Forex News
-
Jacksonville Jaguars quarterback Trevor Lawrence has inked a five-year contract extension worth $275million, according to multiple reports. The deal includes $200million guaranteed in the contract and $142m at signing, a source told ESPN's Adam Schefter. It now means that Lawrence is tied with Cincinnati Bengals quarterback Joe Burrow as the highest paid ...
-
In the era of hybrid work, with employees splitting their time between two days in the office and three days working remotely, employers have ramped up using productivity monitoring software. However, employees have outsmarted some of these surveillance programs with gadgets like mouse movers, otherwise known as 'mouse jigglers.' The popularity of mouse ...
-
Now that the general theme of central banks has moved towards cutting, some have been able to do so sooner than others. Two of the majors, the Fed and the BOE, are seen as the most hesitant. Analysts suggest they might not get around to cutting until September. The main reason being cited for both is the labor market. For the Fed, it makes sense that the ...
-
The established financial world order of the past 50 years is now transitioning to a new and unknown paradigm as the petrodollar agreement between the U.S. and Saudi Arabia was allowed to expire this past Sunday. The term ‘petrodollar’ described the U.S. dollar’s (USD) role as the currency used for crude oil transactions on the world market. It traces back ...
-
post: BOJ'S GOVERNOR UEDA: IT'S POSSIBLE TO RAISE THE RATE IN JULY DEPENDING ON DATA.
-
post: BOJ'S GOVERNOR UEDA: A RATE HIKE IS JUSTIFIED IF UPSIDE RISKS INTENSIFY. post: BOJ'S GOVERNOR UEDA: EVERY DAY WE ARE CHECKING FX MOVES, SUSTAINABILITY OF THE MOVES, IMPACT ON DOMESTIC PRICES, AND WAGES. post: BOJ'S GOVERNOR UEDA: I DON'T THINK WE CAN REACH THE STATE OF JGB HOLDINGS THAT IS DESIRABLE IN THE LONG-TERM IN A YEAR. post: BOJ'S GOVERNOR UEDA: WE WILL SET THE SHORT-TERM INTEREST RATE AT JULY'S MEETING, ALSO CONSIDERING JGB PURCHASE REDUCTION. post: BOJ'S GOVERNOR UEDA: THERE IS NO CHANGE IN THE VIEW THAT CONSUMER SPENDING WILL PICK UP.
-
The established financial world order of the past 50 years is now transitioning to a new and unknown paradigm as the petrodollar agreement between the U.S. and Saudi Arabia was ...
-
The report issued today by the IAEA makes clear that Iran aims to continue expanding its nuclear program in ways that have no credible peaceful purpose. These planned actions ...
-
I am ready to call it. The Fed should cut rates. July would be the right time to start in my opinion. To be clear, I don’t think they will do this. I still think the baseline ...
-
At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call to remain at around 0 to 0.1 percent. Regarding the purchase of Japanese government bonds (JGBs), CP, and corporate bonds for the intermeeting period, the Bank will conduct the purchase in accordance with the decisions made at the March 2024 MPM. The Bank decided, by an 8-1 majority vote, that it would reduce its purchase amount of JGBs thereafter to ensure that long-term interest rates would be formed more freely in financial markets.Holding the "Bond Market Group" Meetings In accordance with the decision at the Monetary Policy Meeting today, the Financial Markets Department of the Bank of Japan will hold the "Bond Market Group" meetings in the following manner. 1. Date To be announced. 2. Form of the Meetings: The Bank will hold a meeting with commercial banks group, securities firms group and buy-side group, respectively. 3. Place: The Head Office of the Bank of Japan. 4. Participants: - Persons in charge of bond market issues in financial institutions including those who participate in the "Bond Market Survey". - Director-General of the Financial Markets Department, Head post: BOJ: WILL CONDUCT JGB PURCHASES IN ACCORDANCE WITH DECISION MADE AT MARCH POLICY MEETING post: BOJ TO DECREASE GOVERNMENT BOND PURCHASES post: JAPAN'S ECONOMY SEES MODERATE RECOVERY WITH SOME WEAKNESS OBSERVED: BOJ
-
post: DRAFT G7 STATEMENT: "WE WILL RESTRICT ACCESS TO OUR FINANCIAL SYSTEMS FOR TARGETED ENTITIES, INCLUDING CHINESE, THAT SUPPORT RUSSIA'S WAR EFFORT" post: DRAFT G7 STATEMENT: "WE WILL CONTINUE TO APPLY SIGNIFICANT PRESSURE ON RUSSIAN REVENUES FROM ENERGY AND OTHER COMMODITIES", INCLUDING ACTION ON PRICE CAP post: DRAFT G7 STATEMENT: PROMISES ADDITIONAL SANCTIONS ON "THOSE ENGAGED IN DECEPTIVE PRACTICES WHILE TRANSPORTING RUSSIAN OIL" post: DRAFT G7 STATEMENT: PLEDGES TO CONTINUE EFFORTS TO REDUCE RUSSIA’S REVENUES FROM METALS AND ENERGY post: DRAFT G7 STATEMENT: **"WE URGE TEHRAN TO CEASE AND REVERSE NUCLEAR ESCALATIONS, AND STOP THE CONTINUING URANIUM ENRICHMENT ACTIVITIES THAT HAVE NO CREDIBLE CIVILIAN JUSTIFICATIONS" **CALL ON IRAN TO STOP ASSISTING RUSSIA’S WAR IN UKRAINE AND NOT TO TRANSFER BALLISTIC…
-
post: BOJ'S GOVERNOR UEDA: IT'S POSSIBLE TO RAISE THE RATE IN JULY DEPENDING ON DATA.
-
Main scenario: consider short positions from corrections below the level of 0.9155 with a target of 0.8730 – 0.8325. Alternative scenario: breakout and consolidation above the level of 0.9155 will allow the pair to continue rising to the levels of 0.9451 – 0.9838. Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily ...
-
USDCAD is still developing above the short-term simple moving averages (SMAs), which are ready for a bullish crossover, and above the medium-term uptrend line. Technically, the MACD oscillator is moving sideways above the zero level; however, the stochastic oscillator is indicating a negative movement as it posted a bearish cross with %K and %D lines in the ...
-
STARTRADER has recently got the award of the “Best Forex Trading App” from EMG publishing. Such an award shows that the team of STARTRADER are dedicated to listen to their clients needs, and build their strategy in which that best addresses those needs. As such, the team has introduced an online trading app that garnered satisfaction from clients around the ...