Forex News
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Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. Fast forward to this week, and his net worth has ballooned to over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his 5 ...
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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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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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The BOC is widely expected to cut rates when it meets tomorrow, which naturally will be the big news for the CAD. But, given the similarities and interconnectedness with the US economy, investors will also be looking to see if this is another occasion of the BOC “leading” the Fed. Typically, the BOC meets before the FOMC, meaning it responds to the ...
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Almost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. Fast forward to this week, and his net worth has ballooned to over $289 million. The meme stock leader, who can move the stock by simply posting cryptic messages online, shared a screenshot of his portfolio Monday night, showing he held onto his 5 ...
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The US Dollar is grasping on to support as we near some significant headline risk that could be pertinent to the Greenback. Tomorrow brings a Bank of Canada rate decision with a high probability of a rate cut; and a rate cut has long been expected for the ECB meeting the day after. Non-farm Payrolls is of interest, as it was last month’s headline miss, the ...
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The BOC is widely expected to cut rates when it meets tomorrow, which naturally will be the big news for the CAD. But, given the similarities and interconnectedness with the US ...
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US job openings fell in April to the lowest level in over three years, consistent with a gradual slowdown in the labor market. Available positions decreased to 8.06 million from a ...
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The Pound to Dollar (GBP/USD) exchange rate retreated to test support below 1.2700 on Monday but found solid support on dips and rebounded to 1.2780 after weaker-than-expected US ...
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The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of ...
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post: RBA Gov Bullock: If Inflation Proves Sticky, Won't Hesitate To Hike - If Economy Is Much Weaker, Will Be Ready To Ease
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post: RBA GOV BULLOCK: ECONOMY IS WEAK, THATS IS SHOWING UP IN CONSUMPTION post: RBA GOVERNOR BULLOCK: HOUSEHOLD SPENDING "VERY WEAK" post: RBA GOVERNOR BULLOCK: BOARD JUDGES ECONOMY STILL ON TRACK post: RBA GOVERNOR BULLOCK: DEMAND STILL EXCEEDS ECONOMY'S CAPACITY TO SUPPLY post: RBA Gov Bullock: Labour Market Easing On A Number Of Measures - Board Considers Monetary Policy Is Restrictive
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USD/JPY may squeeze higher in the near-term ahead of the key US ISM services PMI, attracting bids below the 50-day moving average after yet another lurch lower on Tuesday. USD/JPY rout stalls at 50DMA The daily chart tells the story, showing the modest bounce in USD/JPY after it traded through the level. While momentum remains to the downside, it’s ...
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The US Dollar is grasping on to support as we near some significant headline risk that could be pertinent to the Greenback. Tomorrow brings a Bank of Canada rate decision with a high probability of a rate cut; and a rate cut has long been expected for the ECB meeting the day after. Non-farm Payrolls is of interest, as it was last month’s headline miss, the ...
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Following the successful completion of Beta testing Dukascopy Bank SA today announced the addition of MetaTrader 5 (MT5) to its suite of trading platforms, including the outstanding JForex 4 and the popular MT4 platform. This addition marks a significant enhancement of Dukascopy’s offerings, providing its clients with access to one of the most advanced ...