ABN AMRO’s Georgette Boele warns that USD/JPY trading near multi-decade highs has heightened the risk of intervention in the Japanese Yen (JPY). She notes markets are long Dollars and extremely short Yen, leaving room for a sharp reversal if sentiment shifts. Boele argues that, after recent nervousness, USD/JPY may not…
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ABN AMRO’s Bill Diviney expects the US Dollar to weaken broadly but notes slightly less upside for EUR/USD after revising the bank’s ECB outlook and incorporating French and US election risks. With the ECB seen delivering one more hike and the Fed staying more dovish than markets, ABN AMRO now projects EUR/USD at 1.18 for 2026 and 1.23 for 2027.Euro gains tempered by election risks”We still expect the US dollar to weaken more broadly.””However, we…
The upcoming week will bring a fresh test for major currency pairs as investors return…
Drummond’s recipe for “perfect” potato salad recommends using russet potatoes, cutting them into halves or…
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The US Department of Defense’s independent office for testing weapons has been gutted, leaving its remaining staff with more work, according to a new Congressional watchdog report.Last year’s workforce cuts to the Office of the Director of Operational Test and Evaluation, or DOT&E, led to several organizational changes, including the…
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As Americans gear up to celebrate America’s 250th birthday, many major retailers and restaurants will stay open, close or operate with reduced hours on July 4. Big-box and grocery stores, including Sam’s Club and Kroger, and several restaurants, including Olive Garden and Taco Bell, will stay open on the holiday.…
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Russia has equipped submarines at a major Black Sea base with anti-drone cages in an apparent effort to protect them from Ukrainian deep strikes, according to a new Western intelligence assessment.Britain’s defense ministry said on Friday that an analysis of satellite imagery dated between June 6 and 9 revealed counter-drone…
