GhulamRasool
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Hidden costs of homeownership: Race, income, and lender differences in loan closing costs
April 2024 Soaring home prices are making homeownership significantly less affordable for American consumers, especially young and first-time homebuyers, with nearly 39 percent of Gen Z hopefuls citing saving for a down payment as their greatest obstacle.1 While down payments are often the focal poi
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US Dollar looks for five-day winning streak on safe-haven inflows, diverging rate outlook
The US Dollar enters a fifth straight day of gains against most major peers. Markets are awaiting a change in stance from Fed Chairman Powell on Tuesday. The US Dollar Index remains steady above 106.00 targeting now the 2023’s high. The US Dollar Index (DXY) rallies forward as the King Dollar gains
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Gold is still in an Uptrend - waiting for a DOWN rhythm
#XAU/USD# ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: The price of gold began the week on a positive note, rising in early trading. This increase was primarily driven by the escalating conflict between Iran and Israel over the weekend. Concerned investors sought refuge in
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Fed's Barkin: Inflation data did not increase confidence disinflation is spreading
Richmond Federal Reserve Bank President Thomas Barkin said on Thursday that the latest inflation data did not increase his confidence that disinflation is spreading in the economy, per Reuters. Key takeaways "Latest inflation data looks like disinflation did at end-2023, with goods prices falling, s
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US Dollar Index in a quiet mode ahead of release of key economic data from the US
US Dollar Index The dollar index is trading within a narrow range for the second consecutive day, as traders await release of the US inflation report for March, which is expected to provide more hints on the Fed’s policy outlook. Widely expected start of cutting rates in June, as well as the pace an
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Weak job data sends Canadian Dollar slips to four-month low
The Canadian dollar is showing limited movement on Monday. In the European session, USD/CAD is trading at 1.3598, up 0.06%. Canada and the US both released March employment reports on Friday, with Canada posting a weak reading while US nonfarm payrolls blew past expectations. The Canadian dollar sho
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