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Gold Holds as Markets Await Powell Speech! – Orbex Forex Trading Blog
Gold Holds as Markets Await Powell Speech! XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Amazon (AMZN) shares fall around 3% in a single day
As the chart shows, Amazon (AMZN) shares fell by roughly 3% yesterday after reports that the US Federal Trade Commission has launched a probe into the company over alleged “dark patterns”. According to the allegations, Amazon may have deliberately complicated the process of cancelling Prime subscriptions in order to retain customers. Should the charges be…
Bank of England Joins Central Bank Rate Cut Club – Action Forex
Summary The Bank of England (BoE) joined the growing group of G10 central banks that have eased monetary policy, by delivering an initial 25 bps policy rate cut to 5.00% at today’s monetary policy announcement. The guidance from the BoE’s announcement was also somewhat cautious, for now likely arguing against a steady series of rate…
AUD/JPY maintains position near 94.00, downside risks appear due to hawkish BoJ
AUD/JPY may weaken as the Japanese Yen finds support from the Bank of Japan’s hawkish policy outlook. The Australian Dollar declines after Thursday’s disappointing Private Capital Expenditure data. RBA Deputy Governor Andrew Hauser highlighted that Australia’s tight labor market remains a challenge for managing inflation. AUD/JPY holds gains after two consecutive sessions of losses, trading…
