Forex News
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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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A juror in a Minneapolis trial related to $250 million in stolen pandemic aid reported that she had a sack with $120,000 in cash delivered to her door — and a note promising more if she voted to acquit. The bribe was delivered to the juror’s home in on Sunday evening — just hours before the jury was due back in court to hear the final closing arguments in ...
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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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post: THE BOJ IS SAID TO MULL REDUCING BOND BUYS AS EARLY AS THE JUNE MEETING. post: THE BOJ SAID TO WATCH MARKETS TILL THE LAST MOMENT BEFORE DECIDING, WHILST HAVING NO INTENTION TO SURPRISE BOND TRADERS.
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The consumer price index (CPI) increased by 0.3% in May 2024 compared with the previous month, reaching 107.7 points (December 2020 = 100). Inflation was +1.4% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The 0.3% increase compared with the previous month is due to several factors ...
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We’re now in an important spot of the economic calendar as the next two weeks bring rate decisions out of both Europe and the United States. There’s an NFP report set to be released in-between and we just had the most recent installment of US Core PCE, which led to a volatile finish to last week. In EUR/USD, the bullish breakout that pushed in mid-May on ...
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Swiss franc has extended its gains on Monday. USD/CHF is trading at 0.8961 in the North American session, down 0.68%. The Swiss franc posted its strong weekly gain of the year ...
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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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Major central banks are gearing up to cut interest rates. But like their hiking cycles, this cutting cycle will be far from typical, we think. Why? The ECB is set to start easing ...
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post: THE BOJ IS SAID TO MULL REDUCING BOND BUYS AS EARLY AS THE JUNE MEETING. post: THE BOJ SAID TO WATCH MARKETS TILL THE LAST MOMENT BEFORE DECIDING, WHILST HAVING NO INTENTION TO SURPRISE BOND TRADERS.
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post: Japan FinMin Suzuki: Conducted FX Intervention To Counter Speculative Moves - FX Intervention Had Effects To Some Extent - Watching Forex Moves Closely - Will Continue To Respond Appropriately
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The consumer price index (CPI) increased by 0.3% in May 2024 compared with the previous month, reaching 107.7 points (December 2020 = 100). Inflation was +1.4% compared with 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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We’re now in an important spot of the economic calendar as the next two weeks bring rate decisions out of both Europe and the United States. There’s an NFP report set to be released in-between and we just had the most recent installment of US Core PCE, which led to a volatile finish to last week. In EUR/USD, the bullish breakout that pushed in mid-May on ...
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HFM, one of the biggest brokers regulated by the South African authorities and a global broker of choice, has been honored with the ‘Best Copy Trading Broker Award’ at FMAS:24 in recognition of their reinvented Copy Trading program and market leading trading conditions. Copy Trading, HFM’s innovative copy trading feature, transcends geographical boundaries ...