Forex News
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Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels. The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company’s wholly owned businesses — that surged 39% to $11.22 billion from the year-earlier ...
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Friday night’s ZeroHedge Debate explored which is the superior asset: Gold or Bitcoin. Arguing in favor of Gold were investor Peter Schiff and NYU economist Nouriel Roubini, who went toe-to-toe with crypto proponents Erik Voorhees, a cryptocurrency entrepreneur and wealth manager Anthony Scaramucci. video Schiff made the case that Bitcoin cannot be a ...
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Currency trading is somewhat unusual in that the price reflects what is happening in two different currency zones. If we want to discuss how currencies relate to inflation, we should keep in mind that we should be talking about the inflation rate in the two currencies. For example, if the inflation rate in Canada is 2% and the inflation rate in the United ...
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It was a big week for GBP/USD as the pair finally put in some strength above the 1.2500 psychological level. With the Fed still sounding somewhat dovish, GBP/USD could be one of the more attractive majors for scenarios of USD-weakness. GBP/JPY finally finished off the gap from 2008, which ran all the way up to the 198.08 level. As trading opened for the ...
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video The latest round of Gaza cease-fire talks ended in Cairo after “in-depth and serious discussions,” the Hamas militant group said Sunday, reiterating key demands that Israel again rejected. After earlier signs of progress, the outlook appeared to dim as Prime Minister Benjamin Netanyahu vowed to resist international pressure to halt the war. Israel ...
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Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels. The Warren Buffett-led conglomerate posted an operating profit — which encompasses earnings from the company’s wholly owned businesses — that surged 39% to $11.22 billion from the year-earlier ...
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The team takes a look at the US economy, the Trump & interest rate situation, China / Singapore and the crypto news.
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Global equity markets made solid gains on Friday. Weaker than expected US labour market data in conjunction with a soft services ISM pointed towards moderating economic activity, ...
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Friday’s NFP was released with stock markets finely poised inside the range set on FOMC day, while the USD was trading at lows last traded on the 11th April. Expectations were for ...
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video The latest round of Gaza cease-fire talks ended in Cairo after “in-depth and serious discussions,” the Hamas militant group said Sunday, reiterating key demands that ...
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US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency. ...
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post: PBOC SETS YUAN MID-POINT AT 7.0994 / DLR VS LAST CLOSE 7.2250 post: PBOC BOOSTS FIXING AFTER OFFSHORE YUAN GAINS DURING CHINESE BREAK post: PBOC SELLS 2 BILLION YUAN OF 7-DAY REVERSE REPO AT 1.8%
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It was a big week for GBP/USD as the pair finally put in some strength above the 1.2500 psychological level. With the Fed still sounding somewhat dovish, GBP/USD could be one of the more attractive majors for scenarios of USD-weakness. GBP/JPY finally finished off the gap from 2008, which ran all the way up to the 198.08 level. As trading opened for the ...
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Saxo Bank’s FX clients traded worth $4.1 billion daily in March, the lowest turnover since December 2021. The Danish multi-asset brokerage reported its total monthly FX volume for April 2024 at $99.3 billion, which is up 7.6 percent from $92.4 billion a month ago. However, this figure corresponds to a yearly decrease of 3 percent compared to $103 billion in ...