Forex News
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As the nation reflects on the many ways to protect our environment this Earth Day, the Financial Crimes Enforcement Network (FinCEN) reminds financial institutions to remain vigilant in identifying and reporting suspicious activity related to environmental crimes. Environmental crimes frequently involve transnational criminal activity related to several of ...
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A Japanese boy allegedly spent three weeks piecing back together a 10,000 yen bill like a jigsaw puzzle after it had been accidentally put through a paper shredder. Japanese Twitter user ‘Tomo’ recently completed one of the hardest puzzles he’s ever done – putting back together a 10,000 yen ($65) bill that had been shredded into thousands of pieces. ...
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In a recent post, I tried to warn people about the substantial and growing chance of World War 3. My post was focused on the risk that a war will occur, but it didn’t really focus on the risk that the US and its allies will be defeated in that war. Yes, nuclear weapons are a factor, but there’s no certainty they’ll be unleashed in WW3, even by the losing ...
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post: BOE'S PILL: COMBINATION OF LITTLE NEWS AND THE PASSAGE OF TIME HAVE BROUGHT A BANK RATE CUT SOMEWHAT CLOSER. post: BOE'S PILL: OUTLOOK HAS NOT CHANGED MUCH SINCE THE START OF MARCH. post: BOE'S PILL: A CUT IN THE BANK RATE WOULD NOT ENTIRELY UNDO THE RESTRICTIVE STANCE OF POLICY. post: BOE'S PILL: HOW AND WHEN I WOULD VOTE FOR A BANK RATE CUT DEPENDS CRUCIALLY ON HOW SUCH A DECISION TRANSMITS TO INFLATION, IN PARTICULAR ALONG THE MONEY MARKET YIELD CURVE. post: BOE'S PILL: MPC CURRENTLY NEEDS TO MAINTAIN RESTRICTIVENESS IN ITS MONETARY POLICY STANCE.
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US business activity continued to increase in April, but the rate of expansion slowed amid signs of weaker demand. The latest rise in output was the smallest in the year-to-date reflecting reduced rates of growth and falling orders in both the manufacturing and services sectors. April saw an overall reduction in new orders for the first time in six months. ...
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Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials. “Amid no change in US and Japan interest rates, the yen has depreciated against the dollar quite rapidly,” said Mitsuhiro Furusawa, former vice minister of finance for international affairs, in an interview with ...
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Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials. “Amid no change in US and Japan ...
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The US economy powered ahead in the first quarter, as strong hiring activity and gradually waning inflationary pressures boosted consumer spending, keeping growth on solid ...
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The US economy appears on track to post softer growth in the first-quarter GDP report scheduled for release on Thursday (Apr. 25), based on the median for a set of nowcasts ...
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post: BOE'S PILL: COMBINATION OF LITTLE NEWS AND THE PASSAGE OF TIME HAVE BROUGHT A BANK RATE CUT SOMEWHAT CLOSER. post: BOE'S PILL: OUTLOOK HAS NOT CHANGED MUCH SINCE THE START OF MARCH. post: BOE'S PILL: A CUT IN THE BANK RATE WOULD NOT ENTIRELY UNDO THE RESTRICTIVE STANCE OF POLICY. post: BOE'S PILL: HOW AND WHEN I WOULD VOTE FOR A BANK RATE CUT DEPENDS CRUCIALLY ON HOW SUCH A DECISION TRANSMITS TO INFLATION, IN PARTICULAR ALONG THE MONEY MARKET YIELD CURVE. post: BOE'S PILL: MPC CURRENTLY NEEDS TO MAINTAIN RESTRICTIVENESS IN ITS MONETARY POLICY STANCE.
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US business activity continued to increase in April, but the rate of expansion slowed amid signs of weaker demand. The latest rise in output was the smallest in the year-to-date ...
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post: EX-OFFICIAL: JAPAN IS VERY CLOSE TO INTERVENTION IF YEN FALLS MORE.
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It has been a risk-on session so far, with equity indices rising sharply for the second consecutive day ahead of Tesla’s earnings tonight and other big tech companies reporting this week. Also on the rise today have been markets such as crude oil, the EUR/USD and even the GBP/USD. Sentiment was lifted by stronger PMI data from the services sector in Europe ...
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NZDUSD has been in an aggressive downtrend since its double rejection at the 0.6217 region in early March. Although the pair posted a fresh five-month bottom of 0.5851 last week, it seems that the retreat has paused for now. Given that both the RSI and MACD remain tilted to the downside, the price might revisit 0.5899, which is the 78.6% Fibonacci ...
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FNG has learned that a number of leading (and not-so-leading) retail prop trading firms have begun to implement rules for their clients that restrict the trades that can be made (or, profit that can be booked) by traders immediately around major news events. The practice, known as News Trading, is a risky strategy whereby a trader takes a significant ...