Forex News
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A job posting that included race and citizenship requirements — and the stipulation, “Don’t share with candidates” — has resulted in settlement agreements between Virginia-based IT staffing firm Arthur Grand Technologies Inc. and the U.S. government. Under the arrangement, Arthur Grand will pay a civil penalty of $7,500, along with a total of $31,000 to 31 ...
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Romania’s Mugur Isarescu, the world’s longest-serving central bank governor, is poised to be confirmed for a new five-year term as lawmakers seek a vote on the extension by the end of June. Isarescu took over the leadership of the National Bank of Romania in 1990, less than a year after the collapse of Nicolae Ceausescu’s communist regime, and has served ...
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In a witty turn of the phrase, Bloomberg writes today that "the US stock market is finally as fast as it was about a hundred years ago" and it's true: it's been about one century since share trades in New York settled in a single day, as they will from Tuesday under new SEC rules. The change, which cuts in half the time it takes to complete every ...
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post: FED'S DALY: **NEW TECHNOLOGIES OFTEN REALLOCATE LABOR, WITH A 'PAINFUL GAP' FOR SOME WORKERS **NO ONE KNOWS THE IMPACT OF GENERATIVE AI ON LABOR AND THE ECONOMY
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Bank of Japan board member Seiji Adachi: • Changing monetary policy frequently to stablise FX moves would lead to big changes in rate moves. • If interest rate moves are too big, that would cause disruptions in household and corporate investment. • Responding to short-term fx moves with monetary policy would affect price stability. • If excessive yen falls ...
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The yen slumped to its weakest level in almost 16 years against the British pound, renewing concern over a currency depreciation that has dogged policymakers this year. The Japanese currency slid 0.1% touching 200.56 per pound, its weakest level since August 2008. The latest leg of the move comes as carry traders look to harvest extra returns pile into ...
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The yen slumped to its weakest level in almost 16 years against the British pound, renewing concern over a currency depreciation that has dogged policymakers this year. The ...
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US consumer confidence unexpectedly rose in May for the first time in four months as views about business conditions and the labor market were less negative. The Conference ...
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Danielle DiMartino Booth has been beating the drums for weeks that the US is in recession and has been since October. No so fast says Jim Bianco. The lead chart shows Booth’s ...
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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' ...
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post: FED'S DALY: **NEW TECHNOLOGIES OFTEN REALLOCATE LABOR, WITH A 'PAINFUL GAP' FOR SOME WORKERS **NO ONE KNOWS THE IMPACT OF GENERATIVE AI ON LABOR AND THE ECONOMY
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post: KASHKARI: THINK THE ODDS OF FED RAISING RATES ARE QUITE LOW post: FED'S KASHKARI: WE COULD STAY ON HOLD FOR AN INDEFINITE PERIOD OF TIME.
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EUR/JPY continues to extend the bullish movement and print a new higher high. The pair might attempt to retest the previous swing high and continue the long-term bullish trend. No change to the situation, traders will wait for a bearish correction to occur and enter long positions near support levels. As long as the pair continue printing new higher highs ...
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On May 1st, we saw USD/JPY plunge nearly 500 pips from its daily high in what is thought to have been the second intervention from the MOF. While one could argue this goes against fundamentals and that it is futile for a central bank to fight them, it can also be said that their objective was achieved: to slow the decline of the yen. However, this doesn't ...
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IG Securities, the Japanese subsidiary of electronic trading major IG Group, has raised margins for Turkish lira (TRY) instruments. The changes, which were implemented on May 24, 2024, reflect the current market environment. IG has raised the maintenance margin rate for new positions in Turkish Lira-related pairs (TRY/JPY, CHF/TRY, EUR/TRY, USD/TRY, ...