Latest forex news and market analysis
The GBP/USD pair saw a slight rebound in Asian trading, breaking a five-day decline as markets await new UK economic data.
The Canadian dollar edged up against a weaker US dollar, though market participants showed caution amidst conflicting economic indicators.
The Euro advanced against the US Dollar on Friday, recovering from earlier losses as the greenback softened despite rising Middle East tensi
China's central bank established the yuan's daily reference rate at 6.7939 against the US dollar, exceeding analyst forecasts.
Japan's Finance Minister Katayama reiterated readiness for decisive foreign exchange action, citing alignment with US Treasury views on yen
US military operations against Iranian-backed groups in the Middle East have entered their second week, aiming to curb regional threats.
Japan's headline inflation reached 1.7% year-over-year in June 2026, while the core-core measure saw its slowest increase since August 2022.
Japan's National Consumer Price Index (CPI) increased by 1.7% year-over-year in June, while the core measure aligned with market expectation
United Overseas Bank analysts anticipate the USD/SGD currency pair will exhibit limited directional movement in the short term.
Upcoming Japanese inflation figures are anticipated, following earlier Tokyo data that suggested broadening price pressures beyond energy.
Canadian Prime Minister Mark Carney indicated Canada seeks a comprehensive trade agreement with the US, rather than a limited deal.
A significant EU fine against Google for Digital Markets Act violations intensifies trade tensions with the United States.
The US Senate voted against a measure aimed at limiting the President's military actions concerning Iran, as Middle East tensions persist.
The average 30-year fixed mortgage rate in the US has risen to its highest point since August 2025, impacting housing affordability.
Manufacturing activity in the Tenth District, encompassing states like Kansas and Oklahoma, saw a modest slowdown in July.
Upcoming adjustments to the US Personal Consumption Expenditures (PCE) Price Index methodology are anticipated to be minor, according to TD
Canadian Prime Minister Mark Carney stated Canada is ready to protect its economic interests amid escalating trade tensions with the United
XRP experienced a downturn even as Ripple announced its agentic AI transactions surpassed one million, indicating a potential disconnect.
Major US stock indices indicated significant premarket losses, influenced by corporate earnings reports and ongoing geopolitical development
Canada's retail sales for May increased by 1.0%, aligning with forecasts, while preliminary data indicates continued expansion in June.
Mexican consumer prices for the first half of July rose by 0.07%, a slower pace than economists had anticipated.
The Euro shows signs of stabilization before the European Central Bank's policy meeting, supported by increased spot demand and hedge unwind
US stock index futures indicate a subdued opening, following late-session selling yesterday and mixed results from major tech firms.
The Swiss Franc weakened against the US Dollar for a fourth consecutive day as geopolitical tensions bolstered demand for the greenback.