Forex News
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In the first - but certainly not last - major shake up at a key US financial regulator under the Biden admin, Federal Deposit Insurance Corp. Chairman Martin Gruenberg bowed to pressure to resign from the bank regulator after an external investigation found widespread sexual harassment at the agency and lawmakers of both parties berated his leadership, ...
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Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals on Wall Street, has died at the age of 87. His daughter Marianne Boesky told The New York Times on Monday that he died in his sleep, and his wife confirmed Boesky’s death to The Washington Post. No cause of death was ...
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Technical analysts use the Relative Strength Index (RSI) as a momentum indicator. In order to determine whether a security’s price is overvalued or undervalued, it analyses the rate and magnitude of recent price fluctuations. Developed by J. Welles Wilder Jr., the RSI is represented as an oscillator on a scale from zero to 100. It was first published in his ...
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post: Fed Vice Chair Barr: Q1 Inflation “Disappointing,” Did Not Provide the Confidence Needed to Ease MonPol Barr: Fed Will Need to Allow Tight Policy “Further Time to Continue to Do Its Work” Barr: Fed in a Good Position to “Hold Steady” and Watch Economy post: FED'S BARR: REGULATORS ARE CONSIDERING REQUIRING LARGER BANKS TO HOLD MINIMUM LEVELS OF RESERVES AND PRE-POSITIONED COLLATERAL AT DISCOUNT WINDOW.Barr: On Building a Resilient Regulatory Framework Thank you for inviting me to speak today. As many of you know, I have two roles at the Federal Reserve—my role as a governor of the Board and member of the Federal Open Market Committee (FOMC), where I participate in developing and setting monetary policy, and my role as the Vice Chair for Supervision, where I oversee our supervision and regulation of the banking sector. In keeping with the interdisciplinary spirit of this conference, I'll touch upon these different roles, and how they both promote a healthy economy. To start, I will share a couple of observations about the current stance of monetary policy. Then, I'll discuss the conceptual framework that underpins the key components of prudential bank regulations.1 As part of this discussion, I will also offer some observations about adjustments to our regulatory framework that we are exploring, including as a result of lessons learned from the bank stress in the spring of 2023.
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post: Fed’s Bostic: Data for First Part of Years on Inflation Have Been Very Bumpy - Bloomberg Television Fed’s Bostic: Going to Take a While Before We’re Certain Inflation’s Going Back Down to 2% Fed’s Bostic: Business Leaders Tell Me Things Are Slowing Down, but Very Slowly post: FED'S BOSTIC: OUR NEW STEADY STATE ON INTEREST RATES IS LIKELY TO BE HIGHER THAN WHAT PEOPLE HAVE BEEN USED TO FOR PAST DECADE post: FED'S BOSTIC: MY OUTLOOK IS THAT INFLATION WILL CONTINUE TO FALL THIS YEAR AND INTO 2025. post: FED'S BOSTIC: RISKS ARE REALLY BALANCED RIGHT NOW post: FED'S BOSTIC: FIRMS TELL ME THAT THE LABOR MARKET IS WEAKER THAN LAST YEAR, BUT NOT SOFT.
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Imagine you have $400 to spend on a luxury dining experience. You might treat yourself to a tin of premium caviar, a bottle or two of very fine wine or a multi-course meal at a high-end restaurant. Or you could blow it all on a single pineapple. The Rubyglow pineapple –— bred for its distinctive red exterior and its sweetness — costs $395.99 at Melissa’s ...
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China has hinted at possible tit-for-tat action against trade barriers imposed by the United States last week, as relations between the two economic superpowers become ...
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Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington. The federal ...
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The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, ...
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post: Fed Vice Chair Barr: Q1 Inflation “Disappointing,” Did Not Provide the Confidence Needed to Ease MonPol Barr: Fed Will Need to Allow Tight Policy “Further Time to Continue to Do Its Work” Barr: Fed in a Good Position to “Hold Steady” and Watch Economy post: FED'S BARR: REGULATORS ARE CONSIDERING REQUIRING LARGER BANKS TO HOLD MINIMUM LEVELS OF RESERVES AND PRE-POSITIONED COLLATERAL AT DISCOUNT WINDOW.Barr: On Building a Resilient Regulatory Framework Thank you for inviting me to speak today. As many of you know, I have two roles at the Federal Reserve—my role as a governor of the Board and member of the Federal Open Market Committee (FOMC), where I participate in developing and setting monetary policy, and my role as the Vice Chair for Supervision, where I oversee our supervision and regulation of the banking sector. In keeping with the interdisciplinary spirit of this conference, I'll touch upon these different roles, and how they both promote a healthy economy. To start, I will share a couple of observations about the current stance of monetary policy. Then, I'll discuss the conceptual framework that underpins the key components of prudential bank regulations.1 As part of this discussion, I will also offer some observations about adjustments to our regulatory framework that we are exploring, including as a result of lessons learned from the bank stress in the spring of 2023.
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Iranian President Ebrahim Raisi and his foreign minister died when their helicopter crashed as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters on ...
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post: Fed’s Bostic: Data for First Part of Years on Inflation Have Been Very Bumpy - Bloomberg Television Fed’s Bostic: Going to Take a While Before We’re Certain Inflation’s Going Back Down to 2% Fed’s Bostic: Business Leaders Tell Me Things Are Slowing Down, but Very Slowly post: FED'S BOSTIC: OUR NEW STEADY STATE ON INTEREST RATES IS LIKELY TO BE HIGHER THAN WHAT PEOPLE HAVE BEEN USED TO FOR PAST DECADE post: FED'S BOSTIC: MY OUTLOOK IS THAT INFLATION WILL CONTINUE TO FALL THIS YEAR AND INTO 2025. post: FED'S BOSTIC: RISKS ARE REALLY BALANCED RIGHT NOW post: FED'S BOSTIC: FIRMS TELL ME THAT THE LABOR MARKET IS WEAKER THAN LAST YEAR, BUT NOT SOFT.
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Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.
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EURUSD appears to be maintaining a horizontal trajectory in the very short-term, trapped between the 1.0895 resistance level and the 1.0814 support. A paused state of directional momentum is reflected in the technical oscillators. The stochastic posted a bearish crossover within its %K and %D lines in the overbought territory, while the RSI is failing to ...
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MyFlashFunding has confirmed that a large number of its traders have been faced with delayed payouts from the retail prop trading firm. We had reported a few weeks ago that MyFlashFunding was removed from prop trading comparison site Propfirmmatch.com, with Propfirmmatch reporting that many clients had been informing of denied payouts and adjusted client ...