Forex News
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Renaissance Technologies LLC, the quantitative fund founded by the late Jim Simons, loaded up on shares of meme-stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. ahead of the latest rally. The hedge fund bought 3.82 million shares of AMC in the first quarter of 2024, adding to its position in the movie theater chain, according to regulatory ...
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The Financial Conduct Authority (FCA) has initiated legal action against nine individuals concerning their involvement in an unauthorised foreign exchange trading scheme that was promoted via social media channels. Emmanuel Nwanze stands accused of orchestrating an unauthorised investment scheme and disseminating unauthorised financial promotions. According ...
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Price can be volatile at times and hard to read. That's where moving averages come in! They're a super popular trading indicator used by many of the best traders of all time, but using them right can be tricky. This article will cut through the confusion and show you exactly what you need to know. We'll cover picking the perfect moving average for your ...
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post: FED'S BARKIN: BUSINESSES ARE STILL WILLING TO RAISE PRICES. post: FED'S BARKIN: SERVICES IN PARTICULAR STILL FEEL THEY CAN RAISE PRICES. post: FED'S BARKIN: RETAIL SALES DATA SHOW CONSUMER SPENDING IS GOOD, BUT NOT GREAT. post: FED'S BARKIN: CPI IS STILL NOT WHERE THE FED IS TRYING TO GET. post: FED'S BARKIN: THE EDGE HAS TO COME OFF OF DEMAND MORE TO HIT 2% INFLATION.
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Federal Reserve Bank of Cleveland President Loretta Mester said policymakers need more data to be confident inflation is on a path to the central bank’s 2% target, and suggested officials should keep interest rates elevated for longer to make it happen. Monetary policy is well positioned at the moment, Mester reiterated, adding she expects price growth to ...
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post: FED'S BARKIN: I DO BELIEVE INFLATION IS COMING DOWN, BUT IT WILL TAKE MORE TIME. post: FED'S BARKIN: THE QUESTION NOW IS FOR HOW LONG RATES NEED TO BE HELD WHERE THEY ARE TO GET THE REQUIRED IMPACT ON INFLATION. post: FED'S BARKIN: THE INFLATION STORY IS MUCH LONGER TERM THAN WHAT HAPPENS IN THE MARKET.
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The Fed hiked rates above 5%, and yet the US economy doesn't break. Back in 2022 already, the yield curve inverted and it has stayed inverted ever since. The lags looked ...
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Here are some things I think I am thinking about this week: 1) CPI comes in soft: Wednesday’s CPI report was a big relief for the Fed after 4 consecutive upside surprises. The key ...
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Federal Reserve Bank of Cleveland President Loretta Mester said policymakers need more data to be confident inflation is on a path to the central bank’s 2% target, and suggested ...
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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 10,000 from the previous week's revised level. The previous week's ...
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post: Fed’s Mester: It Will Take Longer to Gain Confidence Inflation’s Moving Toward 2% Fed’s Mester: Current Restrictive Policy Will Help Lower Inflation Fed’s Mester: Welcomes CPI Data Sign of Cooling Inflation Fed’s Mester: Expects Gradual Progress on Lowering Inflation post: FED’S MESTER: RISKS TO THE INFLATION SIDE OF FED MANDATE HAVE INCREASED. post: <=USD>:*FED'S MESTER: PRUDENT TO HOLD RATES 'FOR LONGER' TO ASSESS DATA *MESTER: INFLATION PROGRESS WILL DEPEND MORE ON EASING DEMAND *MESTER: DATA SUGGEST RISKS TO FED'S INFLATION GOAL HAVE RISEN *MESTER: READINGS ON SHORT-TERM INF. EXPECTATIONS HAVE RISEN
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Industrial production in the United States in April remained unchanged in April compared to the month prior, the Federal Reserve shared in its report posted on Thursday. The ...
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EUR/USD eased slightly on Thursday, falling back below 1.0880 as the Greenback broadly recovers losses from earlier in the week. The pair remains notably up for the trading week, but a late break for the US Dollar is on the cards as investors second-guess the Fed Reserve’s (Fed) stance on rate cuts and keep one foot in the safe haven USD. A June rate cut ...
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The US dollar selling stalled in the first half of Thursday’s session even though further evidence of an economic slowdown emerged, following Wednesday’s disappointing macro pointers. Today’s disappointing US macro pointers included jobless claims, industrial production, housing starts and building permits. It looks like traders were put off from selling ...
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The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges Trading.com with failing to file timely daily financial reports, daily trade reports, and ...