Forex News
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Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. Fast forward to this week, and his net worth has ballooned to over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his 5 ...
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The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds, federal prosecutors said Monday. The scheme — which involved cryptocurrency, tens of thousands of prepaid debit cards, fraudulently obtained unemployment insurance ...
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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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The BOC is widely expected to cut rates when it meets tomorrow, which naturally will be the big news for the CAD. But, given the similarities and interconnectedness with the US economy, investors will also be looking to see if this is another occasion of the BOC “leading” the Fed. Typically, the BOC meets before the FOMC, meaning it responds to the ...
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The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further signals of cooling in the labor market. There were 8.06 million available jobs posted in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. That’s below the ...
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Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. Fast forward to this week, and his net worth has ballooned to over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his 5 ...
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The BOC is widely expected to cut rates when it meets tomorrow, which naturally will be the big news for the CAD. But, given the similarities and interconnectedness with the US ...
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The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further signals of cooling in the labor market. There were 8.06 ...
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The dollar languished at its lowest since March against the euro and sterling on Tuesday as signs of a softening US economy boosted the case for earlier Federal Reserve interest ...
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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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US factory orders for April 2024 • Prior month 0.7% • factory orders 0.7% versus 0.6% expected • durable goods orders 0.6% revised from 0.7% preliminary • Ex transportation 0.4% ...
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The RealClearMarkets/TIPP Economic Optimism Index, a leading gauge of consumer sentiment, dropped sharply 3.1% in June to 40.5. Since September 2021, the index has remained in ...
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The US Dollar is grasping on to support as we near some significant headline risk that could be pertinent to the Greenback. Tomorrow brings a Bank of Canada rate decision with a high probability of a rate cut; and a rate cut has long been expected for the ECB meeting the day after. Non-farm Payrolls is of interest, as it was last month’s headline miss, the ...
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GBPUSD has been in a steady recovery following its bounce off the 2024 bottom of 1.2298, with the price violating both the 50- and 200-day simple moving averages (SMAs). On Tuesday, the pair posted a fresh two-month peak, but quickly sustained some losses as the rally is starting to look overdone. If the price extends its upward trajectory, the bulls could ...
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Following the successful completion of Beta testing Dukascopy Bank SA today announced the addition of MetaTrader 5 (MT5) to its suite of trading platforms, including the outstanding JForex 4 and the popular MT4 platform. This addition marks a significant enhancement of Dukascopy’s offerings, providing its clients with access to one of the most advanced ...