Forex News
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In the era of hybrid work, with employees splitting their time between two days in the office and three days working remotely, employers have ramped up using productivity monitoring software. However, employees have outsmarted some of these surveillance programs with gadgets like mouse movers, otherwise known as 'mouse jigglers.' The popularity of mouse ...
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SpaceX boss Elon Musk is alleged to have had sex with a woman who was an intern at the rocket company, when she was still at university, before hiring her to a senior role years later and trying to embark on a relationship. The allegation is one of a number about Mr Musk’s advances towards and consensual sexual encounters with staff members which have been ...
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Now that the general theme of central banks has moved towards cutting, some have been able to do so sooner than others. Two of the majors, the Fed and the BOE, are seen as the most hesitant. Analysts suggest they might not get around to cutting until September. The main reason being cited for both is the labor market. For the Fed, it makes sense that the ...
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In the era of hybrid work, with employees splitting their time between two days in the office and three days working remotely, employers have ramped up using productivity monitoring software. However, employees have outsmarted some of these surveillance programs with gadgets like mouse movers, otherwise known as 'mouse jigglers.' The popularity of mouse ...
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It has been a topsy-turvy 24 hours for financial markets. Treasury yields plunged in the wake of the soft CPI report, but retraced a little as markets digested the more hawkish-than-anticipated Fed dot plot of projections for the Fed funds target rate. We are now back firmly in a lower yields situation following more soft US numbers this morning. For ...
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The Bank of Japan is likely to keep interest rates ultra-low on Friday but consider whether to start reducing its huge balance sheet in a slow but steady retreat from its massive monetary stimulus. However, the normalisation of Japan's still-loose monetary policy is clouded by weak consumption and doubts over the BOJ's view that robust domestic demand will ...
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It has been a topsy-turvy 24 hours for financial markets. Treasury yields plunged in the wake of the soft CPI report, but retraced a little as markets digested the more ...
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The BoE’s May MPC meeting saw Deputy Governor Dave Ramsden join long-term dove Swati Dhingra in calling for an immediate 25 basis point cut in interest rates. The other seven ...
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The Federal Reserve’s favored inflation gauge is set for the smallest advance since November following two better-than-expected reports on prices out this week. Bureau of Labor ...
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The Producer Price Index for final demand declined 0.2 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices increased 0.5 ...
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In the week ending June 8, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000. The ...
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post: YELLEN: WE ARE CREATING JOBS AT A VERY RAPID PACE post: U.S. TREASURY'S YELLEN: **LABOR MARKET NOW RESEMBLING PRE-PANDEMIC **WAGES ARE NOT A THREAT TO CONTRIBUTE TO INFLATION **A SIGNIFICANT SHARE OF REMAINING INFLATION REPRESENTS HOUSING COSTS RETURNING TO NORMAL SLOWLY post: U.S. TREASURY'S YELLEN: SUBSTANTIAL LOCK-IN EFFECT IS LIMITING SUPPLY OF HOMES ON THE MARKET post: US TREASURY SECRETARY YELLEN: IF THE DEBT IS STABILISED RELATIVE TO THE SIZE OF THE ECONOMY, THEN WE'RE IN A REASONABLE PLACE.
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The Canadian Dollar (CAD) pared back recent gains against the US Dollar (USD) on Thursday, shedding a quarter of a percent against the USD as market flows pull back to safety and bolster the Greenback. US economic data broadly printed worse than expected on Thursday, driving investors back into safe havens. Canada brings strictly low-tier economic calendar ...
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USDJPY is still developing below the 157.70 resistance level and well above the medium-term ascending trend line, failing to have a notable movement after the US CPI data and the Fed decision on Wednesday. The technical oscillators are showing some mixed signals. The RSI is pointing upwards above the neutral threshold of 50, while the stochastic is heading ...
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FNG has learned that Swiss online neobank / neobroker FlowBank is no longer processing any new client applications, and has halted client onboarding, after Swiss financial regulator FINMA’s decision to begin bankruptcy proceedings against FlowBank, a story which FNG broke earlier today. While FlowBank’s main website (at flowbank.com) remains up, its “Open ...