Forex News
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Renaissance Technologies LLC, the quantitative fund founded by the late Jim Simons, loaded up on shares of meme-stock darlings AMC Entertainment Holdings Inc. and GameStop Corp. ahead of the latest rally. The hedge fund bought 3.82 million shares of AMC in the first quarter of 2024, adding to its position in the movie theater chain, according to regulatory ...
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The Financial Conduct Authority (FCA) has initiated legal action against nine individuals concerning their involvement in an unauthorised foreign exchange trading scheme that was promoted via social media channels. Emmanuel Nwanze stands accused of orchestrating an unauthorised investment scheme and disseminating unauthorised financial promotions. According ...
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Price can be volatile at times and hard to read. That's where moving averages come in! They're a super popular trading indicator used by many of the best traders of all time, but using them right can be tricky. This article will cut through the confusion and show you exactly what you need to know. We'll cover picking the perfect moving average for your ...
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post: FED'S BOSTIC: I AM PLEASED WITH INFLATION PROGRESS IN APRIL BUT THE FED IS NOT YET THERE. post: FED'S BOSTIC: THERE IS STILL A LOT OF PRICING PRESSURE IN THE ECONOMY. post: *BOSTIC: CPI NUMBER CAME IN LOWER THAN 3-MO. AVG. FOR THIS YEAR *BOSTIC: SHELTER CAME IN HIGH BUT ITS LOWEST SINCE MID-2021 *BOSTIC: FIRMS CAN'T 100% PASS THROUGH PRICES, ECONOMY SLOWING post: FED'S BOSTIC: I AM HEARING BUSINESSES SAY THEY ARE AT THE LIMITS OF PRICING POWER AND NOT ABLE TO FULLY PASS-THROUGH INPUT COSTS. post: FED'S BOSTIC: IT COULD BE APPROPRIATE TO REDUCE RATES TOWARD YEAR END.
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The US dollar selling stalled in the first half of Thursday’s session even though further evidence of an economic slowdown emerged, following Wednesday’s disappointing macro pointers. Today’s disappointing US macro pointers included jobless claims, industrial production, housing starts and building permits. It looks like traders were put off from selling ...
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In April, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, and ...
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The Fed hiked rates above 5%, and yet the US economy doesn't break. Back in 2022 already, the yield curve inverted and it has stayed inverted ever since. The lags looked ...
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Federal Reserve Bank of Cleveland President Loretta Mester said policymakers need more data to be confident inflation is on a path to the central bank’s 2% target, and suggested ...
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With no slowdown in sight for the US economy, the Fed will need to see several months of even slower price data before cutting rates. September is probably too soon, and we now ...
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post: Fed’s Mester: It Will Take Longer to Gain Confidence Inflation’s Moving Toward 2% Fed’s Mester: Current Restrictive Policy Will Help Lower Inflation Fed’s Mester: Welcomes CPI Data Sign of Cooling Inflation Fed’s Mester: Expects Gradual Progress on Lowering Inflation post: FED’S MESTER: RISKS TO THE INFLATION SIDE OF FED MANDATE HAVE INCREASED. post: <=USD>:*FED'S MESTER: PRUDENT TO HOLD RATES 'FOR LONGER' TO ASSESS DATA *MESTER: INFLATION PROGRESS WILL DEPEND MORE ON EASING DEMAND *MESTER: DATA SUGGEST RISKS TO FED'S INFLATION GOAL HAVE RISEN *MESTER: READINGS ON SHORT-TERM INF. EXPECTATIONS HAVE RISEN
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post: FED'S BOSTIC: I AM PLEASED WITH INFLATION PROGRESS IN APRIL BUT THE FED IS NOT YET THERE. post: FED'S BOSTIC: THERE IS STILL A LOT OF PRICING PRESSURE IN THE ECONOMY. post: *BOSTIC: CPI NUMBER CAME IN LOWER THAN 3-MO. AVG. FOR THIS YEAR *BOSTIC: SHELTER CAME IN HIGH BUT ITS LOWEST SINCE MID-2021 *BOSTIC: FIRMS CAN'T 100% PASS THROUGH PRICES, ECONOMY SLOWING post: FED'S BOSTIC: I AM HEARING BUSINESSES SAY THEY ARE AT THE LIMITS OF PRICING POWER AND NOT ABLE TO FULLY PASS-THROUGH INPUT COSTS. post: FED'S BOSTIC: IT COULD BE APPROPRIATE TO REDUCE RATES TOWARD YEAR END.
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U.S. imports increased 0.9 percent in April, after advancing 0.6 percent in March, the U.S. Bureau of Labor Statistics reported today. Higher fuel and nonfuel import prices ...
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EUR/USD eased slightly on Thursday, falling back below 1.0880 as the Greenback broadly recovers losses from earlier in the week. The pair remains notably up for the trading week, but a late break for the US Dollar is on the cards as investors second-guess the Fed Reserve’s (Fed) stance on rate cuts and keep one foot in the safe haven USD. A June rate cut ...
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The US dollar selling stalled in the first half of Thursday’s session even though further evidence of an economic slowdown emerged, following Wednesday’s disappointing macro pointers. Today’s disappointing US macro pointers included jobless claims, industrial production, housing starts and building permits. It looks like traders were put off from selling ...
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Online retail brokerage Tickmill has introduced a new interest rate offering that allows clients to earn up to 3.5% interest per year on their unused funds. The best part is that your money stays available for trading whenever a good opportunity comes along. Per its press release, this initiative is part of the London-based broker’s effort to provide ...