Forex News
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The Commodity Futures Trading Commission today announced Judge Linda V. Parker of the U.S. District Court for the Eastern District of Michigan issued an order of default judgment and a permanent injunction against Darren Robinson, a former resident of Miami, Florida, and his firm The QYU Holdings Inc. (QYUHI), a Wyoming corporation with a purported ...
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Contemporary artist Sacha Jafri prides himself on his unique way of working. His “huge” Dubai studio includes three gallery spaces, a digital space, an office and a boardroom. He even has a room dedicated to nonfungible tokens, or NFTs. The space is home to around 40 paintings, largely made up of his retrospective collection, along with one-off pieces and ...
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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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The BOJ came, issued the shortest statement in the history of central banks... chart ... and left, leaving traders stunned and speechless at the sheer idiocy of the world's most clownish central bank, which has decided to invite currency collapse the same abandon as Zimbabwe, if it means pushing up domestic stonks a little bit more even as hyperinflation ...
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So the core PCE deflator has indeed come in at 0.3% month-on-month, with upward revisions to January and February, rather than the 0.48% MoM implied by the quarterly PCE deflator from yesterday, assuming no revisions. In the great scheme of things, inflation was still far too hot in the first quarter, but the monthly profile doesn't look as concerning as it ...
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post: YEN WEAKENS 1.7% TO SESSION LOW AT 158.33 PER DOLLAR
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So the core PCE deflator has indeed come in at 0.3% month-on-month, with upward revisions to January and February, rather than the 0.48% MoM implied by the quarterly PCE deflator ...
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Having already lost more than 10% of its value versus the US dollar this year, the yen plunged further overnight after Bank of Japan Governor Kazuo Ueda indicated monetary policy ...
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The BOJ came, issued the shortest statement in the history of central banks... chart ... and left, leaving traders stunned and speechless at the sheer idiocy of the world's most ...
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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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post: YEN WEAKENS 1.7% TO SESSION LOW AT 158.33 PER DOLLAR
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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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Main scenario: consider long positions from corrections above the level of 1.3553 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3553 will allow the pair to continue declining to the levels of 1.3418 – 1.3170. Analysis: the ascending first wave of larger degree (1) continues developing on the daily ...
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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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The Funded Trader, a prop trading firm that halted payouts and temporarily suspended services for three weeks, came back online last week and is now in the process of moving its base from the United States to the Cayman Islands. “The Funded Trader LLC, headquartered in the USA, is currently in the process of transitioning its operations to an entity located ...