Forex News
-
Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. Fast forward to this week, and his net worth has ballooned to over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his 5 ...
-
The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds, federal prosecutors said Monday. The scheme — which involved cryptocurrency, tens of thousands of prepaid debit cards, fraudulently obtained unemployment insurance ...
-
Inflation and wages are kind of a chicken or egg issue. Do higher prices cause higher wages or do higher wages cause higher prices? I suppose it’s probably a little of both. There is an obvious relationship when you look at the data. Here’s a look at year-over-year wage growth versus trailing twelve-month inflation going back to 1965: chart Wages grow ...
-
post: THE BOJ IS SAID TO MULL REDUCING BOND BUYS AS EARLY AS THE JUNE MEETING. post: THE BOJ SAID TO WATCH MARKETS TILL THE LAST MOMENT BEFORE DECIDING, WHILST HAVING NO INTENTION TO SURPRISE BOND TRADERS.
-
The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of hires and total separations were little changed at 5.6 million and 5.4 million, respectively. Within separations, quits (3.5 million) and layoffs and discharges (1.5 million) ...
-
The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a softening US economy boosted the case for earlier Federal Reserve interest rate cuts. The US currency also slumped to its weakest in 2 1/2 months versus the Swiss franc after data showed a second straight month of slowdown in manufacturing activity and an ...
-
The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a softening US economy boosted the case for earlier Federal Reserve interest ...
-
When a guard patrolling Poland’s eastern border was attacked by a migrant trying to illegally cross from Belarus last month, Prime Minister Donald Tusk rushed to the scene. ...
-
The dollar's losses scored after yesterday's disappointing ISM manufacturing report were extended initially in Asia Pacific turnover earlier today before it recovered. The ...
-
post: THE BOJ IS SAID TO MULL REDUCING BOND BUYS AS EARLY AS THE JUNE MEETING. post: THE BOJ SAID TO WATCH MARKETS TILL THE LAST MOMENT BEFORE DECIDING, WHILST HAVING NO INTENTION TO SURPRISE BOND TRADERS.
-
The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of ...
-
The consumer price index (CPI) increased by 0.3% in May 2024 compared with the previous month, reaching 107.7 points (December 2020 = 100). Inflation was +1.4% compared with the ...
-
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). On Tuesday, the pair posted a fresh two-month peak, but quickly sustained some losses as the rally is starting to look overdone. If the price extends its upward trajectory, the bulls could ...
-
We’re now in an important spot of the economic calendar as the next two weeks bring rate decisions out of both Europe and the United States. There’s an NFP report set to be released in-between and we just had the most recent installment of US Core PCE, which led to a volatile finish to last week. In EUR/USD, the bullish breakout that pushed in mid-May on ...
-
Dear Clients and Partners, We are thrilled to announce that RoboMarkets' premium partnership with BMW M Motorsport has been extended for the 2024-2025 racing season. The lightning-fast BMW M4 GT3, proudly displaying the RoboMarkets logo and piloted by the experienced René Rast, is already poised to be the first to cross the finish line in all DTM (Deutsche ...