Forex News
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United Auto Workers President Shawn Fain is under investigation by a federal court-appointed watchdog who is tasked with monitoring the union and eliminating corruption, according to a Monday court filing. The monitor, Neil Barofsky, is investigating whether Fain abused his power as union president. He also accuses union leaders, including Fain, of ...
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The millionaire investment banker who allegedly slugged a woman in the face during a Pride event in Brooklyn over the weekend once touted the importance of having “empathy” and an “understanding” of others. Jonathan Kaye, a managing director at Moelis & Co., was identified by social media users as the man caught on camera punching the woman and sending her ...
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In the late 1960s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to PF, loose central bank policies set the platform for lower economic growth and a higher rate of inflation, or stagflation. PF’s Explanation of Stagflation Starting from ...
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post: ZELENSKIY: UKRAINE EXPECTS TO SECURE BILLIONS OF EUROS IN DEALS AT THIS CONFERENCE FOR MILITARY PROUDCTION, ENERGY
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This month's figures continue to show signs that the labour market may be cooling, with the number of vacancies still falling and unemployment rising, though earnings growth remains relatively strong. Short-term movements varied across our different measures of employment. There were decreases in estimates of employment from the Labour Force Survey and in ...
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That’s the title of a Timiraos/WSJ article three days ago: Typically in the recovery from a downturn, households are more cautious about spending and are likely to save. When rates are low, borrowing supports spending. High rates choke off that spending. This time, economic activity has been supported more by wealth and incomes than by credit. The pandemic ...
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That’s the title of a Timiraos/WSJ article three days ago: Typically in the recovery from a downturn, households are more cautious about spending and are likely to save. When ...
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The Australian economy is now a bit like a car that is struggling to get up a hill. At the bottom of the hill – the depths of the COVID pandemic – a whole lot of fuel was added to ...
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The Bank of Japan is broadly expected to discuss cutting bond purchases at a policy meeting ending Friday, with some investors expecting the central bank to also lay the ...
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China's Major State-Owned Banks Seen Selling Dollars For Yuan In Onshore FX Market To Stabilize Chinese Currency, Sources Say.
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This month's figures continue to show signs that the labour market may be cooling, with the number of vacancies still falling and unemployment rising, though earnings growth ...
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post: ZELENSKIY: UKRAINE EXPECTS TO SECURE BILLIONS OF EUROS IN DEALS AT THIS CONFERENCE FOR MILITARY PROUDCTION, ENERGY
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GBPUSD has been in a steady recovery following its bounce off the 2024 bottom of 1.2298, with the price violating both the 50- and 200-day simple moving averages (SMAs). In the near term, although the pair surged to an almost three-month high, it sustained some losses probably due to some profit taking. Should the pullback extend, the recent support of ...
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A surprise announcement by French President Emmanuel Macron to hold a snap election following a heavy defeat in the European Parliamentary elections shook the euro on Monday. It is not often we see euro pairs dominate volatility at the very beginning of the trading week, but the announcement was enough to see euro pairs gap down, sending EUR/GBP down to a ...
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This Wednesday is set to be crucial for gaining economic insights, with several key reports and decisions lined up. In Wednesday night we will see the release of the May Consumer Price Index (CPI) report, followed by the June Federal Open Market Committee (FOMC) meeting in the Thursday morning. Additional data on the Producer Price Index (PPI), import ...