Fed’s Schmid Warns Energy Shock Is Leaking Into the Economy
Federal Reserve Bank of Kansas City President Jeffrey Schmid warned on Thursday that the recent energy shock is beginning to spill over into
Forex News
Forex News
Russia’s Central Bank Reserves Rise to $761.2B, Signaling Economic Resilience Amid Sanctions
Russia’s central bank reserves increased to $761.2 billion as of the latest reporting period, up from $755.6 billion previously, according to official data.
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Pound Sterling Slips to Weekly Lows Below 1.3600 as Dollar Strength Persists
The British pound dropped to weekly lows against the US dollar on Thursday, with GBP/USD trading below the 1.3600 level for the first
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Swedish Krona Faces Pressure as Inflation Risks May Force Tougher Riksbank Stance, BNY Warns
The Swedish krona could face increased volatility as inflation risks may push the Riksbank to adopt a more hawkish policy stance, according to
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Bitcoin Experts Favor Defined-Risk Strategies for the Next Leg Higher
As Bitcoin consolidates near recent highs, a growing number of derivatives traders are turning to defined-risk strategies—such as options spreads—to position for the
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Canada’s Current Account Surplus Hits C$8.84B in Q2, Far Exceeding Expectations
Canada’s current account recorded a surplus of C$8.84 billion in the second quarter of 2024, far exceeding market forecasts that had projected a
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US Wholesale Inventories Jump 1.3% in July, Far Exceeding Expectations
US wholesale inventories rose 1.3% in July, according to the latest advance report from the US Census Bureau, significantly surpassing market forecasts of
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US Continuing Jobless Claims Dip Below Forecast to 1.778M
US continuing jobless claims fell to 1.778 million for the week ending August 14, coming in below the forecast of 1.79 million, according
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Why the Latest PCE Reading Leaves the Fed with a Harder Choice
The latest Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, rose 2.7% year-over-year in March, according to data released
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Gold Price Outlook: Can It Realistically Reach $5,000?
Gold prices have captured investor attention as speculation grows over a potential rally to $5,000 per ounce, a level that would represent a