Forex News
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The Commodity Futures Trading Commission today announced Judge Linda V. Parker of the U.S. District Court for the Eastern District of Michigan issued an order of default judgment and a permanent injunction against Darren Robinson, a former resident of Miami, Florida, and his firm The QYU Holdings Inc. (QYUHI), a Wyoming corporation with a purported ...
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Contemporary artist Sacha Jafri prides himself on his unique way of working. His “huge” Dubai studio includes three gallery spaces, a digital space, an office and a boardroom. He even has a room dedicated to nonfungible tokens, or NFTs. The space is home to around 40 paintings, largely made up of his retrospective collection, along with one-off pieces and ...
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The Basel Committee implementation programme has been integral to international financial architecture. Having celebrated its 50th anniversary on 24-25 April, the Basel Committee on Banking Supervision has journeyed from a humble forum for G7 bank supervisors to a titan among global financial standard-setting bodies. Its standards and principles – ...
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A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid. Friday’s report from the government showed that prices rose 0.3% from February to March, the same as in the ...
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Strong economic growth and elevated inflation is putting upward pressure on bond yields and that will put downward pressure on the economy at a time when stocks reflect a strong economy. A strong US economy has become the consensus expectation: the Bloomberg US 2024 consensus forecast is that the US economy will grow by 2.4% and that consumer prices will ...
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While expectations are universal that the FOMC will remain on hold with interest rates at the April 30-May 1 meeting, there is a good possibility that it will elect to make an announcement about a change in balance sheet policy. At his March 20 press conference, Chair Jerome Powell signaled that the FOMC was prepared to adjust the pace of reductions in ...
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The BOJ came, issued the shortest statement in the history of central banks... chart ... and left, leaving traders stunned and speechless at the sheer idiocy of the world's most ...
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Gold trading in China has exploded and stocks of copper have risen sharply prompting speculation that policymakers are on the brink of a yuan devaluation. Even though it’s still a ...
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Strong economic growth and elevated inflation is putting upward pressure on bond yields and that will put downward pressure on the economy at a time when stocks reflect a strong ...
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post: YEN WEAKENS 1.7% TO SESSION LOW AT 158.33 PER DOLLAR
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A first taste of intervention play by Tokyo perhaps? The pair is being quickly bought up though as the volatility swing sees it back up to the 155.70-90 range at the moment. The ...
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Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking and Securities, which appointed the Federal ...
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Main scenario: consider long positions from corrections above the level of 1.3553 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3553 will allow the pair to continue declining to the levels of 1.3418 – 1.3170. Analysis: the ascending first wave of larger degree (1) continues developing on the daily ...
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GBPJPY is trading higher again today, recording its fourth consecutive green candle and preparing to test the June 24, 2015 high at 195.87. The market is digesting the BoJ meeting’s outcome, with the lack of hawkish rhetoric maintaining the underperformance of the ailing yen and increasing the pressure on the Japanese finance ministry to intervene. Momentum ...
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The Funded Trader, a prop trading firm that halted payouts and temporarily suspended services for three weeks, came back online last week and is now in the process of moving its base from the United States to the Cayman Islands. “The Funded Trader LLC, headquartered in the USA, is currently in the process of transitioning its operations to an entity located ...