Forex News
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Spanish Prime Minister Pedro Sanchez has said he will halt his public duties after a judicial investigation was launched into corruption allegations against his wife. The Socialist leader said on Wednesday that while the allegations against his wife Begona Gomez were false, he was cancelling his public agenda until Monday, when he will appear before the ...
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Company says automated machinery to make salads, bowls and guacamole could appear in restaurants in the second half of this year Chipotle Mexican Grill Inc. does a lot of business in California, where a new law raising the minimum wage for fast-food workers to $20 an hour took hold this month. But as Wall Street analysts try to diagnose the impact on ...
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More than 130 countries and currency unions, representing 98 percent of global gross domestic product, are exploring a central bank digital currency (CBDC). But in the United States, CBDC has become highly politicized, with several leading politicians speaking out against its development. The race for the future of money is on, so here are the key items to ...
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At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for the money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight rate call to remain at around 0 to 0.1 percent. Regarding purchase of Japanese government ...
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Personal income increased $122.0 billion (0.5 percent at a monthly rate) in March, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). Disposable personal income (DPI), personal income less personal current taxes, increased $104.0 billion (0.5 percent) and personal consumption expenditures (PCE) increased $160.9 ...
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A first taste of intervention play by Tokyo perhaps? The pair is being quickly bought up though as the volatility swing sees it back up to the 155.70-90 range at the moment. The size of the move definitely invites the idea of Japanese officials stepping in but with the quick dip buying, the effectiveness is certainly questionable given the timing and ...
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The Japanese Yen (JPY) comes under fresh selling pressure after the Bank of Japan (BoJ) announced its policy decision and drops to a fresh multi-decade low against its American ...
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Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal Reserve, including a plan that could ...
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The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 1.6% annual rate in the first quarter. That’s a little lower than many analysts ...
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At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for the money market operations ...
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post: BoJ’s Ueda: Monetary Policy Is Not Aimed To Control FX Rates Directly -Weak Yen So Far Is Not Having A Big Impact On Trade Inflation
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A first taste of intervention play by Tokyo perhaps? The pair is being quickly bought up though as the volatility swing sees it back up to the 155.70-90 range at the moment. The ...
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GBPJPY is trading higher again today, recording its fourth consecutive green candle and preparing to test the June 24, 2015 high at 195.87. The market is digesting the BoJ meeting’s outcome, with the lack of hawkish rhetoric maintaining the underperformance of the ailing yen and increasing the pressure on the Japanese finance ministry to intervene. Momentum ...
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Euro is trading higher for a second consecutive week with EUR/USD building on a rebound off downtrend support. The focus is on this recovery towards trend resistance and the recent rally may be vulnerable into major event risk over the next few days. These are the updated targets and invalidation levels that matter on the Euro short-term technical heading ...
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IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector. Recognized by prestigious industry bodies for its robust service offerings, IronFX has already achieved significant milestones in the first quarter of ...