Forex News
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Aurora viewers will want to keep their eyes on the sky this weekend as solar flares from the Sun are hurling towards Earth. NOAA has upgraded a geomagnetic solar storm watch from a Level 3 (“moderate”) to a Level 4 (“severe”) as several solar flares have combined. That could grace the northern tier skies with brilliant auroras but also trigger GPS problems, ...
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Sam Bankman-Fried has swapped crypto for a new kind of currency behind bars: bags of rice. The disgraced FTX founder has been jailed at Brooklyn’s Metropolitan Detention Center as he waits to be transferred to a federal prison to serve a 25-year sentence. Bankman-Fried was convicted for wire fraud, money laundering and conspiracy last year. The 32-year-old ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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At last week’s meeting, the Fed appeared less hawkish than expected, with Chair Powell ruling out rate hikes and hinting that they are still leaning towards cuts. The softer-than-expected jobs report for April corroborated that view, which was echoed by more policymakers this week. The only official expressing a different view was Minneapolis Fed President ...
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China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. The closely watched numbers follow official surveys showing cooling factory and services activity, as concerns rise about economic growth losing momentum, weighed down by a ...
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It was a strong week for the stock market as equities continued their incline from the week before, after the Fed sounded dovish and NFP printed below-expectations. The US Dollar has so far shown a gain on the week but it’s moderate and likely a symptom of the 105.00 support level that was in-play on Monday. The big focus for next week is the US CPI report ...
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At last week’s meeting, the Fed appeared less hawkish than expected, with Chair Powell ruling out rate hikes and hinting that they are still leaning towards cuts. The ...
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China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. ...
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post: FED'S KASHKARI: I AM CAUTIOUS ABOUT HOW RESTRICTIVE MONETARY POLICY IS. post: FED'S KASHKARI: I AM IN WAIT AND SEE MODE ABOUT THE FUTURE OF MONETARY POLICY. post: FED'S KASHKARI: THE BAR IS HIGH FOR ANOTHER RATE HIKE, BUT CAN'T RULE IT OUT - CNBC.
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post: US TREASURY SEC. YELLEN: GROWING NONBANK MORTGAGE SECTOR PRESENTS UNIQUE RISKS, REQUIRES GREATER OVERSIGHT TO PROTECT FINANCIAL STABILITY
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It was a strong week for the stock market as equities continued their incline from the week before, after the Fed sounded dovish and NFP printed below-expectations. The US Dollar has so far shown a gain on the week but it’s moderate and likely a symptom of the 105.00 support level that was in-play on Monday. The big focus for next week is the US CPI report ...
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Main scenario: consider long positions from corrections above the level of 1.2453 with a target of 1.2821 – 1.3000. Alternative scenario: breakout and consolidation below the level of 1.2453 will allow the pair to continue declining to the levels of 1.2294 – 1.2033. Analysis: the first wave of larger degree (1) is presumably formed, a correction developed ...
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Dear Traders, As part of our commitment to providing the best trading experience to our customers, we want to inform you of upgrades to our cTrader Servers on Sunday, 12 May 2024. During the upgrade, the cTrader backend and associate services may be unavailable for a short period, according to the times below: • Start Date and Time: Sunday, 12 May 2024 ...