FX.co ★ Forex Humor. A look at the Forex market with Humor
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JPMorgan gives up predicting crude oil prices
JPMorgan Chase analysts have officially stopped publishing a base oil price forecast. The largest US bank admitted that economic models are inefficient for estimating the price per barrel because policymakers...
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Traders lose $15 billion in AI bets, but bankers to take regulator’s blow
The Federal Reserve and the Bank of England have launched a wide‑ranging review of risks at global credit institutions. The trigger was the huge losses of trading firm Jane Street...
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US pushes joint AI-safety framework as Trump-Xi talks near
US Treasury Secretary Scott Bessent has proposed a joint AI‑safety notification system with China. The idea floated in talks with Vice Premier He Lifeng now requires final sign‑off from Presidents...
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Panic before November, rally after: UBS maps midterm market cycle
US equity markets are braced for the customary autumn turbulence before the familiar year‑end surge. A new UBS report says midterm elections typically deliver nervous September and October trading, after...
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Offshore yuan hits 4-year high despite domestic credit slump
The offshore yuan strengthened to about 6.7 per dollar, marking its highest level in four years, as the People’s Bank of China has methodically raised the daily reference rate...
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Trump slams Fed rate hike, urges cuts to 1% while endorsing Warsh
US President Donald Trump criticized the Federal Reserve’s decision to raise interest rates to combat inflation, then later said he still had confidence in Fed Chair Kevin Warsh. In posts...
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Goldman Sachs: central banks to power gold rally despite Fed tightening
The Federal Reserve’s tightening will only slow, but not halt, the global gold rush. According to Goldman Sachs analysts, investors should not panic over the Fed’s rate hike in September...
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Trump threatens EU with heavy tariffs over Europe’s rapprochement with Canada
US President Donald Trump has threatened to partially halt trade with the European Union and impose hefty tariffs if EU authorities grant Canada the status of an associate member. Speaking...
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Macron demands government “full mobilization” to tackle gasoline problems
France’s President Emmanuel Macron has demanded that the government declare a full mobilization to prevent fuel shortages and stop gasoline prices from rising at service stations. After a cabinet meeting...
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Coinbase CEO says Bitcoin already at its bottom and calls wealth tax “unethical”
Brian Armstrong, CEO of cryptocurrency exchange Coinbase, believes Bitcoin has already passed the lowest point of the current downturn and will move into a confident uptrend over the next couple...
