Category: foreign exchange

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As BRICS expands, what is the Federal Reserve looking at in terms of rates at 8:12 am EST, 24 August 2023.

At issue currently is the division among current members as to how fast the coalition should grow. In addition, there is also the issue of having an infrastructure in place that can support the movement of financial capital in a bloc made up of 40% of the world’s population. Continue reading As BRICS expands, what is the Federal Reserve looking at in terms of rates at 8:12 am EST, 24 August 2023.

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Rates seen by the Federal Reserve System on 17 August 2023, 11:50 pm EST.

Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 USD/CAD=1.3437 Treasuries. 30-year=4.38% 10-year=4.28% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice … Continue reading Rates seen by the Federal Reserve System on 17 August 2023, 11:50 pm EST.

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Just a thought: The State’s ability to expand depends on markets.

Markets are tied to the concept of freedom, particularly the freedom to enter into negotiations and agree on the price of exchange. But I see markets as more than just a mechanism for moving goods and services. Markets, for political economy purposes, serve as nodes the State uses to extract energy in the form of taxes for the government. Continue reading Just a thought: The State’s ability to expand depends on markets.

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PRESS RELEASE

The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Second Quarter August 10, 2023 NEW YORK—The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the April – June 2023 quarter, the Federal Reserve Bank of New York said today in its quarterly report to the … Continue reading PRESS RELEASE

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The Board of Governors-Federal Reserve System continues to see uptick in 30-year, 10-year bonds.

Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 USD/CAD=1.3437 Treasuries. 30-year=4.32% 10-year=4.21% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Source: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. (Are you up to a trader’s challenge? Click the link. https://traderswithedge.com/?r=348 ) Disclaimer: The data and … Continue reading The Board of Governors-Federal Reserve System continues to see uptick in 30-year, 10-year bonds.

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Federal Reserve sees 30-year and 10-year rates continue to inch up. 15 August 2023, 9:51 pm EST

Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 USD/CAD=1.3437 Treasuries. 30-year=4.29% 10-year=4.19% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. Disclaimer: The data and output from this blog post does not constitute investment or legal advice … Continue reading Federal Reserve sees 30-year and 10-year rates continue to inch up. 15 August 2023, 9:51 pm EST

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What foreign exchange, Treasuries, and reference rates is the Federal Reserve looking at on 15 August 2023, 12:16 am EST

Foreign exchange. EUR/USD=1.0957 GBP/USD=1.2694 AUD/USD=0.6493 NZD/USD=0.5983 USD/CHF=0.8765 USD/JPY=144.9400 Treasuries. 30-year=4.27% 10-year=4.16% Reference rates. Discount window=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Sources: Board of Governors-Federal Reserve System. Federal Reserve Bank of New York. (Ready for another challenging trade? https://traderswithedge.com/?r=348 ) Disclaimer: The data and output from this blog post does … Continue reading What foreign exchange, Treasuries, and reference rates is the Federal Reserve looking at on 15 August 2023, 12:16 am EST

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Traders With Edge listed among top proprietary trading platforms for August 2023.

Proprietary trading refers to a financial firm or commercial bank that invests for direct market gain rather than earning commission dollars by trading on behalf of clients. Also known as “prop trading,” this type of trading activity occurs when a financial firm chooses to profit from market activities rather than thin-margin commissions obtained through client trading activity. Proprietary trading may involve the trading of stocks, bonds, commodities, currencies, or other instruments. Continue reading Traders With Edge listed among top proprietary trading platforms for August 2023.