Forex News
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The Australian and New Zealand governments announced Tuesday they were sending planes to evacuate their nationals from violence-wracked New Caledonia. Australian Foreign Minister Penny Wong confirmed Australia had received clearance from French authorities for two flights to evacuate citizens and other tourists from New Caledonia amid violent unrest that ...
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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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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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Members began their discussion of international economic conditions by noting that the risks to global growth had become more balanced over prior weeks. While national accounts measures of growth in most advanced economies had remained weak, some forward-looking indicators had been more positive. The United States was the exception, where growth had been ...
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post: Mester: Rate Cut Depends on Progress with Inflation Mester: Lack of Progress on Inflation Was Not Welcome Mester: No Risk in Spending More Time Gathering Data on Inflation Because Economy is Strong Mester: MonPol’s Moderating Demand, but Not as Fast as Expected post: Mester: Still Think Inflation Will Come Down Mester: but Inflation Won’t Come Down Quickly post: Mester: if There’s Unforseen Deterioriation on Realside of Economy, Can Cut Rates Mester: Can Hold Rates, or Even Raise Them, if Inflation, Against Expectations Stalls Out or Reverses post: Fed’s Mester: Neutral Rate May Be Higher Than Previously Expected - BBG TV - Says She Raised Her Estimate On Neutral Rate In March - Previously Saw 3 Cuts In 2024, No Longer Believes 3 Cuts Is Appropriate
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post: FED'S MESTER: MONETARY POLICY IS RESTRICTIVE. post: Mester: April CPI Report Was Good News, but Too Soon to Tell What Path Inflation’s on Mester: Inflation Progress Stalled in First Three Months post: FED'S MESTER: RISKS THAT WE'RE TOO RESTRICTIVE HAVE GONE DOWN. post: Mester: Inflation Risks Are Tilted to Upside Mester: I Don’t Think About Potential Rate Cut in Terms of When post: FED'S MESTER: THERE'S NO RISK IN SPENDING MORE TIME GATHERING DATA ON INFLATION BECAUSE THE ECONOMY IS STRONG.
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UK policy rate decision scheduled for 20 June will be influenced by two upcoming inflation reports. Current consensus and market pricing indicate a 60% probability of a rate cut. ...
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My long-standing skepticism about survey data has reached the point where I feel compelled to comment on the current state of the art. While it is always risky to ignore broad, ...
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Federal Reserve Bank of Cleveland President Loretta Mester says monetary policy is well-positioned and expects inflation to come down. Speaking with Mike McKee on Bloomberg ...
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Members began their discussion of international economic conditions by noting that the risks to global growth had become more balanced over prior weeks. While national accounts ...
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post: Japan's FinMin Suzuki: At This Point Concerned About Negative Aspects Of Weak Yen - Closely Watching FX Moves - Excessive Forex Volatility Undesirable - Will Deal Appropriately As Needed On Forex
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post: FED'S MESTER: MONETARY POLICY IS RESTRICTIVE. post: Mester: April CPI Report Was Good News, but Too Soon to Tell What Path Inflation’s on Mester: Inflation Progress Stalled in First Three Months post: FED'S MESTER: RISKS THAT WE'RE TOO RESTRICTIVE HAVE GONE DOWN. post: Mester: Inflation Risks Are Tilted to Upside Mester: I Don’t Think About Potential Rate Cut in Terms of When post: FED'S MESTER: THERE'S NO RISK IN SPENDING MORE TIME GATHERING DATA ON INFLATION BECAUSE THE ECONOMY IS STRONG.
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The US dollar index crept higher alongside US yields on Monday ahead of Wednesday’s FOMC minutes, which saw AUD/USD form a bearish outside day after another false break of 67c NZD/USD also formed a bearish outside day, USD/JPY and USD/CHF rose for a third day – although the moves appear to be more on the general flow of markets as opposed to being driven by ...
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The Bank of Japan (BoJ) could influence buyer demand for the USD/JPY on Tuesday (May 21). Speculation continues to grow about a June BoJ interest rate hike. However, on Monday (May 20), the USD/JPY extended its winning streak to three sessions. Interest rate differentials remain firmly in favor of the US dollar despite the expectations of the BoJ and Fed ...
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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 ...