Forex News
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Caitlin Clark appears to be on the cusp of setting another record. The most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with Nike by signing a $28 million contract that spans eight years and includes a signature shoe. The Wall Street Journal and The Athletic reported the pending deal, ...
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The UK Financial Conduct Authority (FCA) has launched criminal proceedings against Lee Steven Maggs of Sittingbourne, Kent, for two counts of fraud and one count of breaching the Financial Services and Markets Act 2000 (FSMA). The three counts are as follows: • Carrying on regulated activity (namely managing investments) whilst unauthorised, contrary to ...
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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: *YEN WEAKENS TO KEY 155 LEVEL ADDING TO INTERVENTION SPECULATION post: USD/JPY FALLS BACK BELOW 155 IN VOLATILE TRADE post: Dollar-Yen just did a quick peak above the 155 level for the first time since 1990. pic.twitter.com/WiRkNPcTQx
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The yen fell on Wednesday to its weakest levels against the dollar since 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up their currency. The dollar reached as high as 155.17 yen, its strongest since 1990, before falling back in choppy trading, a sign of market nervousness around the 155 level. It was last at ...
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post: ECB'S NAGEL: WE ARE NOT FULLY CONVINCED THAT INFLATION WILL ACTUALLY RETURN TO THE TARGET IN A TIMELY AND SUSTAINED MANNER. post: ECB'S NAGEL: A JUNE RATE CUT IS NOT NECESSARILY FOLLOWED BY A SERIES OF RATE CUTS post: ECB'S NAGEL: SERVICES INFLATION REMAINS HIGH AND DRIVEN BY CONTINUED STRONG WAGE GROWTH. post: ECB'S NAGEL: WE CANNOT PRE-COMMIT TO A PARTICULAR RATE PATH. post: ECB'S NAGEL: IN FAVOUR OF A JUNE RATE CUT IF DATA SHOWS A RETURN TO 2%
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The yen fell on Wednesday to its weakest levels against the dollar since 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up their ...
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Finally at a cyclical turning point. Germany’s most prominent leading indicator, the Ifo index, has added to recent evidence of a bottoming out of the German economy. In April, ...
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The Purchasing Managers Index (PMI) is widely considered the most accurate indicator of economic activity available. It is a survey of supply chain managers across multiple ...
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post: *YEN WEAKENS TO KEY 155 LEVEL ADDING TO INTERVENTION SPECULATION post: USD/JPY FALLS BACK BELOW 155 IN VOLATILE TRADE post: Dollar-Yen just did a quick peak above the 155 level for the first time since 1990. pic.twitter.com/WiRkNPcTQx
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post: ECB'S NAGEL: WE ARE NOT FULLY CONVINCED THAT INFLATION WILL ACTUALLY RETURN TO THE TARGET IN A TIMELY AND SUSTAINED MANNER. post: ECB'S NAGEL: A JUNE RATE CUT IS NOT NECESSARILY FOLLOWED BY A SERIES OF RATE CUTS post: ECB'S NAGEL: SERVICES INFLATION REMAINS HIGH AND DRIVEN BY CONTINUED STRONG WAGE GROWTH. post: ECB'S NAGEL: WE CANNOT PRE-COMMIT TO A PARTICULAR RATE PATH. post: ECB'S NAGEL: IN FAVOUR OF A JUNE RATE CUT IF DATA SHOWS A RETURN TO 2%
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Durable goods orders for the month of March 2024 • Prior month 1.3% (revised). Revised even lower to 0.7% • nondefense capital goods orders ex air 0.2% vs 0.2% expected. • Prior ...
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A Canadian Dollar counter-offensive is underway with USD/CAD off nearly 1.4% from the yearly highs registered last week. A reversal off technical uptrend resistance is now searching support with an outside-reversal candle today poised to snap a five-day losing streak. These are the updated targets and invalidation levels that matter on the USD/CAD weekly ...
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The US dollar advanced in the first half of Wednesday’s session, as the likes of the pound and euro gave back some of the PMI-related gains made in the previous session. However, the Aussie dollar was still holding onto its overnight gains after an unexpected increase in inflation data led to a hawkish reassessment of Aussie interest rates. While the ...
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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 ...