Greenback holds support for recovery On Wednesday, the Internal Revenue Service advisedthat not all property-tax prepayments can be deducted amongst a demand of homeowners paying their 2018 property taxes before the Republican tax law takes effect in January. The IRS stated the property taxes that haven’t been evaluated before 2018 won’t be deductible on 2017 […]

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Dollar turned bearish after FED’s failure to deliver While the Fed passed a stable policy message, the markets were probably down casted on the Central Bank not dropping a more decisive signal. The statement comprises of all similar buzzwords such as the labor market continues to “strengthen”, activity is “solid”, and risks are more or […]

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Greenback holds the support area Federal Reserve Chairwoman Janet Yellen declared yesterday employing one of the institution’s biggest challenges, acknowledged that the collection of different voices on the central bank’s policy setting committee can be obscuring to the public. Federal Reserve Bank of St. Louis President James Bullard gave remarks on “When will U.S. Inflation […]

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The US economy is believed to have added less jobs in April as against the data seen seven months back. According to the the April’s Non-farm Payroll (NFP) data released by the Labour department this year, 160,000 jobs were added by the employers as against the average of the last three months of 200,000. The […]

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The recent years have been full of surprises. Recalling the most recent market events, they have not only succeeded in throwing the investor community off-guard but have also been fairly responsible for shaping the current scenarios (as I write this post). From the China market crash in August last year to drop in oil to […]

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