The USD/JPY pair posts modest gains on Friday amid thin trading due to the US Independence Day holiday. The US Dollar (USD) stabilizes against the Japanese Yen (JPY) after a sharp decline on Thursday following softer-than-expected United States (US) labor market data. At the time of writing, USD/JPY trades at…
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USD/CHF heads for its first weekly loss in five weeks as weaker-than-expected US Nonfarm Payrolls (NFP) data released on Thursday weighed on the US Dollar (USD). The pair rebounds on Friday as the Greenback stabilizes, with traders reassessing the Federal Reserve’s (Fed) interest rate outlook.At the time of writing, USD/CHF is trading virtually unchanged around 0.8034 after touching an intraday low of 0.8010. The US Dollar Index (DXY), which tracks the Greenback’s value against a…
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AI is coming for millions of American jobs, but that doesn’t mean the work will disappear for good.Joseph Briggs, who leads the global economics team at Goldman Sachs Research, said on a recent episode of the bank’s “Exchanges” podcast that he expects about 9% of the US workforce to be…
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Ford is turning one of Washington, D.C.’s busiest transit hubs into a showcase of American industry, innovation and horsepower for the nation’s 250th birthday. The automaker has opened “Driving America Forward,” a free Union Station exhibit that traces Ford’s 123-year impact on American life — from the factory floor and…
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Last month, my family had a particularly bad run of luck. I ended up quite ill with COVID. My mum had to go to the hospital with a lung infection. We had a few issues come up with our old home in Melbourne, including a major water leak. Then, as…
