• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
January 2nd - New tax measures for certain cross-border remittances in the United States will officially take effect on January 1st, 2026 (local time). According to regulations from the U.S. Treasury Department and the IRS, starting January 1st, 2026, remittance service providers will be required to collect a 1% tax on eligible remittance transactions and declare and pay it as required. The regulations indicate that this tax will be payable when remitters use cash or similar "instruments of payment in kind" (including money orders, bank drafts, etc.) as the source of funds for cross-border remittances; transactions using U.S. bank accounts or debit cards, credit cards, etc., are generally not subject to this tax. This measure is part of the Trump administrations "Big and Beautiful" tax and spending bill. According to the IRS, this tax applies to overseas remittance recipients, including U.S. citizens and residents.Kremlin: Putin spoke by phone with the governor of Kherson region. He received a briefing on the situation and progress of the investigation into the attack by Ukrainian armed forces.January 2nd - On the evening of January 1st, 2026, local time, Ukrainian President Volodymyr Zelenskyy stated that he had received a briefing from Ukrainian National Security and Defense Council Secretary Alexei Umerov regarding his visit to Turkey. Earlier that day, Umerov met with Turkish Foreign Minister Fedan and Turkish National Intelligence Director Ibrahim Kalin in Turkey. Zelenskyy stated that Ukraine has been fully committed to resuming prisoner exchanges at the beginning of the new year, which is the core issue of the talks with Turkey. Ukraine needs Turkeys assistance to help Ukrainian citizens in Russia return home. He noted that last years exchange operations were very active but stalled at the end of the year and now need to be restarted.On January 2nd, the Russian Ministry of Defense announced on January 1st that it had transferred the instrument decoding data and flight controller of the Ukrainian drone that flew towards Russian President Vladimir Putins residence on December 29, 2025, to the United States. The transfer was conducted by Admiral Igor Kostyukov, Chief of the Main Intelligence Directorate of the General Staff of the Armed Forces of the Russian Federation. Kostyukov stated that the decoding of the controller of the Ukrainian drone shot down on December 29, 2025, unequivocally confirmed that its target was the Russian presidential residence complex. Transferring the relevant data to the United States will help clarify all doubts and facilitate the ascertainment of the truth.The head of the Main Intelligence Directorate of the General Staff of the Russian Armed Forces stated that the declassified data handed over by the United States came from a Ukrainian drone that flew to the Russian presidential residence, which will help to determine the truth.

Underpinned after US Job Growth Tops Expectations

Skylar Shaw

Jun 06, 2022 12:10

微信截图_20220606120056.png


A better-than-expected U.S. employment data hinted to a tight job market, which might encourage the Fed to maintain rate hikes.


June U.S. Dollar Index futures rose 0.328 percent to 102.160. Invesco DB US Dollar Index Bullish Fund ETF (UUP) rose 0.12 percent to $27.30.

Jobs Report Backs Fed's Hawkishness

The Labor Department stated Friday that nonfarm payrolls rose by 390,000 last month. Reuters economists predicted 325,000 new jobs in May. Unemployment was 3.6% and average hourly earnings were 0.3%.


The better-than-expected job gain implies the economy is still robust, but the drop in average hourly pay signals growth is beginning to decelerate.

Long-Side Specs Lighten

Despite expectations for higher rates, the market suggests this has already been priced into the dollar. Government data shows dealers unwinding dollar longs. Traders may still purchase the dollar as a safe-haven.


Speculators' net long bets on the U.S. Dollar plummeted to a 5-week low, Reuters and CFTC data show.


Net long dollar position was $14.71 billion on May 31. Last week, speculators net long $17.65.

Technical Analysis Daily Swing Chart

Daily swing chart shows a downtrend. A transaction over 102.750 will reverse the trend. Passing 101.420 will resume the downturn.


97.730-105.065 is the range. 101.395 to 100.530 is support.


99.810 to 105.065 The index is probing 102.440 to 101.815.


Short-term range: 105.065-101.420. If the trend turns to up, 103.245 might be tested.