Forex News
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The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator’s leadership. The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 ...
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Goldman Sachs said on Tuesday it had appointed Robert Kaplan, the former president of the Federal Reserve Bank of Dallas, as its vice chairman, adding an influential former policymaker and Goldman alumni to its management committee. Kaplan will give strategic advice to the Wall Street giant's clients globally, working closely with its teams across global ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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Differences between U.S.-led Western and China-aligned economic blocs threaten global trade cooperation and economic growth, a top official with the International Monetary Fund warned on Tuesday. IMF Deputy Managing Director Gita Gopinath said in a speech at Stanford University that events such as the global pandemic and Russia’s invasion of Ukraine have ...
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Inflation is approaching the target while economic activity is weak. The Riksbank can therefore ease monetary policy. The Executive Board has decided to cut the policy rate by 0.25 percentage points to 3.75 per cent. If the outlook for inflation still holds, the policy rate is expected to be cut two more times during the second half of the year.Monetary ...
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The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May. That’s a big change compared to just three months ago. Back in February, the Reserve Bank assumed three rate cuts before the middle of the next year. Its newly-updated assumptions have interest rates ...
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China's foreign exchange (forex) reserves totaled $3.201 trillion as of the end of April, down by $44.8 billion, or 1.38 percent, from the end of March, according to data released ...
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The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May. That’s a big change ...
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Differences between U.S.-led Western and China-aligned economic blocs threaten global trade cooperation and economic growth, a top official with the International Monetary Fund ...
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Bank of Japan Governor Ueda: • Don't see yen moves as having a big impact on trend inflation so far but there is risk impact could become more significant in the future. • Don't ...
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Inflation is approaching the target while economic activity is weak. The Riksbank can therefore ease monetary policy. The Executive Board has decided to cut the policy rate by ...
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post: ECB'S WUNSCH: I SEE A PATH FOR INITIATING RATE CUTS THIS YEAR || COSTS OF REMAINING TIGHT FOR TOO LONG SEEM TO OUTWEIGH THE COST OF PREMATURE EASING post: ECB'S WUNSCH: THERE IS ROOM TO CUT 50 BASIS POINTS BUT WHEN WILL DEPEND ON DATA || SEES NEED FOR CRITICAL REEVALUATION OF ECB'S MODELLING FRAMEWORK, ROLE OF MODELS IN POLICYMAKING post: ECB'S WUNSCH: THE COSTS OF REMAINING TIGHT FOR TOO LONG SEEM TO OUTWEIGH THE COST OF PREMATURE EASING.
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GBPUSD had been in a recovery mode following its bounce off the five-month bottom of 1.2298, with the price temporarily violating the 200-day simple moving average (SMA). However, the pair retraced back below the downward sloping trendline, in place since March, after failing to conquer the 50-day SMA. Should bearish pressures persist, the price may retreat ...
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Bitcoin experienced a slight decline of 0.2% against the dollar in the last session, following a notable rise of 1.8% earlier in the session. The Rate of Change (ROC) indicator is signaling positivity. Amazon shares experienced a minor correction, dropping by 0.1% in the last session. However, the Moving Average Convergence Divergence (MACD) indicator is ...
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IC Markets has become the latest forex and contracts for difference (CFDs) broker to obtain a regulatory license in Kenya, Finance Magnates has learned. The Capital Markets Authority (CMA) in Kenya granted the license to the locally registered IC Markets Kenya Limited. According to the Kenyan regulator, the IC Markets entity has been licensed to operate as ...