Forex News
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Stephen Ross, the billionaire real-estate magnate, is gearing up for the Miami Grand Prix this weekend—and he has no plans to give up the Formula 1 event anytime soon. Ross recently turned down a $10 billion offer to take over his sports enterprise, which includes the grand prix, the Miami Dolphins, and Hard Rock Stadium, USA Today reported on Wednesday. ...
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A scammer who spent years duping people and stealing $1.1million in COVID funds to support his luxury lifestyle has been identified as he faces prison for his crimes. Joey Cipolla drove a Lamborghini and a Bentley that frequently sat in the driveway of his 12,000sqf mansion in Bloomingdale, Illinois, an affluent area outside Chicago. He had his own Cessna ...
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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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Traders and economists expect the NFP report to show that the US created 238K net new jobs, with average hourly earnings rising 0.3% m/m (4.0% y/y) and the U3 unemployment rate holding steady at 3.8%. As Fed Chairman Powell noted in his press conference on Wednesday, the US economy has thus far defied expectations for a slowdown to start 2024, and ...
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It seems the Bank of Japan didn’t want to wait around for another test of the 160.00 handle. Following yesterday’s FOMC meeting, USD/JPY plunged in a very quick manner. Initially, I was skeptical of this being intervention related for a couple of reasons. The main one being that price hadn’t yet re-tested the 160.00 handle, which is what the BoJ had ...
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A scammer who spent years duping people and stealing $1.1million in COVID funds to support his luxury lifestyle has been identified as he faces prison for his crimes. Joey Cipolla drove a Lamborghini and a Bentley that frequently sat in the driveway of his 12,000sqf mansion in Bloomingdale, Illinois, an affluent area outside Chicago. He had his own Cessna ...
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Japan's attempts to shore up its currency are putting trading desks across the globe on high alert and dealers are taking no chances ahead of a long weekend in London and Tokyo ...
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Traders and economists expect the NFP report to show that the US created 238K net new jobs, with average hourly earnings rising 0.3% m/m (4.0% y/y) and the U3 unemployment rate ...
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Although the Federal Reserve attempted to deliver a balanced message by announcing the slowdown of Quantitative Tightening (QT) starting in June and rejecting the likelihood of ...
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Working natural gas in storage across the United States increased by 59 billion cubic feet in the week ending April 26 compared to the previous seven-day period to reach 2,484 ...
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US factory orders and durable goods orders for March 2024 • Prior month 1.4% revised to 1.2% • Factory orders for March 1.6% versus 1.6% expected • Durable goods orders for March ...
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post: JAPAN MAY HAVE SPENT 3.26?3.66 TRILLION YEN FOR MAY 1 INTERVENTION, BOJ DATA SUGGESTS - REUTERS
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It seems the Bank of Japan didn’t want to wait around for another test of the 160.00 handle. Following yesterday’s FOMC meeting, USD/JPY plunged in a very quick manner. Initially, I was skeptical of this being intervention related for a couple of reasons. The main one being that price hadn’t yet re-tested the 160.00 handle, which is what the BoJ had ...
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AUDUSD is recording another green candle as the market appears to be relieved that Fed Chairman Powell did not mention rate hikes as a viable policy option at Wednesday's press conference. AUDUSD is currently battling with the 50-day simple moving average (SMA) and possibly on its way to break the recent series of lower highs and lower lows. The bullish ...
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IC Markets, an acclaimed global online forex and CFD provider, has unveiled a new global campaign. Set against the adrenaline-fueled world of competitive car racing, where every second counts, IC Markets’ newest TV commercial draws a compelling parallel. It aligns the racetrack’s high-octane speed and precision with the ultra-fast trade execution that is a ...