Forex News
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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 ...
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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 ...
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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, ...
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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 ...
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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 the yen fell below 160 to the dollar for the first time in 34 years. The second intervention came a few days later after Jerome Powell announced that a rate hike was unlikely to be ...
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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 ...
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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 ...
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Join the team this week for a discussion on the CPI report, Chinas weather, the business cycle watch & much more.
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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 ...
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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 ...
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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 ...
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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 ...
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US CPI was the big item from this week and the Wednesday release prodded several themes across global markets. US equities broke out to fresh highs on the back of that print, and the US Dollar broke down to fresh monthly lows, eventually finding support around the 200-day moving average which led to a bounce on Thursday. The move in the Dollar contributed ...
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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 ...