This week our currency strategists focused on the U.K. jobs update and the U.S. CPI update for potential high-quality setups. Out of the four scenario/price outlook discussions this week, two discussions arguably…
Chart Art: Trend Reversal Due for Silver (XAG/USD)?
Are my eyes deceiving me or is this a reversal pattern forming on silver’s 4-hour time frame? I’m seeing what appears to be a complex double bottom or what could be an…
FX Weekly Recap: September 9 – 13, 2024
The major currencies saw increased volatility & unusual price action as traders repriced their interest rate biases, and reacted to data releases and risk sentiment shifts.
Global Market Weekly Recap: September 9 – 13, 2024
It’s been a wild week across the major asset classes, driven by shifting risk sentiment and changing expectations around Fed rate cuts. Wide swings in oil prices was probably the most…
What Is The 529 Plan Penalty And How To Avoid It
Source: The College Investor One of the biggest fears families have about using a 529 plan to save for college is the dreaded 529 plan penalty. There are many ways to save…
4 Ways to Avoid Being Influenced by “Recency Bias”
The term “recency bias” gets thrown around a lot in the trading scene, but what exactly is it? In the most basic sense, recency bias refers to the tendency of traders to…
Cash Advances With No Credit Check
Source: The College Investor FloatMe is a fintech app that offers $50 cash advances between paychecks. While there is a monthly fee, there are no interest charges and no credit check is required…
Daily Broad Market Recap – September 12, 2024
It was a risk-on day for financial markets, as crude oil closed out with nearly a 3% win while gold hit fresh record highs. U.S. stock traders also had a blast, as…
ECB Lowered Main Deposit Rate by 0.25% as Expected, Growth Forecasts Downgraded
European Central Bank (ECB) policymakers announced their unanimous decision to lower their main deposit rate by 0.25% as expected, following its previous cut in June. The central bank cut its deposit facility…
Navient Banned From Student Loan Servicing After $120 Million Settlement
Navient, once the largest student loan servicer in the United States, is facing a permanent ban from servicing Direct Loans and other financial aid programs as the result of a lawsuit from…