Forex News
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As Archegos Capital Management cratered in March 2021, it began trying to pull excess cash from trading accounts across Wall Street. At the time, it had about $470 million with Goldman Sachs Group Inc. But instead of withdrawing the money, an Archegos staffer accidentally wired that amount to Goldman, and the bank didn’t immediately give it back. That left ...
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Banking giant HSBC has been fined 6.2 million pounds ($7.9 million) for failing to treat financially-stretched customers fairly, Britain's Financial Conduct Authority (FCA) said on Thursday. The FCA said it had imposed the penalty on the bank's HSBC UK Bank Plc, HSBC Bank Plc and Marks and Spencer Financial Services units because they had failed to do ...
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Analysts have used technical indicators for years. They analyze historical data, looking at past price movements to speculate on the future price direction of financial instruments. These indicators rely on patterns and gather data from price, volume, or open interest. It's crucial to understand that technical indicators work reactively; they don't predict ...
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post: Fed’s Bostic: Job Growth Has Been Robust, Gives Me Comfort at Staying at More Restrictive Level post: FED'S BOSTIC: WE ARE NOT IN DANGER OF FALLING INTO A MORE CONTRACTIONARY ENVIRONMENT. post: FED'S BOSTIC: WE MAY NEED TO BE MORE PATIENT TO AVOID HEATING THE ECONOMY. post: Fed’s Bostic: There’s Still Considerable Upward Pressure on Prices, Not Past the ‘Worry Point’
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Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. First-time claims decreased by 8,000 to 215,000 in the week ended May 18 after a similar drop in the prior period, marking the biggest back-to-back decline since September, according to Labor Department data released Thursday. The ...
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In March the Bank of Japan raised interest rates for the first time since 2007, as the widening chasm between US and Japanese interest rates engendered capital movements that have dragged the yen to a three-decade low. Will the Bank keep rates relatively low to maintain an acceptable level of inflation, or raise rates in order to halt a cratering yen?
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Initial applications for US unemployment benefits fell last week, remaining subdued as both demand for workers and layoffs ease. First-time claims decreased by 8,000 to 215,000 in ...
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In March the Bank of Japan raised interest rates for the first time since 2007, as the widening chasm between US and Japanese interest rates engendered capital movements that have ...
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The Bank of England has cancelled all speeches and public statements by policymakers during the UK election campaign, according to a spokesman for the central bank. Essential ...
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post: BoJ in the building again?
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post: FED'S BOSTIC: THE LAST COUPLE OF INFLATION NUMBERS SUGGEST IT'S GOING BACK TO 2%, BUT GOING SLOW. post: FED'S BOSTIC: THE POST-PANDEMIC ECONOMY MAY BE LESS SENSITIVE TO RATES. post: FED'S BOSTIC: HOUSEHOLDS AND HOMEOWNERS HAVE LOCKED IN LOW RATES, THIS LIMITS THE SENSITIVITY OF THE ECONOMY TO FED POLICY RATE HIKES. post: Fed’s Bostic: We’re Not Going to Talk About Moving the Fed’s Inflation Goal Until We Get to 2% post: FED'S BOSTIC: ON RATES, IT IS IMPORTANT TO MOVE IN ONE DIRECTION ONLY
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post: Fed’s Bostic: Job Growth Has Been Robust, Gives Me Comfort at Staying at More Restrictive Level post: FED'S BOSTIC: WE ARE NOT IN DANGER OF FALLING INTO A MORE CONTRACTIONARY ENVIRONMENT. post: FED'S BOSTIC: WE MAY NEED TO BE MORE PATIENT TO AVOID HEATING THE ECONOMY. post: Fed’s Bostic: There’s Still Considerable Upward Pressure on Prices, Not Past the ‘Worry Point’
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USD/CAD rallied 0.8% off technical support at the monthly lows with the recovery now extending into resistance at the April downtrend. Battle lines drawn as the bulls try to recapture 1.37. These are the updated targets and invalidation levels that matter on the USD/CAD short-term technical charts heading into the close of the month. chart Technical ...
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USDJPY closed Wednesday’s session with modest gains at 156.75 as the FOMC minutes highlighted worries about inflation and disagreements among policymakers on the timeline of monetary easing. The soft bullish move was enough to drive the price above the short-term resistance line drawn from April and therefore boost optimism for a continuation higher, but ...
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IC Markets Global, one of the world’s largest Forex CFD providers, has partnered with TipRanks, a premier provider of investment research tools. This partnership is aimed at enhancing investment and trading research capabilities for IC Markets Global clients, providing them access to TipRank’s sophisticated tools. Aligned with IC Markets Global 16-year ...