Forex News
-
Kristofer McGuire, Keith Williamson and Karla Walker have been charged with multiple offences, including fraud by false representation and fraudulent trading, after they targeted victims by persuading them to invest in contracts for difference (CFDs). CFDs are a high-risk investment product used to bet on the price of an asset. Many victims of the alleged ...
-
Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass. While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may ...
-
When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
-
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment. The index for shelter rose in April, as did the index for ...
-
Forecasters expect a monthly report on US consumer prices to show inflationary pressures moderated in April after three straight worse-than-anticipated readings to start the year. The figures, to be published Wednesday by the Bureau of Labor Statistics, will probably show a key gauge of prices excluding food and energy advanced 0.3% last month, according to ...
-
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in April from the previous month, according to Census Bureau data. Economists had expected a 0.4% increase in spending, according to Bloomberg data. This marked a slowdown from the 0.6% ...
-
On Wednesday (May 15), Bank of Japan views on monetary policy and Japanese government talk about interventions may impact buyer demand for the USD/JPY. The USD/JPY advanced for ...
-
Inflation likely stayed higher than Fed officials would like in April if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose 3.4% ...
-
Forecasters expect a monthly report on US consumer prices to show inflationary pressures moderated in April after three straight worse-than-anticipated readings to start the year. ...
-
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor ...
-
The plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale ...
-
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
-
USDJPY recouped more than half of its sharp losses that occurred at the start of the month thanks to the bounce off the 50-day simple moving average (SMA) near 151.84. But the bulls seem to be struggling to jump back into the broken bullish channel, which is currently capping upside movements near 156.60. Given the pair’s rise above the 20-day SMA and ...
-
Sr. Strategist James Stanley shares charts and highlights the themes and scenarios he's watching across macro markets.
-
Pan-European market infrastructure Euronext today published its financial results for the first quarter of 2024. FX trading revenue was up 12.7% at €7.1 million in Q1 2024, supported by growing volumes, slightly offset by a negative volumes mix impact. On a like-for-like basis at constant currencies, FX trading revenue was up 14.1% compared to Q1 2023. ...