Forex News
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The Financial Conduct Authority (FCA) has initiated legal action against nine individuals concerning their involvement in an unauthorised foreign exchange trading scheme that was promoted via social media channels. Emmanuel Nwanze stands accused of orchestrating an unauthorised investment scheme and disseminating unauthorised financial promotions. According ...
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In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
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U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region. On top of that, the National Defense Authorization Act of 2024 authorized military spending of a record $886 billion. A big chunk of that money will ...
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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 10,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 231,000 to 232,000. The 4-week moving average was 217,750, an increase of 2,500 from the previous week's revised average. The previous week's ...
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post: FED'S BARKIN: BUSINESSES ARE STILL WILLING TO RAISE PRICES. post: FED'S BARKIN: SERVICES IN PARTICULAR STILL FEEL THEY CAN RAISE PRICES. post: FED'S BARKIN: RETAIL SALES DATA SHOW CONSUMER SPENDING IS GOOD, BUT NOT GREAT. post: FED'S BARKIN: CPI IS STILL NOT WHERE THE FED IS TRYING TO GET. post: FED'S BARKIN: THE EDGE HAS TO COME OFF OF DEMAND MORE TO HIT 2% INFLATION.
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In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
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Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While the primary objective varies between jurisdictions, many ...
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Here are some things I think I am thinking about this week: 1) CPI comes in soft: Wednesday’s CPI report was a big relief for the Fed after 4 consecutive upside surprises. The key ...
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The new tariffs on Chinese electric vehicles, semiconductors and medical supplies announced by the Biden administration on Tuesday raised questions for U.S. consumers and prompted ...
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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 10,000 from the previous week's revised level. The previous week's ...
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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 ...
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Euro area financial stability conditions have improved as recession risks decline, but markets remain exposed to possible adverse macro-financial and geopolitical surprises Tight ...
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The US dollar selling stalled in the first half of Thursday’s session even though further evidence of an economic slowdown emerged, following Wednesday’s disappointing macro pointers. Today’s disappointing US macro pointers included jobless claims, industrial production, housing starts and building permits. It looks like traders were put off from selling ...
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The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was weaker than the market estimate of -15.%. On a ...
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The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges Trading.com with failing to file timely daily financial reports, daily trade reports, and ...