Forex News
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The Euro 2024 football tournament is expected to bring Germany an additional €1 billion from foreign visitors coming to watch the competition, which starts Friday night, a new study showed. That will boost the country’s economic output by around 0.1 percent in the second quarter, according to the study conducted by the Ifo Institute in Munich. “At the ...
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Elon Musk responded in kind to Tesla Inc. investors reapproving his massive compensation plan, offering outlandish predictions that he can enrich shareholders all over again. After Tesla’s general counsel confirmed Thursday that investors supported awarding stock options to Musk worth as much as $55.8 billion, the chief executive officer said the company’s ...
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Although not all trading platforms feature Range bar charts, they are pretty popular with professional traders. The main peculiarity of a range bar chart is that it does not consider time and is drawn based on price moves. This helps reduce price noise, especially when trading high-volatility assets. Read on to learn how to use range bars and what ...
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Large speculators increased short exposure to EUR/USD futures by 19% (22.9k contracts) and trimmed longs by 0.7% (-53 contracts). • Large speculators reached a record level of net-short exposure to CAD futures to strongly suggest a sentiment extreme could be near. • Net-long exposure to GBP/USD increased for a third week, to their most bullish level in ...
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In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the investment that flowed across borders since Covid struck. An International Monetary Fund analysis sent by request to Bloomberg News shows that the share of global flows has climbed — not fallen — since a shortage of dollars in ...
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Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting until December to do it. "We need to see more evidence to convince us that inflation is well on our way back down to 2%," Kashkari said in an interview with CBS' "Face the Nation" ...
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In the face of calls around the world to diversify out of the dollar in recent years, the US has nabbed almost one-third of all the investment that flowed across borders since ...
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It seemed like big news, and many wondered why the mainstream media had seemingly ignored it. Turns out, there was a very good reason. Earlier this week, reports circulating ...
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Australia’s central bank will likely hold its key interest rate at a 12-year high on Tuesday as it tries to restrain consumer prices that have been underpinned by an ultra-tight ...
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Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting until ...
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In May, 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 ...
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The total value of machinery orders received by 280 manufacturers operating in Japan decreased by 3.6% in April from the previous month on a seasonally adjusted basis. ...
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The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets. Crude oil prices retraced from two-week highs as investors ...
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The large reversal in USD/JPY on Friday following the Bank of Japan (BOJ) interest rate decision could be the start of a far larger move in the weeks and months ahead, unless you think the Federal Reserve may be forced to abandon the prospect of rate cuts this year. Given asymmetrical risks for the US rate outlook and increasingly tepid US economic data, ...
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STARTRADER has recently got the award of the “Best Forex Trading App” from EMG publishing. Such an award shows that the team of STARTRADER are dedicated to listen to their clients needs, and build their strategy in which that best addresses those needs. As such, the team has introduced an online trading app that garnered satisfaction from clients around the ...