British Pound is making broad recoveries following stronger than anticipated retail sales, although signs of a durable rebound remain elusive. Concurrently, Japanese Yen displayed general weakness. Despite solid inflation data from Japan, the figures were not robust enough to force a policy shift from BoJ. Australian and New Zealand Dollars trailed as the next weakest,
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The U.S. Federal Reserve Building in Washington, D.C. Win Mcnamee | Reuters The Federal Reserve launched its FedNow instant-payments service Thursday, following several years of developing a system officials say will allow the faster flow of cash for businesses and individuals. Whether it’s providing instant access to paychecks, allowing for last-minute bill payments or sending
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OpenAI announced the beta launch of “custom instructions” for ChatGPT on July 20. The much-requested feature will allow users to create a preface for their prompts featuring instructions for the artificial intelligence (AI) chatbot to consider before responding to queries.  According to a company blog post, the feature works across prompts and sessions and includes
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Today’s trading has been notably subdued after Asian session, characterized by limited news flow from Europe, and just US jobless claims and Philadelphia Fed survey in early US session. Sterling weakness continues to be a dominant theme for the week, experiencing a fresh round of selling as US session opens. Concurrently, slight softening is evident
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Share: GBP/JPY trades with losses at the 180.20 area, recording a fourth consecutive day of losses. Exports in Japan expanded at a slower pace than expected in June. Dovish bets on the BoE limit the GBP’s advance. The GBP/JPY retreated below 181.0 on Thursday as markets stay cautious ahead of Japanese inflation figures and the respective
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In this article JNJ Follow your favorite stocksCREATE FREE ACCOUNT Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Kenvue reported second-quarter revenue and adjusted earnings that topped expectations Thursday in the consumer health company‘s first quarterly report since it spun out from Johnson & Johnson two
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Australian Dollar is making a notable rebound today, largely supported by strong employment data, rebound in Copper price, and a resurgence in Chinese Yuan. In tandem, New Zealand Dollar is closely trailing the second strongest performer. British Pound languishes as the worst performer, still feeling the drag from yesterday’s lower-than-expected UK CPI Data. Dollar and
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