Forex News
-
Today, in light of intensified terrorist activity in the Middle East, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory to assist financial institutions in detecting potentially illicit transactions related to Islamic Republic of Iran-backed terrorist organizations. The Advisory highlights the means by ...
-
The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an independent report released on Tuesday that raises questions about the future of the banking regulator’s leadership. The report, prompted by a Wall Street Journal investigation, cited accounts from more than 500 ...
-
By drawing trendlines on price charts, you can identify long-term trends and potentially profit from them. This guide will walk you through everything you need to know about trendline trading, from the basics of drawing trendlines to using them to enter and exit trades. Along the way, we'll also explore some common pitfalls to avoid and how to use other ...
-
Japan's economy has recovered moderately, although some weakness has been seen in part. It is likely to keep growing at a pace above its potential growth rate, as a virtuous cycle from income to spending gradually intensifies. Upward revisions have been observed in the outlook for overseas economies overall, particularly for the U.S. economy. Although private consumption has been relatively weak, reflecting price rises, it is likely to regain momentum, given that momentum in wage hikes has been strong recently. If firms postpone business fixed investment due to factors such as supply-side constraints, this could lead them to lose business opportunities and hinder improvement in their productivity, and in turn create a risk that firms will not be able to secure enough resources for wage hikes. Therefore, attention is warranted on developments in business fixed investment. While the output gap has been at around 0 percent, the weighted average of the diffusion indexes (DIs) for production capacity and employment conditions in the Tankan (Short-Term Economic Survey of Enterprises in Japan) indicates that shortages of production capacity and labor have been at historically high levels. In determining whether Japan's economy will keep growing steadily at a pace above its potential growth rate throughout the projection period, it post: BOJ MEMBER SUGGESTS RATE PATH MAY BE HIGHER THAN MARKET EXPECTATIONS. post: BOJ MEMBER EMPHASIZES NEED FOR APPROPRIATE RATE INCREASE AT THE RIGHT TIME
-
post: RUSSIA'S PUTIN: RUSSIA WILL DO EVERYTHING TO AVOID GLOBAL CONFRONTATION post: RUSSIA'S PUTIN: RUSSIA HAS NEVER DENIGRADED THE CONTIBUTION OF ALLIIES IN WORLD WAR TWO post: PUTIN: OUR STRATEGIC FORCES ARE ALWAYS COMBAT READY PUTIN: WE WILL NOT ALLOW ANYONE TO THREATEN US
-
Even though the US 10yr is off highs hit prior to the FOMC meeting, there is a certain resilience being shown at the hold in the 4.5% area. Whatever the tone of last week's FOMC meeting, the most important information for Treasuries will come from next week's CPI report, and we are still looking at 0.3% and 0.4% month-on-month combos, which remains too hot. ...
-
Even though the US 10yr is off highs hit prior to the FOMC meeting, there is a certain resilience being shown at the hold in the 4.5% area. Whatever the tone of last week's FOMC ...
-
At the Monetary Policy Meeting (MPM) held on March 18 and 19, 2024, the Bank of Japan changed its monetary policy framework, judging that it was now within sight that the price ...
-
A simple model points to a risk that US inflation takes longer to return to the 2% target than expected by the Fed because inflation dynamics have not returned to pre-COVID ...
-
Japan's economy has recovered moderately, although some weakness has been seen in part. It is likely to keep growing at a pace above its potential growth rate, as a virtuous cycle from income to spending gradually intensifies. Upward revisions have been observed in the outlook for overseas economies overall, particularly for the U.S. economy. Although private consumption has been relatively weak, reflecting price rises, it is likely to regain momentum, given that momentum in wage hikes has been strong recently. If firms postpone business fixed investment due to factors such as supply-side constraints, this could lead them to lose business opportunities and hinder improvement in their productivity, and in turn create a risk that firms will not be able to secure enough resources for wage hikes. Therefore, attention is warranted on developments in business fixed investment. While the output gap has been at around 0 percent, the weighted average of the diffusion indexes (DIs) for production capacity and employment conditions in the Tankan (Short-Term Economic Survey of Enterprises in Japan) indicates that shortages of production capacity and labor have been at historically high levels. In determining whether Japan's economy will keep growing steadily at a pace above its potential growth rate throughout the projection period, it post: BOJ MEMBER SUGGESTS RATE PATH MAY BE HIGHER THAN MARKET EXPECTATIONS. post: BOJ MEMBER EMPHASIZES NEED FOR APPROPRIATE RATE INCREASE AT THE RIGHT TIME
-
Japan finance minister Suzuki remarks to prop up the yen: • Important for currencies to move in stable manner reflecting fundamentals. • Rapid fx moves undesirable. • Closely ...
-
post: RUSSIA'S PUTIN: RUSSIA WILL DO EVERYTHING TO AVOID GLOBAL CONFRONTATION post: RUSSIA'S PUTIN: RUSSIA HAS NEVER DENIGRADED THE CONTIBUTION OF ALLIIES IN WORLD WAR TWO post: PUTIN: OUR STRATEGIC FORCES ARE ALWAYS COMBAT READY PUTIN: WE WILL NOT ALLOW ANYONE TO THREATEN US
-
EURGBP started May’s session on the right foot, swiftly reversing up after touching the support trendline taken from the March lows. On Wednesday, the pair reached a high of 0.8616, but it quickly lost most of its gains and closed below the 200-day SMA around 0.8600. The RSI indicates more bullish potential as the price continues to rise, but the stochastic ...
-
The Canadian Dollar is on the defensive for a second consecutive week with USD/CAD rebounding off yearly uptrend support. The immediate focus is on a breakout of the May opening-range with the threat for a deeper correction remaining while below 1.3880. These are the updated targets and invalidation levels that matter on the USD/CAD weekly technical chart. ...
-
OANDA, the online multi-asset trading service provider, has promoted Lucian Lauerman to Deputy Chief Operating Officer. Previously, Lauerman served as the Head of Digital Assets at the firm for more than two years. He joined OANDA in 2019 as Head of Data Services. According to his LinkedIn profile, Lauerman has held key roles in notable companies such as ...