Forex News
- From rbnz.govt.nz|1 hr 50 min ago
- From nypost.com|16 hr ago
America’s most valuable postage stamp sold for nearly $4.4 million on Friday. The 1868 one-cent “Z” Grill was sold as part of the collection owned by “Bond King” Bill Gross, who co-founded asset management firm Pacific Investment Management Co., otherwise known as PIMCO. The winning bidder chose to remain anonymous. It’s the first time the stamp has been ...
- From youtube.com/arirangcokrarirangnews|27 hr ago|1 comment
The S&P 500 hit yet another all-time high Monday, marking the 30th time the index reached a fresh high this year. The S&P 500 rose 41-point-6-3 points, or zero-point-seven-seven percent on Monday, to close the trading at five-thousand-473-point-2-3. The day's gains were largely driven by megacaps like Tesla and Apple, despite Nvidia edging lower. The index ...
- From ironfxcn.com|34 hr ago|3 comments
Yes, ChatGPT can generate code that is compatible with trading platforms such as MetaTrader 4 (MT4). In this way, the use of ChatGPT can be useful when users want to develop code for their trading strategies by giving explicit instructions to program the code for that specific topic. However, before you launch it, it may be necessary to perform further ...
- From ons.gov.uk|24 min ago|1 comment
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.8% in the 12 months to May 2024, down from 3.0% in the 12 months to April. On a monthly basis, CPIH rose by 0.4% in May 2024, compared with a rise of 0.6% in May 2023. The Consumer Prices Index (CPI) rose by 2.0% in the 12 months to May 2024, down from 2.3% in the 12 months ...
- From cnbc.com|10 hr ago|4 comments
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen. Economist Claudia Sahm has shown that when the unemployment rate’s three-month average is half a percentage point higher than its 12-month low, the economy is in recession. As the ...
- From fxstreet.com|2 hr 25 min ago
The GBP/USD pair struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading band, around the 1.2700 round-figure mark during the Asian session. Spot prices, meanwhile, hold above a one-month low touched last Friday as traders keenly await the release of the latest UK consumer inflation figures before positioning for the next ...
- From cnbc.com|10 hr ago|4 comments
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen. ...
- From fxstreet.com|2 hr 25 min ago
The GBP/USD pair struggles to gain any meaningful traction on Wednesday and oscillates in a narrow trading band, around the 1.2700 round-figure mark during the Asian session. Spot ...
- From bnnbloomberg.ca|7 hr ago
A chorus of Federal Reserve officials on Tuesday emphasized the need for more evidence of cooling inflation before lowering interest rates, with a couple policymakers offering ...
- From boj.or.jp|6 hr ago
The Bank had been conducting market operations in accordance with the guideline for market operations decided at the previous meeting on March 18 and 19, 2024. The uncollateralized overnight call rate had been in the range of 0.074 to 0.077 percent. Meanwhile, regarding purchases of Japanese government bonds (JGBs), CP, and corporate bonds, the Bank conducted the purchases in accordance with the decisions made at the March 2024 meeting. B. Recent Developments in Financial Markets In the money market, interest rates on both overnight and term instruments had been at low levels. With regard to interest rates on overnight instruments, the uncollateralized call rate had been in the range of around 0.075 to 0.080 percent due to the termination of the negative interest rate policy; general collateral (GC) repo rates had turned positive, being at a level below 0.1 percent. As for interest rates on term instruments, yields on three-month treasury discount bills (T-Bills) were more or less unchanged over the intermeeting period. The Tokyo Stock Price Index (TOPIX) had declined somewhat, reflecting a decrease in U.S. stock prices and increased tension over the situation in the Middle East. Long-term post: BOJ MEMBER SUGGESTS HIGHER RATE PATH THAN MARKET EXPECTATIONS post: BOJ MINUTES: ONE MEMBER SAID BOJ COULD RAISE RATES MODERATELY BEFORE IT'S SUFFICIENTLY CONVINCED ABOUT CHANCE OF DURABLY HITTING PRICE GOAL, TO AVOID BEING FORCED TO HIKE RATES RAPIDLY LATER
- From home.treasury.gov|10 hr ago
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for April 2024. The next release, which will report on data for May 2024, is scheduled ...
- From ons.gov.uk|24 min ago|1 comment
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 2.8% in the 12 months to May 2024, down from 3.0% in the 12 months to April. On a monthly basis, ...
- From forex.com|6 hr ago
US yields and the dollar were lower on Tuesday as US retail sales came in softer than expected. Odds of a September cut rose to 61% from 56% ahead of the data and up from 46% one week ago – before last week's FOMC meeting. As a reminder, the Fed is veering towards one rate cut in 2024, which markets clearly interpret as September, even though the narrative ...
- From forex.com|12 hr ago
GBP/USD attempts to retrace the decline from the weekly high (1.2715) as the US Retail Sales report shows a 0.1% rise in May versus forecasts for a 0.2% print, but the British Pound may face headwinds ahead of the Bank of England (BoE) rate decision as the UK Consumer Price Index (CPI) is anticipated to show slowing inflation. Keep in mind, GBP/USD failed ...
- From cmegroup.com|7 hr ago
CME Group, the world's leading derivatives marketplace, today announced its foreign exchange (FX) futures reached an all-time single-day volume record of 3.26 million contracts (equivalent to $314B notional) on June 12. The previous record of 3.15 million contracts ($296B notional) was set on March 8, 2023. In addition, FX Link, CME Group's anonymous, ...