Forex News
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Ahead of Pat Sajak’s final episode as the host of “Wheel of Fortune,” Vanna White paid an emotional tribute to her co-host of more than 40 years. On Thursday’s episode of the beloved game show, White honored Sajak’s work and their friendship with a video segment that featured clips and photos tracing their collaboration from the 1980s to the present. “As ...
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GameStop stock (GME) rose 47% on Thursday after a YouTube account believed to be tied to investor Keith Gill, also known as "Roaring Kitty" on social media, posted a livestream scheduled for Friday at noon ET. After the market close, Reddit user DeepF***ingValue, an account previously tied to Gill, posted a new screenshot purporting to show their position ...
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GDP, or gross domestic product, is all over financial news. It’s a measure of the value of all the goods and services in a country, but what does it actually mean? Well, it works as an indicator for how well or poorly a nation’s overall economy is faring. Do policies need adjusting? Are people gainfully employed? Watch to learn how GDP works and why it ...
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Traders and economists expect the NFP report to show that the US created 185K net new jobs, with average hourly earnings rising 0.3% m/m (3.9% y/y) and the U3 unemployment rate holding steady at 3.9%. After a blistering start to the year, the US economy has seemingly downshifted in Q2 based on recent data. That said, the key indicators the Federal Reserve ...
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As the saying goes, “There are lies, damn lies and statistics.” And on the first Friday of every month, the American public gets a ton of new statistics to peruse. That’s when the U.S. Bureau of Labor Statistics releases its latest jobs figures. Within minutes of the data drop, news organizations send out push alerts, pundits start opining, and the ...
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"The business models used by firms engaged in prop trading (technically funded trader services) can take various forms, some of which may be subject to the MiFID regulatory framework,” the Czech National Bank told Finance Magnates exclusively. In this context, It's worth mentioning that one of the top prop trading companies, FTMO, is domiciled in the Czech ...
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Euro futures came off of two days of selling pressure after the ECB rate cut. Dan Deming discusses.
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As the saying goes, “There are lies, damn lies and statistics.” And on the first Friday of every month, the American public gets a ton of new statistics to peruse. That’s when the ...
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After yesterday's breathless Nvidia-led meltup, which saw the AI chipmaker surpass both $3 trillion in market cap and Apple's valuation, today's session was a boring affair by ...
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post: Japan FinMin Suzuki: FX Intervention Should Be Used On Limited Basis - Need To Smooth Out Excessive FX Moves On Occasion - Watching Forex Moves Closely post: Japan FinMin Suzuki: Also Need To Think About Effectiveness Of Intervention - Not Thinking Of Fund Limit For FX Intervention
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China's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY in May vs. ...
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post: INDIAN INTEREST RATE DECISION ACTUAL 6.5% (FORECAST 6.5%, PREVIOUS 6.50%) $MACRO post: RBI CHIEF: 4 OUT OF 6 MPC MEMBERS VOTE IN FAVOUR OF POLICY STANCE post: RBI CHIEF: PRIVATE CONSUMPTION IS RECOVERING post: RBI CHIEF: FY25 CPI INFLATION VIEW RETAINED AT 4.5%
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The quotes of the USD/JPY currency pair continue to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 156.31. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates ...
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Thursday’s European Central Bank (ECB) rate decision and press conference failed to move the needle for the EURUSD, but traders don’t have to wait long for more volatility. Watch today’s video for my thoughts on today’s post-ECB price action from the EURUSD and DXY, plus get my thoughts on Friday’s non-farm payroll (NFP). The EURUSD rallied overnight ahead ...
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"The business models used by firms engaged in prop trading (technically funded trader services) can take various forms, some of which may be subject to the MiFID regulatory framework,” the Czech National Bank told Finance Magnates exclusively. In this context, It's worth mentioning that one of the top prop trading companies, FTMO, is domiciled in the Czech ...