Forex News
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video Keegan Payne, 19, was the one who reeled in the million-dollar fish but it was his little sister who spotted a small tag on the barramundi which led to a "life-changing" jackpot. The small rod of red plastic clipped to the spine of the barra meant Keegan landed top prize in the Northern Territory's annual Million Dollar Fish competition. Keegan, who ...
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HSBC Holdings Plc unexpectedly announced Tuesday that Chief Executive Noel Quinn is resigning after five years, citing the need for a 'better work-life balance.' The Asia-focused bank plans to complete the succession process in the second half of the year. Reuters said the top candidate for the position (at the moment) is Chief Financial Officer Georges ...
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The past century has been a wild ride for investors. This article explores ten of the most dramatic plunges the stock market has witnessed, from the tech-fueled Dot-com bubble burst to the global economic shock of the COVID-19 pandemic. Each crash offers a unique story, exposing vulnerabilities in the system and highlighting the interconnectedness of ...
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After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after they end their latest policy meeting Wednesday, will be: Will they still signal rate cuts at all this year? Wall Street traders now envision just a single rate cut this ...
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The Federal Reserve is expected to announce Wednesday that it is keeping interest rates at a quarter-century high for the sixth-straight meeting. Officials are not yet convinced that inflation is under control, which is a requirement for them to lower borrowing costs. Investors will be paying close attention to how “hawkish” — or concerned about inflation — ...
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Even borrowing money is more expensive these days — and the Federal Reserve might decide to keep it that way for a while. All eyes are on the Fed’s May meeting today, where Fed chair Jerome Powell will make an announcement about interest rates. Though analysts do not expect the Fed to cut rates just yet, some had projected a cut might be coming soon. That ...
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After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big ...
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Japan likely spent some 5 trillion yen ($32 billion) on Monday in currency market intervention, data by its central bank and market sources showed Tuesday, in the clearest ...
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Even borrowing money is more expensive these days — and the Federal Reserve might decide to keep it that way for a while. All eyes are on the Fed’s May meeting today, where Fed ...
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Private sector employment increased by 192,000 jobs in April and annual pay was up 5.0 percent year-over-year, according to the April ADP® National Employment Report™ produced by ...
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Economic activity in the manufacturing sector contracted in April after one month of expansion following 16 consecutive months of contraction, say the nation's supply executives ...
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The number of job openings changed little at 8.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires changed little at 5.5 million while the number of total separations decreased to 5.2 million. Within separations, quits (3.3 million) and layoffs and discharges (1.5 million) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class. Job Openings On the last business day of March, the number of job openings changed little at 8.5 million; this measure was down by 1.1 million over the year. The rate was little changed at 5.1 percent in March. Job openings decreased in construction (-182,000) and in finance and insurance (-158,000), but increased in state and local government education (+68,000). (See table 1.) Hires In March, the number of hires was little changed at 5.5 million but was down by 455,000 over the year. The rate, at 3.5 percent, changed little in March. (See table 2.) Separations Total separations include quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations include separations due to retirement, death, disability, and transfers to other locations of the same firm. post: The private-sector job vacancy rate fell to 5.3% in March, the lowest level since January 2021 There were 1.3 vacancies for every unemployed worker in March, the lowest since August 2021 pic.twitter.com/RkgPX1elhk post: U.S. quits rate fell to 2.1% in March 2024 (lowest since August 2020) pic.twitter.com/WWDrqNaml2
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GBP/USD struggles to hold its ground going into the Federal Reserve interest rate decision amid the pickup in the US Employment Cost Index (ECI), but the exchange rate may further retrace the decline from the April high (1.2710) if it shows a limited response to the negative slope in the 50-Day SMA (1.2617). The recent recovery in GBP/USD seems to have ...
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USDJPY has been in a steady uptrend since the beginning of the year, posting a fresh 34-year high on Monday. After a roller coaster session that day following speculation over a Japanese intervention, the pair experienced a strong sell off before recouping a significant part of its losses. Should bullish pressures persist, the price could challenge could ...
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CMC Markets, a globally recognized provider of online direct-to-consumer (D2C) trading and business-to-business (B2B) platform technology solutions, recently announced the release of its comprehensive report entitled ‘Retail Trading Trends 2024: The Rise of Influencers, AI and US Centricity’. This report provides a detailed analysis of the current shifts ...