Forex News
-
Friday night’s ZeroHedge Debate explored which is the superior asset: Gold or Bitcoin. Arguing in favor of Gold were investor Peter Schiff and NYU economist Nouriel Roubini, who went toe-to-toe with crypto proponents Erik Voorhees, a cryptocurrency entrepreneur and wealth manager Anthony Scaramucci. video Schiff made the case that Bitcoin cannot be a ...
-
A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat” and failing to take its share of responsibility for missing the trades. Kavish Kataria, who was dismissed from the bank’s Delta One desk last year, said the profits and losses on his trades were reported on a daily basis to ...
-
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 ...
-
Jobs growth slowed markedly in April and wage pressures eased. That's just the sort of bad-news-is-good news labor data the Federal Reserve wants to see if it's to begin cutting interest sometime later this year, experts say. U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six ...
-
post: FED'S WILLIAMS: INFLATION CONTINUES TO MOVE LOWER post: FED'S WILLIAMS: NO COMMENT ON INTEREST RATE OUTLOOKConnecting Theory and Practice Good afternoon. It's wonderful to be back at Stanford—especially with John Taylor chairing this panel. John was my advisor during my studies here, and he hired me as his research assistant in the early '90s. It was an extraordinary privilege to have those two most wanted positions. Based on some of my past speeches, you may expect me to give a few pop culture references from the '90s that capture my time at Stanford before I move on to the substance of my remarks. But the truth is, I was so focused on my studies that there wasn't time to rollerblade, listen to R.E.M., or go to the arcade just for fun. Instead, like many in this room, I chose to forsake fun for the study of economics. As a result, I am simply useless when it comes to '90s trivia. What brought me to Stanford back then was a sense of purpose. Growing up in the '70s and '80s, I witnessed the toll that economic turmoil, high inflation, and slow growth took on families. By the time I arrived at Stanford in the fall of 198
-
Today you will see US Dollar index price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDX. What to expect where the price will breakout for the USD Dollar index based on the supply and demand zones.
-
Friday’s NFP was released with stock markets finely poised inside the range set on FOMC day, while the USD was trading at lows last traded on the 11th April. Expectations were for ...
-
Jobs growth slowed markedly in April and wage pressures eased. That's just the sort of bad-news-is-good news labor data the Federal Reserve wants to see if it's to begin cutting ...
-
The yen rallied after a weaker-than-expected US jobs report spurred bets for earlier interest-rate cuts from the Federal Reserve and weighed on the dollar, easing speculation ...
-
Today you will see US Dollar index price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USDX. What to expect where the price will breakout for the USD Dollar index based on the supply and demand zones.
-
This year JPY hit new lows across the board in last few weeks even though BOJ decided to end its ultra-loose policy, by raising rates for 10bp in March. USDJPY broke higher, out of a triangle on a daily chart, so we know that this is most likely final leg with a higher degree wave III/C. In fact, there was a nice push up to 160 resistance not seen since ...
-
Saxo Bank’s FX clients traded worth $4.1 billion daily in March, the lowest turnover since December 2021. The Danish multi-asset brokerage reported its total monthly FX volume for April 2024 at $99.3 billion, which is up 7.6 percent from $92.4 billion a month ago. However, this figure corresponds to a yearly decrease of 3 percent compared to $103 billion in ...