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Australian Dollar holds gains as US Dollar remains subdued ahead of UoM Consumer Sentiment

The Australian Dollar rises as the US Dollar struggles following dovish remarks from Fed officials.San Francisco Fed President Mary Daly said that expecting two rate cuts this year is a “reasonable” outlook.US Retail Sales rose by 0.6% MoM, while Retail Sales climbed 3.9% YoY in June.The Australian Dollar (AUD) advances on Friday, recovering its more than 0.5% losses from the previous session. The AUD/USD pair appreciates as the US Dollar (USD) faces challenges due to…

Finance news

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A Programmer Beat OpenAI at Coding, Says AI Drove Him to Push Harder

AI hasn’t yet killed the coding star.On Wednesday, a programmer from Poland, Przemysław Dębiak, beat an OpenAI tool at the AtCoder World Tour Finals 2025 Heuristic Contest in Tokyo, which is sponsored by the company.”I was so tired. I actually felt at some point that I should take a break,”…

Business

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California sues Trump administration over  billion high-speed rail funding cut

California Gov. Gavin Newsom announced a lawsuit against the Trump administration following the cancellation of more than $4 billion in federal funds for the state’s high-speed rail project. “Trump’s termination of federal grants for California high-speed rail reeks of politics. It’s yet another political stunt to punish California,” Newsom stated…

Markets

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Investing

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