Forex News
-
Kristofer McGuire, Keith Williamson and Karla Walker have been charged with multiple offences, including fraud by false representation and fraudulent trading, after they targeted victims by persuading them to invest in contracts for difference (CFDs). CFDs are a high-risk investment product used to bet on the price of an asset. Many victims of the alleged ...
-
Can money buy happiness? Contrary to what some may think, a million-dollar paycheck does not necessarily come with a problem free pass. While wealth can bring with it some unconventional problems — such as being denied an invite-only Ferrari and accidentally destroying swathes of coral reefs with a 300-foot yacht — most other problems that the rich face may ...
-
The past year’s steady decline in nominal wage growth now appears in danger of stalling. Given ongoing uncertainty in Ukraine and the Middle East, this seems an opportune moment to revisit the conventional wisdom about the relationship between inflation and wages: if an unexpected increase in energy costs drives up the cost of living, will workers demand ...
-
The CPI for April came in pretty close to expectations. CPI came in at 0.31% m/m, and 0.29% on core, versus a priori expectations for 0.37% and 0.30%. This relative accuracy does not necessarily mean that economists now know exactly what is going on in this index, only that all of the misses canceled out. But the misses are interesting, and worth looking ...
-
Markets expressed mild relief toward a pair of US inflation and consumer spending prints that change nothing yet for the FOMC. The result had markets gently piling into the US front-end, driving a weaker dollar, and putting a bid to US equities. That’s a sensible market reaction in a positioning sense that has been programmed to be surprised by higher core ...
-
European currencies have been resilient against the dollar during May with the Pound to Dollar (GBP/USD) exchange rate able to make limited net headway to just below the 1.2600 level. ING expects relatively low volatility will continue which will help cushion the Pound, but Bank of England (BoE) rate cuts will hold GBP/USD to 1.25 on a 6-month view. ING ...
-
The CPI for April came in pretty close to expectations. CPI came in at 0.31% m/m, and 0.29% on core, versus a priori expectations for 0.37% and 0.30%. This relative accuracy does ...
-
US consumers could be reaching their breaking point. After dealing with elevated inflation and the highest interest rates in decades, they’re starting to rein in their spending. ...
-
Markets expressed mild relief toward a pair of US inflation and consumer spending prints that change nothing yet for the FOMC. The result had markets gently piling into the US ...
-
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor ...
-
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
-
post: FED'S GOOLSBEE: IF THE DECREASE IN HOUSING INFLATION SEEN IN APRIL CPI DATA CONTINUES, THAT'S GREAT. post: FED'S GOOLSBEE: I'M STILL OPTIMISTIC, AND MY READ OF THE EVIDENCE IS THAT HOUSE PRICE INFLATION COMES DOWN SUBSTANTIALLY.
-
The Australian Dollar surged more than 1% against the US Dollar on Wednesday after data showed that consumer inflation moderated in April, with the underlying Consumer Price Index (CPI) edging lower for the first time in six months. As Thursday’s Asian session begins, the AUD/USD trades at 0.6695, virtually unchanged. Inflation in the US began to show signs ...
-
GBPUSD is up today on a slightly cooler US Consumer Price Index (CPI) reading, but is it sustainable? Today, I’ll share the GBPUSD area to watch this week, which lines up with a critical level on the US Dollar Index (DXY). GBPUSD is up today following a slightly cooler print from US CPI. However, it’s not as big of a miss as some were expecting, and US ...
-
The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges Trading.com with failing to file timely daily financial reports, daily trade reports, and ...