Forex News
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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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Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar. chart The Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager ...
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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 Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were Rents (+2.1%), Secondary education (+6.1%), Tertiary education (+6.5%) and Medical and hospital services (+2.3%). Main features: All groups CPI, Australia, quarterly and annual ...
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On Wednesday, investors may begin to focus on the Friday, April 26, session. Inflation numbers from Tokyo need consideration after recent comments from Bank of Japan Governor Kazuo Ueda. The Bank of Japan Governor spoke on Tuesday (April 23), warning about rate hikes if inflation continued to accelerate toward the 2% target. On Friday, inflation numbers ...
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On Wednesday, investors may begin to focus on the Friday, April 26, session. Inflation numbers from Tokyo need consideration after recent comments from Bank of Japan Governor ...
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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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AUD/USD is charging higher, powered by a hotter-than-expected Australian March quarter consumer price inflation report that has seriously dented the case for rate cuts from the ...
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The Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were ...
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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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GBPUSD is recovering from the five-month low of 1.2300 that was posted on Monday and is heading towards the restrictive region of 1.2495-1.2520. The pair has started a bearish tendency since the price peaked at 1.2892 in the short-term timeframe. According to technical oscillators, the MACD is trying to cross its trigger line to the upside beneath the zero ...
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Last year, we looked at charts of Silver/Euro and Dow/Gold, both of which were on the verge of significant long-term breakouts. Since that time, the suspected breakouts have occurred, providing key evidence that the bull market in precious metals is indeed underway. It's time to review these fascinating charts. chart We'll start with Silver/Euro and note ...
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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 ...