Latest forex news and market analysis
BNY Mellon analysts view Hungary positively within EMEA, anticipating further central bank easing and potential for Forint carry trades.
Mexico's Q2 GDP growth came in slightly below forecasts, indicating a moderate expansion in the nation's economic activity.
Mexico's consumer price index for the first half of August showed a modest increase to 0.1%, up from 0.07% in late July.
US stock futures edged lower on Monday, influenced by US Treasury buyback plans and ongoing Middle East geopolitical tensions.
USD/JPY movements have remained within a defined range, with analysts noting a lack of fresh market-moving information.
European stock markets are experiencing renewed interest, potentially signaling a shift in global investment flows and market dynamics.
Norway's twelve-month credit growth for the mainland economy saw a minor reduction in July, signaling a potential shift.
Hungary's central bank is anticipated to further ease its monetary policy this week, with a 25 basis point rate cut widely expected.
The Indonesian Rupiah saw a decline against the US Dollar, trading near 17,740, despite Indonesia's elevated interest rates.
Significant currency option expiries at the New York cut on August 24th could influence spot price movements in major pairs.
Today's market activity may be influenced by US Treasury Secretary's announcement of new Iran sanctions, with eyes on Fed Chair's speech Fri
The Indian Rupee (INR) demonstrated resilience against the US Dollar (USD) at the start of the week, supported by ongoing foreign investment
The EUR/USD pair is undergoing a period of consolidation after reaching multi-week highs, with market participants assessing recent gains.
The US Dollar Index (DXY) eased below the 99.00 level early Monday, influenced by ongoing discussions surrounding US fiscal policy.
The Japanese Yen advanced against the US Dollar as hotter-than-expected inflation data fueled expectations of a Bank of Japan policy shift.
China's central bank established the daily yuan reference rate and conducted significant liquidity injections into the financial system.
The New Zealand Dollar depreciated against the US Dollar early Monday following the release of weaker-than-expected retail sales figures.
Iran's Deputy Foreign Minister stated that new US economic sanctions, anticipated to target its financial sector, would be unsuccessful.
New Zealand's retail sales for the second quarter of 2026 showed an unexpected contraction, surprising market observers.
New Zealand's retail sales volume decreased by 0.5% in the second quarter of 2026, missing expectations and following a rise in Q1.
New Zealand's retail sales, excluding vehicle purchases, saw a moderation in growth during the second quarter of 2023.
New Zealand's upcoming retail sales figures for Q2 are expected to reveal a significant deceleration compared to the previous quarter.
Negotiations between the US and Canada concluded without agreement, leading to the implementation of new cross-border tariffs.
ATRenew (RERE) announced robust quarterly earnings, surpassing both prior-year and previous-quarter sales figures.