Category: Americas
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Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report
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Markets: Gold falls $19 to $2,501 West Texas Intermediate crude oil fell $2.47 to $73.44 a barrel. US 10-year Treasury yields rise 4.3 basis points to 3.81% S&P 500 rises 0.6% The US dollar advances, the yen lags. It was hard to relate fundamentals to market movements today, as is…
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Forexlive Americas FX news wrap: US dollar strengthens despite slightly cooler PCE report
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Markets: Gold falls $19 to $2,501 West Texas Intermediate crude oil fell $2.47 to $73.44 a barrel. US 10-year Treasury yields rise 4.3 basis points to 3.81% S&P 500 rises 0.6% The US dollar advances, the yen lags. It was hard to relate fundamentals to market movements today, as is…
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Forexlive Americas FX news wrap: US second quarter GDP gets an upgrade but USD gains fade
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap: US dollar rebounds, Daly highlights Fed put
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap: USD falls as Powell pleges “everything we can” for jobs
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap: Non-farm payrolls revisions cut 818,000 jobs
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Markets: Gold falls $2 to $2511 The yield on the 10-year US Treasury note fell 2 basis points to 3.79%. West Texas Intermediate crude fell $1.26 to $71.92. S&P 500 rises 0.4% Sterling advances, dollar lags The weaker dollar was the main theme again, this time with some support as…
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Forexlive Americas FX news wrap: Canadian CPI falls to 40-month low
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Duty Free Americas petitions court on IAA tenders
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Duty Free Americas, which operates the largest duty-free chain in the United States, is trying to make a deeper push into the Israeli market. In May, the company, owned by the Falic family, which is close to Prime Minister Benjamin Netanyahu, submitted a bid to operate duty-free stores at the…
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Forexlive Americas FX news wrap: Gold hits an all time high above $2500
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap 12 Aug: Geopolitics has the markets on edge.
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Monday saw the New Zealand dollar perform strongly among major currencies, while the Japanese yen was the weakest. The US dollar ends the day with mixed results, with gains against the Japanese yen and the Canadian dollar, and declines against the Australian and New Zealand dollars. The greenback was little…
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Forexlive Americas FX news wrap 9 Aug: A dull Friday ends a volatile week
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It seems like a lifetime ago, but on Monday, markets looked like they were on the brink of a catastrophe. Japan’s Nikkei 225 fell 12.4% on Monday, and analysts were trying to figure out where to place the circuit breakers. There was talk that the Federal Reserve would hold an…
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Forexlive Americas FX news wrap 2 Aug: Bond market cuts rate for Fed after weak jobs data
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After some amazing earnings/revenue numbers from Amazon after the shutdown (revenue declines and slower consumer concerns), and a day of bad news yesterday, markets got another dose of “weakness” today in the US jobs report. The US nonfarm payrolls report for July 2024 showed a gain of just 114,000 jobs,…
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Forexlive Americas FX news wrap: US dollar starts out strong and then gives some back
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive Americas FX news wrap 26 Jul: Rebound day. AUD higher. CHF lower. Stocks rise
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Over most of the week, fund flows pushed the Japanese yen and Swiss franc higher amid safe-haven flows. The Australian dollar (and the New Zealand dollar) fell as risk-off sentiment took hold on the back of a slowdown in China and lower commodity and stock prices. Today saw a reflection…
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Forexlive Americas FX news wrap: Something of a ‘sell everything’ day
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Markets: US Dollar Advances, NZD Lags West Texas Intermediate crude oil fell $2.53 to $80.29 a barrel. US 10-year Treasury yields rise 5.3 basis points to 4.24% Gold falls $46 to $2,399 S&P 500 down 0.7% There’s nowhere to hide today as stocks, bonds, commodities and precious metals all plunge.…
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America’s worst bridges are getting a major modern makeover
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Dozens of aging bridges in 16 states are set to be replaced or improved with the help of $5 billion in federal grants announced Wednesday by President Joe Biden’s administration, the latest recipients of a massive infrastructure bill. The projects range from coast to coast, with the largest providing an…
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Forexlive Americas FX news wrap 12 Jul: PPI not as friendly as the CPI
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Yesterday, the US CPI was a good number, coming in below expectations. Today, the PPI data was the exact opposite. Not only were the headline numbers for the month higher, but the previous months were also revised higher. The US dollar and yields initially rose after the report, but memories…
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Forexlive Americas FX news wrap 9 Jul: Powell’s testimony keeps easing door open for Sept.
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Federal Reserve Chairman Powell testified before the U.S. Senate today on Capitol Hill in the first of two testimony before U.S. lawmakers. The Fed chairman will speak before the House of Representatives tomorrow. During his testimony today, the Fed chairman explicitly said he would not talk about changing the interest…
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Forexlive Americas FX news wrap 5 Jul: NFP for June sent the USD lower/yields tumbling
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The U.S. jobs report showed nonfarm payrolls rose by 206,000 jobs, beating expectations and up from 190,000 previously estimated. However, the details of the report were less than impressive. The revision for the previous two months was -111K. This more than offsets the above-expected growth this month. The unemployment rate…
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Forexlive Americas FX news wrap: Benign PCE report collides with tumultuous politics
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Markets: Gold falls $3 to $2,342 US 10-year bond yields rose 9.8 basis points to 4.39% West Texas Intermediate crude fell 19 cents to $80.64. S&P 500 index falls 0.4% Australian Dollar Advances, Yen Lags Friday was the last day of the quarter, and this made drawing conclusions difficult. It…