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BofA: Corporates may need to hedge for more EUR/USD strength

BofA: Corporates may need to hedge for more EUR/USD strength

BofA highlights that corporate hedging behavior in G10 FX, particularly in EUR/USD, may shift meaningfully if the euro continues to strengthen. Corporates appear underhedged against EUR exposure, and further euro gains could prompt catch-up hedging, influencing spot markets. Key Points: Corporate flows dominate BofA’s proprietary FX flow data, but have been relatively light and directionless […]

Home Depot defies industry warnings by absorbing tariff costs without price increases

Home Depot defies industry warnings by absorbing tariff costs without price increases

 BNY Wealth CIO Sinead Colton Grant looks at the financial landscape of the economy on ‘The Claman Countdown.’ Home Depot said Tuesday that it doesn’t plan to raise prices because of tariffs, defying a broader trend in the retail industry.  “We intend to generally maintain pricing across our portfolio. We’ll continue to use the portfolio […]

Alleged Diddy Sex Worker Looks Worse for Wear in Latest Mug Shot

Alleged Diddy Sex Worker Looks Worse for Wear in Latest Mug Shot

Diddy Sex Worker Appears Banged-Up In Mug Shot After Killing Girlfriend Published May 20, 2025 8:46 AM PDT The alleged sex worker known as Ash Armand, who was allegedly involved in Diddy‘s “freak-offs,” looks a bit worse for wear in his latest prison mug shot after he was convicted of manslaughter in the murder of […]

3 FTSE 100 shares that could help propel the index higher

3 FTSE 100 shares that could help propel the index higher

Image source: Getty Images The FTSE 100 index of leading UK shares hit an all-time high earlier this year. It has fallen since then, but after a 14% gain from last month, now looks tantalizingly close to getting back to its former heights. Over time, I think it could move even higher. Here are three […]

European equity close: Strong gains as Spain hits another record

European equity close: Strong gains as Spain hits another record

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]