United States Continuing Jobless Claims came in at 1.875M, above forecasts (1.87M) in July 26
United States Continuing Jobless Claims came in at 1.875M, above forecasts (1.87M) in July 26
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US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing’s military By Reuters – Forex Trader Hub
By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) – The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings (OTC:) and battery maker CATL to a list of companies it says work with China’s military, in a move set to escalate U.S.-China tensions. The Hong Kong-listed shares…
Bolsonaro supports eldest son’s presidential run next year
Bolsonaro supports eldest son’s presidential run next year Source link
Mexican Peso surges as traders eye next week’s inflation data
Mexican Peso recovers as China’s 5% GDP growth for 2024 boosts global sentiment. EU-Mexico trade agreement revival pre-Trump inauguration boosts Peso optimism. IMF and World Bank predict modest Mexican growth in 2025, cite domestic and US political risks. The Mexican Peso (MXN) stages a recovery after weakening to a new yearly low of 20.93 and…
Keir Starmer vows to stop people-smuggling gangs with tactics used to jail rioters
Keir Starmer has pledged to break up people-smuggling gangs in the same manner used to apprehend and jail hundreds of rioters this summer. After a meeting with law enforcement agencies and cabinet ministers to discuss plans to stop small boats crossing the Channel on Friday, the prime minister said that the “high-level summit” mirrored the…
EUR/USD Faces Channel Resistance Amid Consolidation – Forex Market Analysis – ForexCycle.com
The EUR/USD currency pair is currently encountering a significant resistance level within a falling price channel on the 4-hour chart. As traders observe market movements, it’s essential to note that as long as this channel resistance remains intact, the recent bounce from the 1.0496 level may simply be viewed as a consolidation phase within the…
How Resource Discoveries Affect Currency Value? – Edge-Forex
Currency value is one of the most watched indicators in global markets. When new oil fields or mineral deposits are discovered, the direct effect is often visible on exchange rates. Traders, investors, and policymakers all monitor such changes because they reflect shifts in economic power. Understanding how resource discoveries affect currency value can help explain…
