FX.co ★ Forex Humor. A look at the Forex market with Humor
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BofA flags policy pivot as US seeks operational control of Venezuela’s oil, raising debt concerns
Bank of America (BofA) detected a major shift in US foreign policy stance in light of Washington’s plans to take operational control of Venezuela’s oil reserves, estimated at 65 billion...
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India’s GDP grows 7.8% in April-June quarter, topping central bank forecast
Saurabh Garg, India’s statistics secretary, defended the government’s assessment that the economy expanded by 7.8% year‑on‑year in the April-June quarter, dismissing accusations that the figures were biased or artificially inflated...
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Spot gold hits lowest since Aug. 7 amid energy shock fears and stronger USD
Global gold prices fell to their lowest level in more than three weeks as a strengthening US dollar and a renewed escalation between Washington and Tehran raised the risk...
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Yardeni: mounting debt and interest costs arouse concern, but Fed and Treasury keep panic at bay
Thinktank Yardeni Research says it shares longer‑term worries voiced by experts about the scale of US sovereign debt but considers market panic premature, and the “hour of reckoning”...
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AI boom could lift global economy by up to 30%, Elon Musk predicts
Widespread adoption of artificial intelligence could lift the size of the global economy by 20–30%, adding roughly $20 trillion to $40 trillion a year to world output, Elon Musk told...
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Canada’s prime minister demands US stop public pressure and meme posts before talks resume
Canadian Prime Minister Mark Carney said the United States must cease its coercive public pressure and adopt a constructive approach before trade talks between Ottawa and Washington can resume. Canada...
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Canada’s GDP growth accelerates to 3.3% in Q2 despite US tariffs
Bloomberg reports that Canada’s GDP growth accelerated to an annualized 3.3% in the second quarter of 2026, marking a confident recovery from a year‑long downturn triggered by US tariff pressure...
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German inflation accelerates to 2.9% in August amid higher energy costs
Consumer inflation in Germany accelerated to 2.9% year-on-year in August 2026, up from 2.8% in July, Bloomberg reports. The reading was the highest since April, although slightly below analysts’ median...
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Kevin Warsh reverts to traditional Fed rhetoric at Jackson Hole symposium
Federal Reserve Chair Kevin Warsh used his debut address at the Jackson Hole economic symposium to recalibrate public communication, presenting a stance much closer to the Fed’s more traditional line...
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South Korean won tops strong performers versus dollar in August
The South Korean won showed the strongest gain against the US dollar in August: the Republic of Korea’s national currency strengthened by 3.41%, RIA Novosti reported, citing exchange-trade data. Israel’s...
