Forex News
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A recent move by the Federal Reserve to grant a little-known bank access to its vast lending and credit facilities is sparking questions about possible conflicts of interest and favoritism at the nation’s central bank, FOX Business has learned. Numisma, a small bank based in Greenwich, Connecticut, received conditional approval for a so-called master ...
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Antonio Brown is broke. The controversial and erratic former NFL receiver filed for federal bankruptcy in Florida on Monday and owes nearly $3 million to eight creditors, according to a Times Union report. The former owner of the Albany Empire Arena Football League team cannot pay at least three six-figure civil judgments. That includes the $1.2 million ...
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Analysts have used technical indicators for years. They analyze historical data, looking at past price movements to speculate on the future price direction of financial instruments. These indicators rely on patterns and gather data from price, volume, or open interest. It's crucial to understand that technical indicators work reactively; they don't predict ...
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Retail sales volumes (quantity bought) fell by 2.3% in April 2024, following a fall of 0.2% in March 2024 (revised from 0.0%). Sales volumes fell across most sectors, with clothing retailers, sports equipment, games and toys stores, and furniture stores doing badly as poor weather reduced footfall. More broadly, sales volumes rose by 0.7% in the three ...
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The Federal Reserve has overseen seven cycles of interest rate cuts, averaging 26 months and 6.35 percentage points (ppts) each. We’ve partnered with New York Life Investments to examine the impact of interest rate cut cycles on the economy and on the performance of financial assets in the U.S. to help keep investors informed. A Brief History of Interest ...
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Beijing on Friday said ongoing drills encircling Taiwan were testing the military's ability to seize power over the self-ruled island, days after a new president was sworn in. China's military kicked off the war games Thursday morning, surrounding Taiwan with naval vessels and military aircraft, while vowing the blood of "independence forces" on the island ...
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Prospects for a sustained lift in inflationary pressures in Japan looks to be slowly slipping away, unless large wage increases from employers can permanently boost aggregate ...
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NVDA smashed earnings and guidance out of the park and shares exploded over 10% higher... chart ... to make the AI-darling above $2.5 trillion market cap for the first time... ...
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As we gather, America’s strong economic performance continues to serve as a key engine for resilient global economic performance. The Biden Administration has driven a ...
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Retail sales volumes (quantity bought) fell by 2.3% in April 2024, following a fall of 0.2% in March 2024 (revised from 0.0%). Sales volumes fell across most sectors, with ...
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Reserve Bank of New Zealand Deputy Governor Hawkesby: • While near-term inflation risks are to upside, confident medium-term inflation is returning to target. • No single data ...
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New Zealand’s central bank is prepared to raise interest rates if economic developments mean current policy settings aren’t restrictive enough to bring inflation back to target, ...
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The New Zealand Kiwi declined against the dollar after the rise in the US Purchasing Manager Index (PMI) figures reignited concerns that persistent inflation in the services sector could keep price growth elevated for much longer than investors hoping for rate cuts had initially anticipated. Expectations for rate cuts diminished throughout the day, causing ...
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EUR/GBP drops like a stone towards its major £0.8503-to-£0.8493 support area from which it may recover once again as it has done since August 2023. Were a daily chart close below £0.8493 to be made, though, the July and August 2022 lows at £0.8409-04 would be targeted. Minor resistance sits at the £0.8521 mid-April low and above it at the £0.8531 ...
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IC Markets Global, one of the world’s largest Forex CFD providers, has partnered with TipRanks, a premier provider of investment research tools. This partnership is aimed at enhancing investment and trading research capabilities for IC Markets Global clients, providing them access to TipRank’s sophisticated tools. Aligned with IC Markets Global 16-year ...