Forex News
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A 12-string acoustic guitar owned by John Lennon in the 1960s was sold for $2.86 million at a New York auction on Wednesday, the organizer said, with the price setting a new record for a guitar linked to the British rock band The Beatles. According to Julien's Auctions, the guitar was owned by Lennon and used by both Lennon and George Harrison during ...
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One evening in March — at 8:41 p.m. Chicago time to be exact — internal warnings flashed within Walmart Inc. about a curious thing happening at hundreds of its stores across the US. Shoppers scanning certain items at self-checkout stands were seeing the wrong prices. Some prices were lower than listed. Others were higher. Unbeknownst to those buying food, ...
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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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Real gross domestic product (GDP) increased at an annual rate of 1.3 percent in the first quarter of 2024 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent. The GDP estimate released today is based on more complete source data than were available for the ...
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North Korea fired around 10 short-range ballistic missiles into the East Sea on Thursday, the South Korean military said, a day after sending hundreds of large balloons carrying trash and manure into the South. The Joint Chiefs of Staff (JCS) said it detected the flight vehicles presumed to be short-range ballistic missiles fired from the Sunan area in ...
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In the week ending May 25, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 222,500, an increase of 2,500 from the previous week's revised average. The previous week's ...
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North Korea fired around 10 short-range ballistic missiles into the East Sea on Thursday, the South Korean military said, a day after sending hundreds of large balloons carrying ...
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Financial security has become an indispensable part of China’s national security discourse since the 1997 Asian financial crisis. Rising geopolitical tensions with the US since ...
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The Bank of Japan said Wednesday its appraisal loss on government bond holdings widened to a record 9.43 trillion yen ($60 billion) at the end of fiscal 2023, affected by rising ...
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The estimated annual inflation of the CPI in May 2024 is 3.6%, according to the flash indicator prepared by the NSI. This indicator provides a preview of the CPI which, if ...
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Real gross domestic product (GDP) increased at an annual rate of 1.3 percent in the first quarter of 2024 (table 1), according to the "second" estimate released by the Bureau of ...
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In the week ending May 25, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 3,000 from the previous week's revised level. The previous week's ...
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USDJPY experienced a strong setback from its 34-year high of 160.20 following an intervention by Japanese authorities in late April. However, the pair has slowly but steadily recouped a significant part of these losses, attempting to revisit its recent multi-year highs. Should bullish pressures persist, the price could initially test the May resistance ...
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The USD saw decent strength in Wednesdays session, with The US Dollar Index (DXY) rising from an open of 104.67, pushing through the resistance at 105 to hit a high of 105.14 on the back of firmer US Treasury yields. Despite this rally DXY is heading into the end of the month looking to have its first monthly decline since December 2023. Ahead today we have ...
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Although South Korea is one of the more developed financial markets, the operating hours for its foreign exchange (FX) market have been quite limited. Until now, the Korean won trading has only been active for 6.5 hours, but it will soon be significantly prolonged. This change will be groundbreaking, extending the official session to 17 hours. According to ...