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EUR/USD down 0.30%, trading at 1.1605 after touching daily high of 1.1675.US Dollar bought ahead of US July CPI release; hot print could dampen Fed rate cut bets.Italy’s July inflation steady at 1.7% YoY, matching ECB target and June reading.Trump–Putin talks may yield Ukraine ceasefire progress, potentially easing EU energy costs.The EUR/USD edges lower on Monday, down 0.26% as the Greenback is bought by traders ahead of another inflation report in the United States (US) coming Tuesday. This, along with Italy’s revelation that prices reached the European Central Bank’s (ECB) target, justifies the need to hold rates even at the…

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Money movement platform Thunes launched a partnership with payroll company Ontop. The collaboration is designed to give freelancers and remote workers real-time access to their earnings around the world, according to a Monday (Aug. 11) press release. With the help of Thunes’ Direct Global Network, Ontop users can now get instant local currency payouts to bank accounts in markets such as Costa Rica, India, the Philippines, South Africa, Vietnam and the United Kingdom, doing away with cross-border payment delays and friction, the companies said in a news release. “Fast, reliable and inclusive financial access is no longer a nice-to-have; it’s…

New Social Security garnishments are set to kick in soon, and they could cause 15 percent of payments to be withheld for retired workers and Americans with disabilities.The garnishment will apply to roughly 452,000 beneficiaries who are in default on their student loans.Why It MattersAmericans hold roughly $1.75 trillion in student loan debt, with some of that carried by seniors and disabled workers who are in default on their loans.The Trump administration has marked a departure from then-President Joe Biden’s student loan forgiveness-friendly policies, and the shift has meant many student loan borrowers see higher payments and lose access to…

In this ever-evolving world of global freelancing, I can’t help but think about how businesses are overlooking the game-changing potential of crypto for paying freelancers. With the ability to process transactions swiftly and securely, cryptocurrencies are shaking up the whole cross-border payments scene. Let’s dive into the perks of using a freelancer payment API that taps into crypto. We’re talking lower fees, enhanced privacy, and improved cash flow, all in one neat package. Embracing this tech could seriously streamline your payment processes and empower your freelance team. Key Features and Benefits of an International Freelancer Payment API First off, we…

Stocks were mixed in early trading Monday after a solid week of gains that pushed major indexes back to record levels, as investors braced for key economic data in the coming days. The S&P 500 (SPX) was fractionally higher in recent trading, while the Nasdaq Composite (IXIC) added 0.2% and the Dow Jones Industrial Average (DJI) slipped 0.2%. The tech-heavy Nasdaq closed at record highs in each of the previous two sessions, while the benchmark S&P 500 index finished Friday’s session fractionally below its first record high since July 28. The major indexes turned in their best weekly performances since…

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Good Sense and CompanyBrooklyn, NYUS DESCRIPTION Freelance Technical Directors & Production Managers Good Sense & Co. — NYC / Project-Based Freelance We’re looking to expand our freelance roster of Technical Directors and Production Managers for an upcoming series of projects. Good Sense & Co. is an event production company that collaborates with top-tier clients across the entertainment, tech, fashion, and culture sectors. Our projects range from large-scale public events to branded activations and one-off live experiences. Things move fast, and we take pride in delivering complex projects with calmness, clarity, and collaboration. We’re seeking enthusiastic and motivated team members to…

Fundamental OverviewThe USD has been weak almost across the board since the NFP report as the softer than expected data triggered a quick dovish repricing and a change in stance for many Fed members. The market pricing 58 bps of easing by year-end compared to just 35 bps before the NFP release. It’s highly likely that more benign data will see Fed Chair Powell opening the door for a cut in September at the Jackson Hole Symposium. The focus now turned to the US CPI report due tomorrow. The recent Fedspeak suggests that a rate cut in September might be…

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