Forex News – Rayrice Forex News

Gold to stay below $1,800 – eyes on US FOMC meeting minutes – FX Leaders

Gold pared recent losses to $1,780 on Tuesday morning as sellers stepped up activity in Europe. However, market concerns about economic prospects in the United States, Europe and China appear to be keeping commodity buyers optimistic. Soft US and Chinese data releases and low Treasury prices reflect economic concerns, not to mention the Sino-American conflict. … Read more

Small economies get foreign currency to buy imported products – Stabroek News

Dear editor Small economies need income from tourists, exports, and other foreign exchange to purchase imported goods, while individuals seek salaried jobs to purchase household goods. In a subsistence economy, each family or group must rely on its own resources to protect itself; The quality of life is poor. Families whose members find employment that … Read more

Forex Signals Brief for August 10: Will We See a Slowdown in US Inflation?

Yesterday’s shopping package Yesterday was one of those summer days, liquidity is thin and volatility is very low. It was a quiet day overall, with the economic calendar fairly light, except for preliminary unit labor costs for Q2, which were very high. We’ve seen some bearish action on crude oil as uncertainty surrounding Iran’s exports … Read more

As the shilling depreciates, Kenya’s foreign exchange reserves are low News Ghana

Forex Kenya’s foreign exchange reserves fell to record lows this week, leaving the shilling at its lowest level against major global currencies, the central bank said in its weekly financial market report on Friday evening. Apex Bank stated that the reserves recorded a low of 7.72 billion dollars from last week’s 7.74 billion dollars. The … Read more

Asia posted steepest 6-month decline in FX stocks since 2015-2016.

Singapore, Aug 1, 2010 (FBC) – Asia’s foreign exchange reserves posted their biggest six-month decline in years, signaling policymakers’ determination to protect currencies from persistent downward pressure from a stronger US dollar. In the first half of 2022, total reserves fell by $372 billion, or 6.2 percent. In the six months to January 2016, it … Read more

Rising gold, US FOMC and weak GDP at Play – FX leaders

Gold prices (XAU/USD) are struggling to extend their two-day gains as buyers and sellers battled a three-week high in Friday’s Asian session. However, the precious metal recently fell below $1,754 as the US dollar tracks yields, leaving them bearish ahead of key inflation data. The US Dollar Index (DXY) is at its lowest level since … Read more

Forex Signals Briefing July 26: Everything is booked as the Fed meeting approaches.

Last week’s shopping package After the volatility we saw last week, with the ECB raising interest rates by 0.50% and the retreat of the US dollar eliminating the possibility of a 100 bps rate hike by the FED, markets turned their attention to the FOMC meeting this Wednesday. Everything was quiet yesterday with traders undecided … Read more

The Hollywood Reporter and FX’s ‘What We Do in the Shadows’ Comic-Con Bash

Vampires hit San Diego Comic-Con like stars on Friday night. What we do in the shadows The FX show celebrated its fourth season. The party, co-organized. The Hollywood Reporter and FX, which turned the Gaslamp Quarter restaurant Mezze into a vampire nightclub, coming on the heels of the critically-acclaimed series that landed seven Emmy nominations, … Read more

FOREX-Euro near 2-week high, awaits ECB and Nordstream clarity.

(Updates throughout, changes online, dateline) By Sujata Rao London, July 20, 2010: The euro, which has hit a two-week high against the dollar, is expected to raise higher ECB interest rates this week than previously expected. Maintenance. Both events – the European Central Bank (ECB) meeting and the reopening of the Nord Stream 1 corridor … Read more