving for college reduces student loan…
FX Watch: NZD/USD’s Trend Opportunity Ahead Of The U.S. ISM Manufacturing PMI
NZD/USD is having trouble extending its downswing since it hit a potential support zone! Profit-taking after last week’s extended moves may have dragged NZD/USD down from its .6375 highs. It didn’t…
Chart Art: Trend Retracement Levels For Gold (XAU/USD)
Where them gold bugs at? Spot gold (XAU/USD) looks ready to extend a longer-term trend after touching a few technical support levels. Think the precious metal will see new record highs this…
FX Watch: Is USD/CHF Ready for a Triangle Breakout?
Dollar traders seem excited to adjust positions ahead of Friday’s NFP release, so leading jobs indicators like the ISM manufacturing PMI could spark volatility early this week. Expectations are for a…
Daily Broad Market Recap – September 30, 2024
Monday was a mixed bag for most asset classes, before dollar pairs managed to find a clear direction during Fed head Powell’s speech. Commodities found themselves on shaky ground after China printed…