Forex News
- From think.ing.com|56 min ago
Every four years, top national teams vie for the coveted European title. This prestigious championship holds significant value, but how much exactly? While the title itself isn’t up for sale, gauging how much fans would be willing to pay for victory provides insight into its worth. Italians value the title at approximately €420 per person. This could be ...
- From nypost.com|24 hr ago
America’s most valuable postage stamp sold for nearly $4.4 million on Friday. The 1868 one-cent “Z” Grill was sold as part of the collection owned by “Bond King” Bill Gross, who co-founded asset management firm Pacific Investment Management Co., otherwise known as PIMCO. The winning bidder chose to remain anonymous. It’s the first time the stamp has been ...
- From ironfxcn.com|42 hr ago|3 comments
Yes, ChatGPT can generate code that is compatible with trading platforms such as MetaTrader 4 (MT4). In this way, the use of ChatGPT can be useful when users want to develop code for their trading strategies by giving explicit instructions to program the code for that specific topic. However, before you launch it, it may be necessary to perform further ...
- From ons.gov.uk|9 hr ago|4 comments
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.8% in the 12 months to May 2024, down from 3.0% in the 12 months to April. On a monthly basis, CPIH rose by 0.4% in May 2024, compared with a rise of 0.6% in May 2023. The Consumer Prices Index (CPI) rose by 2.0% in the 12 months to May 2024, down from 2.3% in the 12 months ...
- From cnbc.com|3 hr ago|1 comment
The U.K. had some cause for celebration on Wednesday morning, as headline inflation hit the Bank of England’s 2% target for the first time in nearly three years. But the print only served to further convince traders that an interest rate cut is not imminent. Money market pricing by 11 a.m. in London implied just a 5% probability of a trim of the Bank Rate ...
- From fxstreet.com|11 hr ago
The GBP/USD pair struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading band, around the 1.2700 round-figure mark during the Asian session. Spot prices, meanwhile, hold above a one-month low touched last Friday as traders keenly await the release of the latest UK consumer inflation figures before positioning for the next ...
- From cnbc.com|3 hr ago|1 comment
The U.K. had some cause for celebration on Wednesday morning, as headline inflation hit the Bank of England’s 2% target for the first time in nearly three years. But the print ...
- From forexlive.com|11 hr ago
The State Administration of Foreign Exchange (SAFE) in the regulator: • Will strengthen countercyclical supervision, improve the solvency, deposit reserve mechanisms. • Studying ...
- From fxstreet.com|11 hr ago
The GBP/USD pair struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading band, around the 1.2700 round-figure mark during the Asian session. Spot ...
- From ons.gov.uk|9 hr ago|4 comments
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.8% in the 12 months to May 2024, down from 3.0% in the 12 months to April. On a monthly basis, ...
- From ons.gov.uk|9 hr ago
Producer input prices fell by 0.1% in the year to May 2024, up from a revised fall of 1.4% in the year to April. Producer output (factory gate) prices rose by 1.7% in the year to ...
- From ecb.europa.eu|7 hr ago
Current account recorded €39 billion surplus in April 2024, up from €36 billion in previous month Current account surplus amounted to €337 billion (2.3% of euro area GDP) in the ...
- From tickmill.com|12 min ago
USDJPY remains worryingly close to highs on the back of the recent BOJ and FOMC meetings. A more hawkish tone from the Fed has seen the Dollar well supported on the back of the June FOMC. Powell and co revised the bank’s inflation forecasts highs and scaled back easing projections from 3 rate cuts this year to just 1. The fallout has seen USD remaining well ...
- From xm.com|4 hr ago
AUDCAD rebounded strongly on Tuesday, extending its recovery above the key resistance zone of 0.9125. Overall, the pair is trading above the upper bound of a prior upward sloping channel and above all three of the plotted exponential moving averages (EMA). This paints a positive picture. The daily momentum indicators corroborate the bullish outlook. The RSI ...
- From cmegroup.com|16 hr ago
CME Group, the world's leading derivatives marketplace, today announced its foreign exchange (FX) futures reached an all-time single-day volume record of 3.26 million contracts (equivalent to $314B notional) on June 12. The previous record of 3.15 million contracts ($296B notional) was set on March 8, 2023. In addition, FX Link, CME Group's anonymous, ...