EUR/USD retreats towards 1.0700 despite initial US debt ceiling deal, US NFP, Eurozone inflation eyed – by anilpanchal7 EURUSD ECB Fed Inflation NFP
ir grinds higher following a corrective bounce off the lowest levels since March 20, marked the previous day, but fails to gather upside momentum amid mixed feelings and holidays in the US and most part of the Eurozone on Monday.
US President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to raise the federal government's $31.4 trillion debt ceiling through January 2025. The deal, however, lacks support from some of the extreme leftists and rightists due to the compromise each party had to do to reach the agreement. It should be noted that the debt ceiling deal needs to pass through the House on Wednesday and the Senate by June 05 to avoid the looming ‘catastrophic’ default.
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EUR/USD: Weekly Forecast 28th May - 3rd JuneTraders who have jumped onto the selling bandwagon of the EURUSD have likely enjoyed the past handful of days- Forex Forecast
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Man faces up to 10 years in prison after arrest for opening plane emergency exit doorThe South Korean citzen told investigators that he felt suffocated and was trying to get off the plane quickly, while it was still 700 feet in the air.
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Man faces up to 10 years in prison after arrest for opening plane emergency exit doorA man who opened an emergency exit door during a flight in South Korea was formally arrested Sunday and faces up to 10 years in prison on a charge of violating the aviation security law, officials said.
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Man who opened emergency door on South Korea flight told police he felt suffocatedSouth Korean media say a man who opened an emergency exit door during a domestic flight told police he felt suffocated and tried to get off the plane quickly as it was landing. The man was detained by police in Daegu for allegedly violating the aviation security law. If convicted, he could face up to 10 years in prison. The man pulled the door open when the plane was reaching the Daegu airport at an altitude of 700 feet. Yonhap news agency cited police as saying the 33-year-old suffered stress after losing his job recently. He reportedly told police he wanted to get out soon after landing because he was feeling suffocated. Twelve people were treated for minor injuries.
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Biden, McCarthy reach tentative US debt ceiling deal By Reuters⚠️BREAKING: *BIDEN, MCCARTHY REACH TENTATIVE U.S. DEBT CEILING DEAL 🇺🇸🇺🇸
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