Forex News
- From think.ing.com|25 min ago
- From schwab.com|2 hr 33 min ago
- From nypost.com|8 hr ago
The millionaire investment banker who allegedly slugged a woman in the face during a Pride event in Brooklyn over the weekend once touted the importance of having “empathy” and an “understanding” of others. Jonathan Kaye, a managing director at Moelis & Co., was identified by social media users as the man caught on camera punching the woman and sending her ...
- From cnbc.com|Jun 8, 2024
There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the court-appointed trustee in the Synapse bankruptcy. Customers of fintech firms that used Synapse to link up with banks had $265 million in balances, while the banks themselves only had $180 million associated ...
- From mises.org|9 hr ago|1 comment
In the late 1960s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to PF, loose central bank policies set the platform for lower economic growth and a higher rate of inflation, or stagflation. PF’s Explanation of Stagflation Starting from ...
- From nypost.com|8 hr ago
The millionaire investment banker who allegedly slugged a woman in the face during a Pride event in Brooklyn over the weekend once touted the importance of having “empathy” and an “understanding” of others. Jonathan Kaye, a managing director at Moelis & Co., was identified by social media users as the man caught on camera punching the woman and sending her ...
- From think.ing.com|11 hr ago|1 comment
The US Federal Reserve will keep interest rates unchanged at 5.25-5.5% on Wednesday and will indicate that September is the earliest opportunity to seriously consider an interest rate cut. The main focus will be their updated dot plot, which outlines the individual members’ views on the path for interest rates. In March, they signalled that three rate cuts ...
- From newyorkfed.org|10 hr ago|1 comment
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the May 2024 Survey of Consumer Expectations, which shows inflation expectations declined at the short-term horizon, remained unchanged at the medium-term horizon, and increased at the longer-term horizon. Labor market expectations were mixed. Households’ expectations for the stock market improved, reaching a three-year high. Households were also more optimistic about their financial situation a year from now. The main findings from the May 2024 Survey are: Inflation • Median inflation expectations at the one-year horizon declined to 3.2% in May from 3.3% in April, were unchanged at the three-year horizon at 2.8%, and increased at the five-year horizon to 3.0% from 2.8%. The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at the one-year horizon, increased at the three-year horizon, and remained unchanged at the five-year horizon. post: US NY Fed 1-Year Inflation Expectations May: 3.17% (prev 3.26%) post: NY FED: MAY THREE-YEAR AHEAD EXPECTED INFLATION UNCHANGED AT 2.8%.
- From think.ing.com|11 hr ago|1 comment
The US Federal Reserve will keep interest rates unchanged at 5.25-5.5% on Wednesday and will indicate that September is the earliest opportunity to seriously consider an interest ...
- From morningstar.com|18 hr ago|2 comments
The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely ...
- From marketpulse.com|9 hr ago
The UK releases the May employment report on Tuesday. UK job growth has been contracting for some time and the trend is expected to continue in May. Job growth is expected to fall ...
- From @financialjuice|9 hr ago|1 comment
post:
ECB'S PRESIDENT LAGARDE: IT IS POSSIBLE ECB WILL HOLD RATES FOR LONGER THAN A SINGLE MEETING. post:
ECB'S PRESIDENT LAGARDE: INTEREST RATES ARE NOT NECESSARILY ON A LINEAR DECLINING PATH, THERE MIGHT BE PERIODS WHEN WE HOLD - NEWSPAPER INTERVIEW. post: ECB'S PRESIDENT LAGARDE: TIME-DEPENDENT GUIDANCE ON RATES NOT HELPFUL. post: ECB'S PRESIDENT LAGARDE: I AM KEEN TO SEE THE EVOLUTION OF LABOUR COSTS AND CORPORATE PROFITS.
- From newyorkfed.org|10 hr ago|1 comment
The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the May 2024 Survey of Consumer Expectations, which shows inflation expectations declined at the short-term horizon, remained unchanged at the medium-term horizon, and increased at the longer-term horizon. Labor market expectations were mixed. Households’ expectations for the stock market improved, reaching a three-year high. Households were also more optimistic about their financial situation a year from now. The main findings from the May 2024 Survey are: Inflation • Median inflation expectations at the one-year horizon declined to 3.2% in May from 3.3% in April, were unchanged at the three-year horizon at 2.8%, and increased at the five-year horizon to 3.0% from 2.8%. The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at the one-year horizon, increased at the three-year horizon, and remained unchanged at the five-year horizon. post: US NY Fed 1-Year Inflation Expectations May: 3.17% (prev 3.26%) post: NY FED: MAY THREE-YEAR AHEAD EXPECTED INFLATION UNCHANGED AT 2.8%.
- From apnews.com|29 hr ago|11 comments
French President Emanuel Macron said Sunday he was dissolving the National Assembly and calling a snap legislative election after his party suffered a heavy defeat in elections ...
- From forex.com|1 hr 46 min ago
A surprise announcement by French President Emmanuel Macron to hold a snap election following a heavy defeat in the European Parliamentary elections shook the euro on Monday. It is not often we see euro pairs dominate volatility at the very beginning of the trading week, but the announcement was enough to see euro pairs gap down, sending EUR/GBP down to a ...
- From home.saxo|11 hr ago
EURUSD turned around Friday, failing to build on the uptrend it had established. The uptrend was fragile, however, and sellers took control Friday and have kept it this Monday morning, pushing the cross below the lower rising trendline and below 1.08. Currently, having taken back 50% of the bullish move since mid-April, EURUSD could drop further to the ...
- From financemagnates.com|Jun 8, 2024
Over the last few years, dozens of innovative Forex trading platforms have arisen in the investment market, presenting some serious competition for Metatrader platforms, which were previously industry standards. A rising market looking for such alternatives has been Indian and Pakistani traders; while they’re very familiar with the strengths of MT4 and MT5, ...