FX.co ★ Forex Humor. A look at the Forex market with Humor
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Wall Street runs out of cash for high-tech giants
High-tech giants are facing an unexpected issue: global investors may simply lack enough money to fund their grand plans for AI development. Meta Platforms Inc. acknowledged that aggressive fundraising...
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US PMI points to 5% GDP growth, but soaring inflation leaves consumers worse off
US business activity neared a five‑year high, but the economic upswing is coming at the cost of record inflation. According to preliminary estimates, the S&P Global data shows the composite...
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Central banks move gold out of US on geopolitical fears
Central banks around the world have entered emergency gold‑buying mode and begun actively moving reserves out of the United States. Goldman Sachs data showed that regulators purchased 79 tons...
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Rising costs for oil and AI hardware push Australia’s inflation higher
Australia’s inflation outlook is materially worse than the August forecasts, and upcoming third‑quarter data is likely to confirm the negative trend, Deputy Governor of the Reserve Bank of Australia Andrew...
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UK public debt tops £3 trillion for first time as inflation picks up
Britain’s total public debt has ticked over the symbolic £3 trillion mark, roughly $4 trillion, for the first time, Reuters reported, citing official data. The rapid rise in sovereign liabilities...
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UBS finds EU creditworthiness decent despite France’s potential downgrade
A potential deterioration of France’s sovereign credit rating is unlikely to jeopardize the European Union’s creditworthiness. Analysts at Swiss financial conglomerate UBS reached this conclusion in a special report...
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Elon Musk predicts end of traditional money as robots and AI advance
Traditional money and conventional financial transactions will lose practical significance in the future, and fundamental physical measures — power, energy, and mass — will become the true yardsticks of economic...
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Trump announces $8bn aid package for US farmers hit by diesel price surge
President Donald Trump announced an $8 billion direct aid package for US farmers affected by a sharp rise in diesel fuel costs. He unveiled the Harvest Fuel Relief federal program...
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Bitcoin seen as hedge as fiat currencies lose value and real yields stay depressed
The leading cryptocurrency does not need a Fed easing cycle or lower policy rates to sustain a long‑term uptrend. The primary fundamental driver enhancing the appeal of digital gold...
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Musk sees robots, AI as solution to US debt crisis
Elon Musk said the United States cannot tackle its record federal debt through conventional austerity alone and that a large‑scale rollout of artificial intelligence and robotics is the only viable...