Forex News
-
Two state lawmakers say it’s time to roll the dice on awarding casino licenses in the New York City area and are backing a bill that would speed up the current much-criticized timetable. Sen. Joseph Addabbo (D-Queens) and Assemblyman Gary Pretlow (D-Mount Vernon) are pushing a proposed law in the waning days of the state legislative session that would ...
-
Drake's losses are coming at a fast and furious clip -- the embattled rapper/sports gambler put more than half a million down for Tyson Fury to win his boxing match ... and, he did not. It's debatable who's in more pain this morning ... Drake or Tyson, after the boxer lost to Oleksandr Usyk by a split decision Saturday night in Saudia Arabia. Prior to the ...
-
In our team meetings, we often discuss the shifting sands of the market. Not only is it an interesting topic, but it poses a challenge for asset allocators. We are in the midst of a multi-year outperformance cycle for large-cap growth. The companies that have driven this outperformance have all become household names: Alphabet, Amazon, Apple, Meta, ...
-
Iranian President Ebrahim Raisi and his foreign minister died when their helicopter crashed as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters on Monday (May 20). Hopes were fading that Raisi and his foreign minister survived a helicopter crash in mountainous terrain and icy weather, an Iranian official had told Reuters after ...
-
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington. The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. As a portion of the total U.S. economy, it is now more than 120%. Concern over such ...
-
US bond yields are pushing higher, retracing some of the ground ceded following last Wednesday’s inflation and retail sales reports. With no top tier economic data to navigate this week, Fed speak is likely to be more influential than usual. And given the Fed is data dependent when assessing the US interest rate outlook, with no new information to consider, ...
-
Over a four-day period Japan is suspected to have carried out two interventions to support the yen at an estimated cost of $59 billion dollars. The first intervention came after ...
-
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington. The federal ...
-
US bond yields are pushing higher, retracing some of the ground ceded following last Wednesday’s inflation and retail sales reports. With no top tier economic data to navigate ...
-
Iranian President Ebrahim Raisi and his foreign minister died when their helicopter crashed as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters on ...
-
A helicopter carrying Iranian President Ebrahim Raisi suffered a “hard landing” on Sunday, Iranian state media reported, without elaborating. Some began urging the public to pray ...
-
post: BoE Broadbent : Possible Bank Rate Could Be Cut In Summer - Policy More Restrictive Now Than In H1 2023 - Less Restrictive Rates Depend On Data Evolving - Policy Will Have To Become Less Restrictive - Rates Will Be Less Restrictive At Some Point
-
EURUSD appears to be maintaining a horizontal trajectory in the very short-term, trapped between the 1.0895 resistance level and the 1.0814 support. A paused state of directional momentum is reflected in the technical oscillators. The stochastic posted a bearish crossover within its %K and %D lines in the overbought territory, while the RSI is failing to ...
-
The GBP/USD was looking strong at the time of writing on Friday, looking to post a weekly close of around 1.5%, supported by stronger UK data and weaker US macro pointers. In the week ahead, we have key UK inflation numbers and global PMI data to trigger the next move. Our GBP/USD analysis remains bullish because of our bearish view on the dollar. The ...
-
Copenhagen-based broker Saxo Bank has achieved a major milestone, surpassing $116 billion (DKK 800 billion) in client assets. This is a record-breaking feat for the Danish broker, which took 25 years to reach DKK 150 billion and then just 6 years to increase that figure five-fold, adding an additional DKK 650 billion. Saxo Bank said this achievement shows ...