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EUR/USD faces headwinds as the ECB sustains its dovish stance on interest rate policy for 2025. The ECB is anticipated to reduce its Deposit Facility rate to 2%, regarded as the neutral rate, by June 2025. The US Dollar Index surged to multi-year highs following the Federal Reserve’s hawkish policy shift. EUR/USD continues to lose ground for the fourth successive day, trading around 1.0350 during the Asian hours on Thursday. The Euro faces challenges as the European Central Bank (ECB) maintains dovish guidance on interest rates policy for this year. The ECB reduced its Deposit Facility rate by 100 basis…
As a freelancer, stay away from the trap of creating a service that’s not needed, and focus on … [+] listening to what your potential clients really wantgetty Can you imagine making double your current earnings or salary by the end of this year? Let’s put this into perspective and make it even more practical. Let’s say for example, you’re currently making $70,000 a year. What steps can you take to increase your income and boost your salary or pay so that you end the year on your way to making $140,000? Is that even possible, or is that ‘pie…
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX year!Market liquidity is very thin. It’ll it improves as Asian centres come online … prices are liable to swing around, so take care out there. Of course, its even more precarious than usual with all the holidays around the place. It’ll be a patchy two days ahead for Thuirsday and Friday. Liquidity and interest is going to remain thin. It’ll approach normal from the 6th.Guide:EUR/USD 1.0356USD/JPY 157.24GBP/USD 1.2513USD/CHF 0.9057USD/CAD 1.4389AUD/USD 0.6192NZD/USD 0.5594 (ps. New Zealand remains on holiday on January 2, for…
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A new year brings new opportunities and the same goes for freelancers looking to secure work. Being a freelancer seems glamorous as you aren’t employed full-time and can usually work remotely, but it can also be stressful. Achieving financial stability as your own boss many factors come into play to ensure you are financially stable as well as not taking on too much work that you aren’t able to deliver. The latter can be detrimental as you could lose the contract and future work. One thing that freelancing does allow is flexibility in your work day. Unlike a 9-5 job,…
A popular crypto analyst says that meme asset Dogecoin (DOGE) could surge by quadruple digits percentage-wise for one key reason. Crypto trader Ali Martinez tells his 106,500 followers on the social media platform X that if DOGE follows a historic price pattern, the memecoin could surge to $17.76. “Dogecoin could rally by another 6,770% if it continues to follow the ascending parallel channel pattern!” Source: Ali Martinez/X An ascending parallel channel pattern is a bullish structure indicating that an asset is in an uptrend, printing higher highs and higher lows. DOGE is trading for $0.31 at time of writing, up…
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More than 1,250 members of the Writers Guild of America East and the Writers Guild of America West signed a petition supporting freelance writers seeking a new contract with GBH in Boston, the WNET Group in New York and PBS SoCal in Los Angeles. The petition, which is addressed to the stations’ CEOs and was made public Thursday, was signed by documentary filmmakers Stanley Nelson Jr. and Lynn Novick, commercial television hosts John Oliver and Seth Meyers, and Geoffrey C. Ward, who wrote for Ken Burns series including The Vietnam War, Jazz and Baseball. The petition was also signed by…
Market analysts predict continued support for gold in 2025, citing higher central bank demand and a potential boost from gradual Federal Reserve rate cuts. Some forecasts suggest gold could reach $3,000 per ounce as global monetary easing and geopolitical risks persist. Silver’s Gains Tempered by Economic Concerns Silver (XAG/USD) is trading at $28.91, reflecting minor losses but maintaining its upward trajectory from 2024, where it gained nearly 22%, its best year since 2020. Rising demand and easing global monetary policies underpinned the rally. However, the outlook for silver is clouded by potential economic headwinds, including inflation concerns and the impact…
Is AI going to steal your job – or will you be able to use it to your advantage? And is the recent decrease in job listings a good or a bad thing for freelancers? It’s an interesting time for freelancers and contractors and that’s set to continue into 2025. Wondering what could be coming up for your business next year? Keep reading to see six predictions about the state of freelance work. 1. An urgent need to embrace AI? AI has been a hot topic for several years now, but recent developments suggest that 2025 is a year for…
