Forex News
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A juror in a Minneapolis trial related to $250 million in stolen pandemic aid reported that she had a sack with $120,000 in cash delivered to her door — and a note promising more if she voted to acquit. The bribe was delivered to the juror’s home in on Sunday evening — just hours before the jury was due back in court to hear the final closing arguments in ...
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The legacy of Michael Jordan shows no signs of slowing down, after a trading card bearing his signature sold for nearly $3million at auction this weekend. MJ is widely regarded as the best NBA player of all-time, and fans clamored to get their hands on a rare piece of memorabilia through Goldin this weekend. Up for auction was a 2003 Upper Deck Ultimate ...
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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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post: Japan FinMin Suzuki: Conducted FX Intervention To Counter Speculative Moves - FX Intervention Had Effects To Some Extent - Watching Forex Moves Closely - Will Continue To Respond Appropriately
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Key statistics: • The current account balance, seasonally adjusted, declined $7,563m to a deficit of $4,896m. • The capital and financial account surplus was $8,307m, an increase of $16,912m on the December quarter 2023 deficit. • The net international investment liability position was $730,268m at 31 March 2024. table The current account balance ...
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We’re now in an important spot of the economic calendar as the next two weeks bring rate decisions out of both Europe and the United States. There’s an NFP report set to be released in-between and we just had the most recent installment of US Core PCE, which led to a volatile finish to last week. In EUR/USD, the bullish breakout that pushed in mid-May on ...
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Swiss franc has extended its gains on Monday. USD/CHF is trading at 0.8961 in the North American session, down 0.68%. The Swiss franc posted its strong weekly gain of the year ...
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In Monday's US data flow we have a surprise drop in the May ISM manufacturing index to 48.7 from 49.2 (consensus 49.5) – remember that anything below 50 is a contraction. Regional ...
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Investors and financial markets will be very surprised – and not at all happy – should Thursday’s ECB announcement not include the first cut in key interest rates since September ...
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post: Japan FinMin Suzuki: Conducted FX Intervention To Counter Speculative Moves - FX Intervention Had Effects To Some Extent - Watching Forex Moves Closely - Will Continue To Respond Appropriately
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Key statistics: • The current account balance, seasonally adjusted, declined $7,563m to a deficit of $4,896m. • The capital and financial account surplus was $8,307m, an increase ...
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We’re now in an important spot of the economic calendar as the next two weeks bring rate decisions out of both Europe and the United States. There’s an NFP report set to be released in-between and we just had the most recent installment of US Core PCE, which led to a volatile finish to last week. In EUR/USD, the bullish breakout that pushed in mid-May on ...
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USD/JPY is on the backfoot at the start of June, hit by narrowing yield differentials and a whiff of concern about the trajectory for the US economy. Data releases in the coming days may provide clarity on the answer, providing ample two-way price risk given elevated levels of uncertainty. Asymmetric risks for US rates on display Risks for US rates were ...
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HFM, one of the biggest brokers regulated by the South African authorities and a global broker of choice, has been honored with the ‘Best Copy Trading Broker Award’ at FMAS:24 in recognition of their reinvented Copy Trading program and market leading trading conditions. Copy Trading, HFM’s innovative copy trading feature, transcends geographical boundaries ...