RBA Official Signals Intentional Economic Slowdown
A Reserve Bank of Australia official indicated the central bank is deliberately pursuing slower economic and housing growth.
Latest forex news and market analysis
A Reserve Bank of Australia official indicated the central bank is deliberately pursuing slower economic and housing growth.
South Korean and Japanese equity markets showed varied performance today, with the Kospi climbing while the Nikkei demonstrated resilience.
Iran's security chief indicated the nation could establish a maritime exclusion zone in the Persian Gulf, citing US 'economic warfare.'
The Australian Dollar maintained its position against the US Dollar on Tuesday, trading near 0.7210 following new trade data from China.
China's trade surplus widened in August, reaching $119.09 billion, closely aligning with market expectations and surpassing July's figures.
China recorded a higher-than-expected trade surplus in August, as exports maintained strong growth while imports grew less than anticipated.
China's trade surplus for August registered $119.09 billion, marginally below the anticipated $119.1 billion, with exports contracting more
China's central bank established the daily yuan reference rate against the US dollar while conducting open market operations to manage liqui
Japan's Gross Domestic Product Deflator, a key inflation gauge, registered a 2.6% annual increase in the second quarter, aligning with econo
Japan's economy grew more than anticipated in the second quarter, driven by domestic demand, though the yen's response was subdued.
Japan's current account surplus for July reached ¥2,988 billion, surpassing analyst expectations and indicating strong external sector perfo
Japanese average cash earnings for July 2026 rose 4.7% year-over-year, surpassing forecasts and marking a significant increase.
South Korea's economic growth for the second quarter of 2026 was finalized at 0.6% quarter-on-quarter, aligning with initial estimates.
GBP/USD remained stable below 1.3550 following a subdued Monday, with market attention now shifting to upcoming economic releases.
The US Dollar began the week lower, influenced by Asian economic data and shifting expectations regarding the Federal Reserve's policy path.
The Euro maintained its strength against the US Dollar, trading above 1.1600, following an upward revision of Eurozone Q2 growth figures.
ABN AMRO economists anticipate the Eurozone will maintain economic growth despite energy shocks, supported by fiscal measures and strong act
West Texas Intermediate crude oil futures faced downward pressure, trading near $89.50 despite ongoing global supply risks.
The Eurozone's second-quarter Gross Domestic Product growth surpassed predictions, registering an annual increase of 1.2%.
Eurozone employment expanded by 0.5% year-over-year in the second quarter, aligning with market expectations and prior figures.
Asian equities displayed varied movements on Monday, with a notable positive tilt influenced by optimism surrounding artificial intelligence
This week's economic calendar highlights Swedish inflation figures and key Eurozone wage growth data, offering insights into monetary policy
Asian equities experienced varied performance, with minimal market reaction to recent US-Iran tensions and notable currency market developme
A notable FX option expiry for USD/JPY at 155.75 is highlighted for September 7, potentially influencing short-term price action.