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Australian Dollar Price Forecast: Bulls lack conviction for now
6+ min ago (1284+ words) AUD/USD looks to have run into fairly firm resistance around 0.7050, pausing after a strong three-week rally. The pair is taking a breather rather than rolling over, and any pullbacks so far look more like consolidation than a change in…...
CPI overhaul will result in contemporary inflation numbers
13+ min ago (331+ words) The new series will collect price data not just from brick-and-mortar shops, but also online platforms There has been criticism that the official CPI (Consumer Price Index) inflation readings are divorced from reality One key reason for this is the…...
Layoff Announcements Surge to Highest Since October, Challenger Report Shows
20+ min ago (55+ words) Last month's job cut announcements in the US soared to the highest since October, driven by layoffs Oops, something went wrong Prediction markets are now on Yahoo Finance Layoff Announcements Surge to Highest Since October, Challenger Report Shows Last month's…...
Bank of England holds interest rates but future cuts ‘likely’
24+ min ago (953+ words) The Bank of England has said future interest rate cuts are "likely" amid a slowdown in inflation, despite policymakers voting to hold rates at 3.75% on Thursday. Interest rates held at 3.75% as Bank cuts UK growth outlook Disappointment for home owners…...
January layoffs highest since Great Recession: analyst
28+ min ago (220+ words) Layoffs hit their highest total last month since the Great Recession nearly two decades ago, according to a new analysis, and employers don't look to be adding jobs soon. U.S. employers announced 108,435 layoffs for January, up 118 percent from the same period…...
A year in which the major central banks part ways
48+ min ago (738+ words) LONDON, Feb 5 (Reuters) - Central banks in big economies are parting ways, with Australia this week raising interest rates for the first time in two years, while others are taking a more cautious approach even if they are likely done with…...
Alphabet and discouraging data on the US job market drag Wall Street lower
51+ min ago (706+ words) Man who tried to shoot Trump at a Florida golf course gets life in prison USPS worker accused of stealing, cashing rent money orders from South Miami apartment tenants South Miami police release video of USPS worker accused of stealing…...
EUR/USD steady as ECB decision aligns with forecasts, US data mixed
1+ hour, 3+ min ago (403+ words) EUR/USD trades around 1.1800 on Thursday at the time of writing, virtually unchanged on the day, as investors digest the European Central Bank's (ECB) decision and a series of mixed economic releases from the United States (US). At the same…...
World's Largest Jeweler Shifts Away From Soaring Silver
1+ hour, 6+ min ago (398+ words) Silver has gotten so costly that the world's biggest jewelry seller is turning to a metal usually considered more upscale: platinum. Pandora, which uses more than 300 tons... World's Largest Jeweler Shifts Away From Soaring Silver Silver has gotten so costly…...
Bank of Russia sets official dollar rate at 76.55 rubles for February 6
1+ hour, 7+ min ago (117+ words) The official euro rate was lowered by 82.57 kopecks to 90.2881 rubles - Russian Politics & Diplomacy Russian Politics & DiplomacyInto section "- Business & Economy Business & EconomyInto section " - Military & Defense Military & DefenseInto section " - Science & Space Science & SpaceInto section " - Society & Culture Society & CultureInto section " Bank of Russia…...