FX.co ★ Forex Humor. A look at the Forex market with Humor
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Fed holds interest rates steady despite six years of elevated inflation
The Federal Reserve left its policy rate unchanged at 3.75%–4.00% following the October 27–28 FOMC meeting. That decision matched market expectations after September’s 25‑basis‑point rate hike, the first increase since...
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Netanyahu proposes using cryptocurrencies to skirt potential international sanctions
Israeli Prime Minister Benjamin Netanyahu proposed using digital currencies and blockchain to shield the national economy from potential international restrictions. In an interview with Channel 10, the prime minister said...
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JPMorgan predicts temporary pullback in gold prices due to Fed rate hikes
Global gold prices risk coming under pressure and moving lower in the near term as the Federal Reserve is poised to tighten its monetary policy, according to Yuxuan Tang, Head...
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Oracle scales Nvidia partnership to multi‑gigawatt build‑out while buying chips from rivals
Oracle has announced a major expansion of its strategic partnership with Nvidia to deploy next‑generation AI cloud infrastructure. Reuters reports the companies agreed to scale Oracle Cloud Infrastructure’s (OCI) supercluster...
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Oil rises to $115.68 after Houthi strike on major Saudi refinery
Global oil prices jumped on October 28 as renewed fears of a widening and protracted Middle East conflict roiled markets. The immediate trigger was a Houthi claim of a ballistic‑missile...
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Analysts warn high global inflation may persist through 2027
High inflation in most leading world economies is likely to persist through 2027 amid sustained energy price increases and prolonged geopolitical conflicts, according to the results of an October survey...
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Analysts warn of financial‑crisis risk from AI bubble
Washington think tank Open Markets Institute released a report, “Brace For Impact”, on a burning AI topic. In snippets of the report published by Futurism, authors say that the rapid...
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Visa earnings beat estimates as consumer spending remains robust
Visa Inc., the world’s largest payments network, reported fourth‑quarter results that beat Wall Street consensus as consumers around the globe continued to swipe for travel, everyday purchases, and restaurant bills...
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EU warns of tough winter for citizens
Around 50 million Europeans will face serious difficulty paying utility bills this winter and could be forced into a painful choice between heating their homes and buying food, European Commissioner...
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EU prepares curbs on Chinese machinery and chemicals
The European Union is preparing sweeping protectionist measures to curb a flood of Chinese goods in the chemicals, furniture, and machinery sectors, Bloomberg reports. The move, modeled in part...
