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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Last week, I had the pleasure of hosting a webcast on gold and gold mining stocks, and I was happy to be joined by portfolio manager Ralph Aldis. Thanks to all who participated! Regretfully, I’m not permitted to share a replay of our discussion since it was intended for financial advisors, but there are a few key points I’d like to highlight. Gold hit a ...
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Last week, I had the pleasure of hosting a webcast on gold and gold mining stocks, and I was happy to be joined by portfolio manager Ralph Aldis. Thanks to all who participated! ...
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Turkey, Iraq, Qatar and the United Arab Emirates signed a memorandum of understanding in Baghdad to cooperate on the Iraq Development Road project that would connect the Gulf to ...
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The timing of the Fed’s potential next move was a hot topic during the VettaFi Fixed Income Symposium last week. Close to 600 live attendees, and many more via replay, heard from ...
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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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Bank of Japan Governor Ueda: • Don't have any preset idea on timing, pace of future rate hike. • If trend inflation accelerates in line with our forecast, we will adjust degree of ...
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UK private sector activity expanded for the sixth consecutive month in April as a robust recovery in service sector output helped to offset a marginal decline in manufacturing ...
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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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Whether you want to call it a bullish hammer, dragonfly doji, false downside break or morning star, the price action on the AUD/USD daily suggests the path of least resistance is higher in the near-term. With momentum indicators also starting to turn, the grounds for a more meaningful rebound appear to be building. AUD/USD rebound may extend Friday’s big ...
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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 ...