Forex News
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A scammer who spent years duping people and stealing $1.1million in COVID funds to support his luxury lifestyle has been identified as he faces prison for his crimes. Joey Cipolla drove a Lamborghini and a Bentley that frequently sat in the driveway of his 12,000sqf mansion in Bloomingdale, Illinois, an affluent area outside Chicago. He had his own Cessna ...
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New Zealand Fashion Week has been cancelled for 2024. The event, a fixture on Auckland's fashion calendar, was to be held in August. However, the economic downturn and pressure on consumer spending had led to the decision to hold the event every two years, instead of every year, New Zealand Fashion Week owner Feroz Ali said. The next event is expected to ...
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Currency trading is somewhat unusual in that the price reflects what is happening in two different currency zones. If we want to discuss how currencies relate to inflation, we should keep in mind that we should be talking about the inflation rate in the two currencies. For example, if the inflation rate in Canada is 2% and the inflation rate in the United ...
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In the week ending April 27, the advance figure for seasonally adjusted initial claims was 208,000, unchanged from the previous week's revised level. The previous week's level was revised up by 1,000 from 207,000 to 208,000. The 4-week moving average was 210,000, a decrease of 3,500 from the previous week's revised average. The previous week's average was ...
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post: JAPAN MAY HAVE SPENT 3.26?3.66 TRILLION YEN FOR MAY 1 INTERVENTION, BOJ DATA SUGGESTS - REUTERS
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Japan likely conducted its second currency intervention this week, according to a Bloomberg analysis of central bank accounts, in another sign of its intensified battle to prop up the yen. The BOJ reported Thursday that its current account will probably fall ¥4.36 trillion ($28.1 billion) due to fiscal factors on the next business day of Tuesday. That’s ...
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Japan likely conducted its second currency intervention this week, according to a Bloomberg analysis of central bank accounts, in another sign of its intensified battle to prop up ...
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Japan’s top currency official declined to say if authorities stepped into the foreign exchange market early Thursday in Tokyo, in a comment following a sharp strengthening of the ...
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Japan's attempts to shore up its currency are putting trading desks across the globe on high alert and dealers are taking no chances ahead of a long weekend in London and Tokyo ...
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In the week ending April 27, the advance figure for seasonally adjusted initial claims was 208,000, unchanged from the previous week's revised level. The previous week's level was ...
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post: JAPAN MAY HAVE SPENT 3.26?3.66 TRILLION YEN FOR MAY 1 INTERVENTION, BOJ DATA SUGGESTS - REUTERS
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Takatoshi Ito is currently an academic at Columbia University academic: • Was deputy vice minister for international affairs at Japan's finance ministry from 1999-2001 • Was a ...
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It seems the Bank of Japan didn’t want to wait around for another test of the 160.00 handle. Following yesterday’s FOMC meeting, USD/JPY plunged in a very quick manner. Initially, I was skeptical of this being intervention related for a couple of reasons. The main one being that price hadn’t yet re-tested the 160.00 handle, which is what the BoJ had ...
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AUDUSD is recording another green candle as the market appears to be relieved that Fed Chairman Powell did not mention rate hikes as a viable policy option at Wednesday's press conference. AUDUSD is currently battling with the 50-day simple moving average (SMA) and possibly on its way to break the recent series of lower highs and lower lows. The bullish ...
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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 ...