U.S. goods trade deficit narrows amid signs the global flow of goods is improving
Shipping containers are stacked on a ship docked at Yusen Terminals on Terminal Island at the Port of Los Angeles in Los Angeles, January 30, 2019. Mike Blake | Reuters The United States’ trade deficit in goods fell sharply in...
Most swing-state voters support extending $600 weekly unemployment benefit, CNBC/Change Research poll finds
Reading Police Officer Bucklin helps to hand out boxes of MREs. At City Light Ministries on Spruce Street in Reading Saturday afternoon May 2, 2020 where a large group came out for the food distribution by One Luv during the...
Sterling Rises in Mixed Markets, Dollar Weak ahead of Fed
Sterling surges broadly in rather mixed markets today. Rebound in cross against Euro is seen as a major reason for the Pound’s strength. Australian Dollar is following as the second strongest for now, partly listed by cross buying against New...
Powell is expected to say the Fed will keep doing whatever it can while it considers its next move
Federal Reserve Chairman Jerome Powell speaks at his news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, January 29, 2020. Yuri Gripas | Reuters The Federal Reserve is expected...
GBP/USD Outlook: Bulls Approach Psychological 1.30 Barrier, Fed Eyed For Fresh Signals
Cable extends steep bull-leg into ninth consecutive day and cracks barriers at 1.2970/76 (weekly cloud top /11 Mar high) the last obstacles on the way to psychological 1.30 resistance. Fresh weakness of the dollar in expectations of dovish Fed, push...
Gold Advances Suppressed By All-Time High
Gold maintains a horizontal trajectory pressed below the all-time high of 1,981 but is still in a strong bullish mode in the long-term picture. A paused state of directional momentum is reflected in the Ichimoku lines as the price rests...
Tough Stimulus Talks Weigh On Markets, Dovish Fed Might Help
Dollar finds support from stalled stimulus talks amid splits in Congress Stocks struggle on poor earnings, stimulus delay; gold pauses rally Fed might bring some cheer if it reinforces dovish message Fiscal cliff worries mount as talks drag on Fears...
Dollar Soft Awaiting FOMC, Overall Movements Limited
Dollar remains generally weak today as recovery attempts faltered quickly. Though, selling remains centered against European majors and Yen. FOMC monetary policy decision is a focus today but it’s unlikely to give the greenback any sustainable support. Overall, major pairs...
Argentina is unsure it can pay its debt offer
The government of Argentina says it cannot increase the value of its repayment offer to the country’s creditors because “we are not 100% confident that we can afford [what we have already offered].” An unnamed government official tells Euromoney that...
Fintech unicorn TransferWise sees valuation climb to $5 billion
In this photo illustration, the TransferWise app is seen displayed on an Android smartphone with a vintage turntable in the background. Guillaume Payen | SOPA Images | LightRocket | Getty Images Fintech start-up TransferWise is now valued at $5 billion...
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