Neel Kashkari, Minneapolis Federal Reserve Brendan McDermid | Reuters If you’re debating whether or not the U.S. is in a recession, you’re asking the wrong question, according to a top Federal Reserve official. “Whether we are technically in a recession or not doesn’t change my analysis,” Neel Kashkari, president of the Federal Reserve Bank of
Executing live trades without human control is gaining popularity in the Forex retail market. Learn how and why a many of these systems work.
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In this video, I share a simple strategy to SHORT CADJPY dominance on pullback. #cadjpy #cadjpyforecast #forextrading Please Like, Share, Subscribe👍
What you need to take care of on Friday, July 29: Thursday was another volatile day, with financial markets struggling for direction. The dollar remained under pressure during Asian trading hours, resurged during the European session and came again under pressure in the American afternoon. The greenback’s intraday advance could be attributed to renewed recession-related
Yen rises strongly today, and buying intensifies in early US session, after surprisingly poor US GDP data. Benchmark treasury yield in both the US and Germany tumble sharply, aiding Yen’s advance. Swiss Franc is also strong For now, Euro is the worst performer for today, as selling started earlier in European session already, while Sterling
The strongest to weakest of the major currencies The JPY is the strongest and the EUR is the weakest as the NA session begins and the day after the FOMC rate hike of 75 basis points where Chair Powell’s comments on rate dependency were met with positive ears from the market given the back off
When I think about today’s GDP report, the implications are probably larger in politics than in markets. It could mean a second consecutive quarter of negative real growth in the US, which fits the definition of a recession. At the same time, the NBER — who is for some reason the arbiter of recessions in
In this article CMCSA NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast reported second-quarter revenue and earnings that topped analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever. Comcast’s high-speed internet customers in the quarter were flat,
NEW DELHI: Gold prices extended their gains on Thursday as comments from the US Federal Reserve chair Jerome Powell on future interest rate hikes sounded less hawkish than feared, dragging dollar and treasury yields lower. The US central bank on Wednesday raised rates by three-quarters of a percentage point for the second straight meeting to
Everyone who cares knows that recessions happen when there are two consecutive quarters of negative growth — everyone, that is, except for the people who actually decide when the economy is in recession. For those folks, at the National Bureau of Economic Research, the definition of recession is much squishier. Officially, the NBER defines recession
Why you should Trust your forex trading system Those who are new to Forex trading face the problem of trusting themselves, and mostly trusting the system they are using. They go through this problem due to lack of experience and lack of testing. Most of the beginners think that testing different systems is just a
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EUR/USD recovers from below parity and eyes key events. The Fed and German inflation data are important for the week ahead. EUR/USD bulls have moved in from below parity in a correction of three prior weeks of supply. The single currency ended down 0.13% on the final day of last week, falling from a high of
Dollar ended as the worst performing one last week. Selloff somewhat intensified on Friday after poor PMIs indicated that the US economy was already in contraction. Deep fall in benchmark treasury yields dragged down the greenback while traders were betting on a lower terminal rate in Fed’s tightening cycle. Canadian Dollar was the second weakest,
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Pat Duffy, co-founder of The Giving Block — a crypto donation solution that provides an ecosystem for nonprofits and
> Technical Analysis > Bitcoin technical anlalysis & managing a profitable bitcoin short trade Technical Analysis Bitcoin Technical Analysis A quick look at what BTCUSD is doing and following up on a trade idea previously presented for shorting BTCUSD (for short to medium term traders) ForexLive Saturday, 23/07/2022 | 16:28 GMT-0 23/07/2022 | 16:28 GMT-0