Forex News
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Lawmakers from Turkiye’s ruling AK Party and the pro-Kurdish DEM Party brawled in parliament’s general assembly on Tuesday over the detention and replacement of a DEM Party mayor in southeast Turkiye. On Monday, police detained Mehmet Siddik Akis, mayor of the southeastern Hakkari province bordering Iran and Iraq, just two months after he won power in local ...
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A New York City couple known on social media for their magnet fishing exploits in local waterways says they recently reeled in an unexpected find: a safe holding two stacks of waterlogged hundred dollar bills. James Kane and Barbie Agostini, who have chronicled a variety of magnet fishing discoveries on their YouTube channel, told Spectrum News NY1 on ...
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Inflation and wages are kind of a chicken or egg issue. Do higher prices cause higher wages or do higher wages cause higher prices? I suppose it’s probably a little of both. There is an obvious relationship when you look at the data. Here’s a look at year-over-year wage growth versus trailing twelve-month inflation going back to 1965: chart Wages grow ...
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Risk appetite has been waning in recent weeks and Monday’s session saw initial strength slowly fade. This was especially apparent in the FTSE as it shed nearly –1.4% from its early high to close in the red. Weakness then followed through in early trading on Tuesday and both the FTSE and DAX are lower by another –0.5%. Currencies, meanwhile, are not ...
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Over the past three years, Treasury has helped drive a historic economic recovery and put our economy on a strong path for the medium- and long-term. GDP growth has been strong, growing 3.0 percent over the past four quarters. Inflation has declined substantially since its peak, even as we have more work to do to address high costs and give families more ...
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Key statistics: The Australian economy rose 0.1% in seasonally adjusted chain volume measures In nominal terms, GDP rose 1.4% The terms of trade rose 0.2% Household saving to income ratio fell to 0.9% from 1.6% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume ...
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Risk appetite has been waning in recent weeks and Monday’s session saw initial strength slowly fade. This was especially apparent in the FTSE as it shed nearly –1.4% from its ...
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On Wednesday (June 5), average cash earnings and overtime pay figures influenced buyer demand for the USD/JPY. Overtime pay decreased 0.60% year-on-year after falling 0.5% in ...
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US job openings fell in April to the lowest level in over three years, consistent with a gradual slowdown in the labor market. Available positions decreased to 8.06 million from a ...
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The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of ...
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Key statistics: The Australian economy rose 0.1% in seasonally adjusted chain volume measures In nominal terms, GDP rose 1.4% The terms of trade rose 0.2% Household saving to ...
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China's service economy expansion accelerated in May as greater new business inflows spurred faster services activity growth. New export business also increased at the fastest ...
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NZDUSD has been in an aggressive uptrend following its 2024 bottom of 0.5851 in mid-April. On Tuesday, the pair stormed to its highest level since March 8 before sustaining minor losses probably due to some profit taking. Should the bulls attempt to push the price higher, immediate resistance could be found at the February-March double top region of 0.6215. ...
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USD/JPY may squeeze higher in the near-term ahead of the key US ISM services PMI, attracting bids below the 50-day moving average after yet another lurch lower on Tuesday. USD/JPY rout stalls at 50DMA The daily chart tells the story, showing the modest bounce in USD/JPY after it traded through the level. While momentum remains to the downside, it’s ...
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Only a few weeks remain until the world’s premier online trading event, iFX EXPO International 2024, opens its doors to thousands of global industry professionals and C-level executives on the beautiful Mediterranean island of Cyprus. Registrations are still open for this year’s showpiece expo, which is back bigger and better than ever before, returning to ...