Forex News
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The S&P 500 hit yet another all-time high Monday, marking the 30th time the index reached a fresh high this year. The S&P 500 rose 41-point-6-3 points, or zero-point-seven-seven percent on Monday, to close the trading at five-thousand-473-point-2-3. The day's gains were largely driven by megacaps like Tesla and Apple, despite Nvidia edging lower. The index ...
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A major championship and a whole lot of money was be awarded at Pinehurst No. 2 as the United States Golf Association announced a record purse for the 2024 U.S. Open. Upping the prize pool by $1.5 million for this year's championship, the USGA will be shelling out a total of $21.5 million after Sunday's festivities. Taking home the largest chunk is two-time ...
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Yes, ChatGPT can generate code that is compatible with trading platforms such as MetaTrader 4 (MT4). In this way, the use of ChatGPT can be useful when users want to develop code for their trading strategies by giving explicit instructions to program the code for that specific topic. However, before you launch it, it may be necessary to perform further ...
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent. Inflation has fallen substantially since its peak in 2022, as higher interest rates have been working to bring ...
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post: RBA GOV BULLOCK: **NEED A LOT TO GO OUR WAY TO BRING INFLATION BACK TO RANGE **BOARD DISCUSSED WHETHER TO HIKE RATES AT THE MEETING **BOARD DECIDED TO STAY THE COURSE ON POLICY **TRYING TO BRING DEMAND DOWN WHILE REMAINING ON NARROW PATH **BOARD WANTED TO MAKE POINT THAT… post: RBA GOV BULLOCK: **BOARD DID NOT CONSIDER THE CASE FOR A RATE CUT AT THIS MEETING **WOULD NOT SAY THAT THE CASE FOR A RATE HIKE IS INCREASING **VERY CONCIOUS THAT HIGH RATES HURTING SOME SECTOR OF COUNTRY post: RBA GOV BULLOCK: INFLATION ALSO HURTING PEOPLE, SO BOARD LASER FOCUSED ON BRINGING IT DOWN
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This week we look at the US dollar from several different angles and conclude a massive expansionary regime is coming, plus more. 1. The US trade-weighted dollar index is in a 2-year sideways compression regime. Despite the greatly exaggerated reports of its death as a reserve currency, it continues to stairstep higher in a larger 17-year uptrend. chart ...
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This week we look at the US dollar from several different angles and conclude a massive expansionary regime is coming, plus more. 1. The US trade-weighted dollar index is in a ...
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Fed and ECB postpone rate cuts. Lower core inflation momentum or higher unemployment rate required for Sep rate cuts. Spreads widen on the back of French snap general elections. ...
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World economic growth will come in stronger this year before ticking down in 2025, according to Fitch Ratings’ latest forecast. The rating agency increased its forecast for global ...
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per ...
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post: RBA GOV BULLOCK: **NEED A LOT TO GO OUR WAY TO BRING INFLATION BACK TO RANGE **BOARD DISCUSSED WHETHER TO HIKE RATES AT THE MEETING **BOARD DECIDED TO STAY THE COURSE ON POLICY **TRYING TO BRING DEMAND DOWN WHILE REMAINING ON NARROW PATH **BOARD WANTED TO MAKE POINT THAT… post: RBA GOV BULLOCK: **BOARD DID NOT CONSIDER THE CASE FOR A RATE CUT AT THIS MEETING **WOULD NOT SAY THAT THE CASE FOR A RATE HIKE IS INCREASING **VERY CONCIOUS THAT HIGH RATES HURTING SOME SECTOR OF COUNTRY post: RBA GOV BULLOCK: INFLATION ALSO HURTING PEOPLE, SO BOARD LASER FOCUSED ON BRINGING IT DOWN
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Bank of Japan Governor Ueda: • Depending on economic, price and financial data and information available at the time, there is chance we could raise interest rates at July ...
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GBPUSD was in a steady recovery following its bounce off the 2024 bottom of 1.2298, with the price violating both the 50- and 200-day simple moving averages (SMAs). In the near term, although the pair surged to a three-month high of 1.2859, it quickly reversed lower. Should the pullback extend, the recent support of 1.2655 could act as the first line of ...
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EUR/USD may attempt to retrace the decline following the Federal Reserve interest rate decision as it no longer carves a series of lower highs and lows, but the US Retail Sales report may drag on the exchange rate as the update is anticipated to show a rise in household spending. US Dollar Forecast: EUR/USD Susceptible to Test of May Low Keep in mind, ...
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CMC Markets has partnered with Revolut to enable connectivity between the two via multiple APIs, with the user interface delivered directly via the Revolut app whilst trading, pricing, account systems, execution, and clearing are provided by CMC. The online trading giant establishes connectivity with a global institutional client base of banks, brokerages, ...