A major American solar manufacturer is selling $700 million worth of tax credits the company earned under the Biden administration’s Inflation Reduction Act (IRA), marking the first significant transfer of
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Here is what you need to know on Friday, January 12: The US Dollar (USD) outperformed its peers with the initial reaction to December inflation figures on Thursday but failed to preserve its strength as US Treasury bond yields turned south later in the American session.
The Pound Sterling (GBP) faces a sharp correction as the United Kingdom Office for National Statistics (ONS) reported mixed factory data for November and tensions in middle East are expected to widen
The long-waited US inflation release came in stronger than initially estimated for the month of December, lending fresh oxygen to the greenback as investors now see the Federal Reserve potentially delaying its first interest rate cut.