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USD/JPY recovers to 156.00 as US Dollar bounces back
USD/JPY rebounds sharply to 156.00 amid a firm recovery in the US Dollar. Fed officials one good inflation data as incapable for unwinding the restrictive policy stance. Japan’s weak GDP deepens fears of BoJ’s limited scope for policy-tightening. The USD/JPY pair extends its recovery to 156.00 in Fr
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Eurozone Inflation Steady At 2.4% As Estimated
Eurozone inflation remained stable in April as initially estimated, official data said on Friday. The harmonized index of consumer prices grew 2.4 percent on a yearly basis, the same rate as seen in March, Eurostat reported. At the same time, core inflation that excludes prices of energy, food, alco
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AUD/USD Price Analysis: Aussie pulling back within an uptrend
AUD/USD has reached the bullish target for a price pattern that formed at the April 19 lows. It is currently correcting back but the overall uptrend suggests it will recover. Support from the zone around the trendline is likely to provide the springboard for a reversal higher. AUD/USD reached a key
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Why Choose JRFX Trading Platform MT4 for Your Investments?
Investing in the financial markets requires careful consideration of various tools and platforms available to traders. Among the numerous options, the MetaTrader 4 (MT4) trading platform stands out as a favorite for many due to its robustness, user-friendliness, and comprehensive features. JRFX Trad
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After limited follow-through selling, the Dollar has come back bid
Overview: Three of the G10 currencies rose by more than 1% against the US dollar yesterday after the softer inflation and weak retail sales readings. The Dollar Index lost almost 0.65% yesterday, the most this year. Among emerging market currencies, only the Mexican and Chilean pesos rose by at leas
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US: Initial Jobless Claims increased above estimates last week
Initial Jobless Claims rose by 222K vs. the previous week. Continuing Jobless Claims rose by nearly 1.8M. US citizens that applied for unemployment insurance benefits increased by 222K in the week ending May 11, according to the US Department of Labor (DoL) on Thursday. The prints came in a tad abov
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Eco-Friendly Paper Straw Adhesives
As the world becomes increasingly conscious of the detrimental impacts of single-use plastics, the demand for eco-friendly alternatives has skyrocketed. One such solution that has gained traction is the use of paper straws. However, the success of these sustainable straws depends heavily on the qual
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Fed's Kashkari: Housing remains an area I'm focused on
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari highlighted the Fed's need to watch the economy carefully to see if current policy rates are restrictive enough. Minneapolis Fed President Kashkari was participating at a fireside chat at the Williston Basin Petroleum Conference. Key
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European Shares Mostly Higher After GDP Data
European stocks were mostly higher on Wednesday as investors digested a slew of mixed earnings reports and looked ahead to the release of U.S. CPI report later in the day for directional cues. Meanwhile, the euro area economy recovered as estimated in the first quarter after contracting for two stra
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Pound edges lower as UK labor market cools
The British pound has posted slight losses on Tuesday. GBP/USD is down 0.08%, trading at 1.2548 in the European session at the time of writing. UK job growth slides The UK labor market continues to show cracks as job growth was sharply lower in today’s employment report. The economy shed 178,000 job
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US inflation key, with no clear path back to 2% for now
UK jobs report drives GBP lower. Anglo American falls as spin-off plans lessen the chance of a BHP takeover. US inflation key, with no clear path back to 2% for now. Equity markets within Europe look to be following the theme set within yesterday's US session, as risk assets continue to tread water
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The Duality of @THFX GROUP #2: Profits and Risk Management
𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @THFX GROUP Country: Vietnam 𝘽𝙧𝙤𝙠𝙚𝙧: #XM Vietnam# 𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩: @THFX GROUP #2 has swiftly risen on the FOLLOWME Signal Leaderboard, boasting an impressive score of 7.3 out of 10. What truly sets this account apart is not only its remarkable profit o
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