Forex News
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Superyachts sales took a dive in 2023, as long waiting lists, soaring costs and oligarch sanctions hit demand, according to a new report. Sales of new superyachts (yachts over 100 feet long) fell 17% last year, according to the new SuperYacht Times’ State of Yachting report. There were 203 sales of new superyachts in 2023, down from 245 in 2022 and down ...
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Dave Portnoy has declared himself the “hottest gamblers on the planet” after another big win thanks to Scottie Scheffler’s triumph at The Masters. The Barstool Sports founder is on a $5.4 million winning streak full of massive bets on some of 2024’s biggest sporting events. “Guys I don’t think people realize what we are witnessing,” Portnoy wrote on X. “To ...
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Governments increasingly use export controls to limit the spread of domestic cutting-edge technologies to other countries. The sectors that are currently involved in this geopolitical race include semiconductors, telecommunications, and artificial intelligence. Despite their growing adoption, little is known about the effect of export controls on supply ...
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post: BOE GOV. BAILEY: THE UK ECONOMY ON TRACK WITH FEBRUARY FORECASTS. post: BANK OF ENGLAND'S BAILEY: WE'RE PRETTY MUCH ON TRACK FOR WHERE WE THOUGHT WE WOULD BE IN FEBRUARY ON INFLATION post: BoE’s Bailey: I Expect Next Month’s Inflation Number Will Show Quite a Strong Drop post: BOE GOV. BAILEY: RISKS REMAIN FROM THE MIDDLE EAST CONFLICT. post: BOE GOV. BAILEY: OIL PRICES HAVEN'T LEAPED AS MUCH AS EXPECTED.
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The dollar is moving sharply higher on foreign exchange markets. Changing monetary policy expectations and geopolitical tumult are ripping up expectations from earlier this year of the dollar easing amid a softening US economy and accommodation from the Federal Reserve. The latest sticky US inflation data, coupled with continued robust activity and turmoil ...
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The Euro to Dollar (EUR/USD) exchange rate has already retreated to 5-month lows just above the 1.0600 level as the theme of divergence between US and Euro interest rates has gained traction. Credit Agricole expects two main factors to drive further losses ahead with a heightened risk that the pair will revisit parity, a level last seen in November 2022. ...
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The dollar is moving sharply higher on foreign exchange markets. Changing monetary policy expectations and geopolitical tumult are ripping up expectations from earlier this year ...
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In a sense, this is the first time that I have the opportunity to start sharing with you how the design and the philosophy of my report are shaping out. For a long time, ...
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The Euro to Dollar (EUR/USD) exchange rate has already retreated to 5-month lows just above the 1.0600 level as the theme of divergence between US and Euro interest rates has ...
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post: BOE GOV. BAILEY: THE UK ECONOMY ON TRACK WITH FEBRUARY FORECASTS. post: BANK OF ENGLAND'S BAILEY: WE'RE PRETTY MUCH ON TRACK FOR WHERE WE THOUGHT WE WOULD BE IN FEBRUARY ON INFLATION post: BoE’s Bailey: I Expect Next Month’s Inflation Number Will Show Quite a Strong Drop post: BOE GOV. BAILEY: RISKS REMAIN FROM THE MIDDLE EAST CONFLICT. post: BOE GOV. BAILEY: OIL PRICES HAVEN'T LEAPED AS MUCH AS EXPECTED.
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The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.8% in the 12 months to March 2024, unchanged from February. On a monthly basis, CPIH rose by ...
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post: ECB'S PRESIDENT LAGARDE: EURO-AREA INFLATION DIFFERENT ANIMAL THAN IN THE US. post: ECB'S LAGARDE:GROWTH IN EUROPE MEDIOCRE, MUCH SLOWER THAN IN THE U.S.
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GBPUSD offered shorts an entry at 1.2498 early this week, but markets point to a more appealing risk-reward in the coming days. Get the details in today’s video, and see why the US Dollar Index (DXY) is pulling back today. GBPUSD is consolidating this week following last week’s selloff that took the pair below 1.2500 support. As mentioned in Saturday’s ...
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Japanese policymakers were, once again, on the wires overnight, bemoaning the ongoing depreciation of the Japanese yen. In a “cut and paste” reiteration of countless proclamations over the last few months, Japan’s Chief Cabinet Secretary Yoshimasa Hayashi noted that “rapid FX moves are undesirable” and that it’s “important for currencies to move in a stable ...
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Reuters is reporting that Copenhagen based Retail FX and CFDs broker Saxo Bank has invited investment banks to pitch for a role in helping to sell the company. It is expected that a sale process will begin later this year, depending on overall market (and company) conditions. Reuters quoted people familiar with the matter as saying that a sale could value ...