Forex News
- From tmz.com|38 min ago
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 ...
- From bnnbloomberg.ca|May 17, 2024
Archegos Capital Management returned to the spotlight three years after its spectacular collapse with the start of founder Bill Hwang’s trial on fraud, racketeering and market manipulation charges. The trial kicked off Monday in Manhattan federal court with opening statements and continued through Thursday with testimony from several witnesses who ...
- From blog.commonwealth.com|May 17, 2024
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, ...
- From apnews.com|3 hr ago|20 comments
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 for Raisi and the others on board as rescue crews sped through a misty, rural forest where his helicopter was believed to be. The likely crash comes as Iran under Raisi and Supreme ...
- From bnnbloomberg.ca|6 hr ago
Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy. Days after US data revealed cooler-than-expected consumer-price growth, the UK, Canada and Japan will all publish numbers for April that are likely to go in the same ...
- From exchangerates.org.uk|3 hr ago
Currency analysts at ING expect interest rate cuts will undermine the Pound with the Pound to Euro (GBP/EUR) exchange rate weakening to 1.1365 on a 6-month view. GBP/EUR failed to break above the key 1.1765 level in February and March while rallies since then have fallen short of this level. ING considers that this resistance will continue to hold with the ...
- From bnnbloomberg.ca|18 hr ago|10 comments
From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs. Of the world’s 20 largest stock markets, 14 have hit all-time ...
- From exchangerates.org.uk|3 hr ago
Currency analysts at ING expect interest rate cuts will undermine the Pound with the Pound to Euro (GBP/EUR) exchange rate weakening to 1.1365 on a 6-month view. GBP/EUR failed to ...
- From apnews.com|3 hr ago|20 comments
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 ...
- From federalreserve.gov|14 min ago
Thank you, Dean Treanor, for the invitation to speak here today. I am very sorry that circumstances prevent me from joining you in person. I will start by acknowledging the parents, spouses, partners, other family members and mentors who are here. Without your support, sacrifice, and encouragement, we would not have so much to celebrate today. And to the class of 2024—congratulations on earning your law degree. You are the most selective class in Georgetown history, chosen from 14,000 applicants, and the most well qualified as well. Among you are Fulbright scholars, military veterans, Peace Corps, AmeriCorps and Teach for America alumni, student athletes, accomplished musicians and even a medical doctor. An impressive group. This is also the most diverse class in the 154-year history of the school. I am especially proud today to say that there is a lot of Georgetown in my family tree. My father graduated from the College in 1943 before serving in the U.S. Army in World War II. After the war, he received his law degree here and practiced law in Washington, D.C. I am fortunate to have two wonderful daughters; one graduated from the College in 2012; the other is a member of the Class of 2026 at the Law Center. It seems like yesterday that I was in your shoes, receiving my degree, looking forward with optimism and excitement, and wondering what lay ahead. I cannot help but think fondly of my time here. For many years, friends from law school have gathered annually for a weekend to refresh our ties and laugh about times gone by. These gatherings are referred to as "Big Chill," a reference to a 1983 movie that revolved around a mid-life reunion of college friends. I made lifelong friendships here that I keep to this day, and I hope it will be the same for you. Along with all the hard work, I also remember the fun. A favorite tradition was to attend Saturday midnight showings of The Rocky Horror Picture Show at the Key Theater on Wisconsin Avenue in Georgetown. Now, if you have led a culturally deprived life and are tragically unfamiliar with the movie, it is a raucous musical starring a young Tim Curry. Everyone in the theater wo post: POWELL OF FEDERAL RESERVE: NO COMMENT ON MONETARY POLICY IN SPEECH
- From forex.com|14 hr ago|9 comments
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 ...
- From forex.com|May 17, 2024
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 ...
- From financefeeds.com|30 hr ago
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 ...