Latest forex news and market analysis
Former President Trump indicated a potential US claim over the Strait of Hormuz, threatening severe responses to Iranian aggression and econ
The South Korean Won is experiencing support from foreign investment in local equities and consistent demand from domestic exporters.
Net short positions on the Japanese Yen held by non-commercial traders decreased marginally, indicating a slight shift in market sentiment.
The EURUSD experienced a notable rally during recent trading sessions but encountered significant technical resistance, leading to a reversa
SNC Scandic Pay has introduced a new platform designed for international transactions, offering broad accessibility and diverse currency sup
The South Korean Won is testing a significant trendline around 1407 against the US Dollar after a recent correction.
The USD/CNH currency pair continues to trade within a narrow band, with analysts noting persistent flat momentum indicators.
Chicago Fed President Goolsbee commented on the US economy, noting stable GDP and labor markets but expressing caution regarding recent prod
The British Pound advanced against the US Dollar, reaching a three-month peak following US economic data releases that suggested a potential
Colombian retail sales saw a significant year-over-year increase in June, surpassing analyst expectations and indicating robust consumer act
The GBP/USD currency pair has climbed to its highest point since May, breaching significant technical resistance markers.
The Euro advanced against the US Dollar on Friday, recovering earlier weekly declines as market sentiment shifted regarding future Federal R
US business inventories showed no change in June, missing expectations, while overall sales experienced a notable monthly decrease.
Canadian manufacturing sales recorded a modest 0.1% increase in June, outperforming expectations and marking the fifth consecutive monthly r
Switzerland's robust Q2 GDP growth and economic resilience are being weighed against the euro's recent upward trend versus the franc.
Norway's central bank maintained its key policy rate at 4.25%, indicating a possibility of further hikes if inflation persists above target.
The Swiss Franc sees a modest recovery against the US Dollar as market expectations for a September Fed rate hike diminish, with key US reta
A recent US jobs report indicated an unexpected decline in employment, suggesting a cooling economy and potentially alleviating inflation pr
The British Pound gained against the US Dollar on Friday as market participants adjusted their outlook on future Federal Reserve interest ra
The Eurozone's second-quarter GDP growth was confirmed at 0.4%, with the first-quarter figure revised down to 0.0% from an initial 0.1%.
The Eurozone recorded a substantial non-seasonally adjusted trade surplus of €8.6 billion in June, exceeding market expectations.
The Eurozone's seasonally adjusted trade balance shifted from a deficit to a surplus in June, reaching €1.8 billion.
Eurozone employment saw a modest 0.1% increase quarter-on-quarter in Q2 2023, aligning with economists' predictions.
The Eurozone's year-over-year employment growth remained at 0.5% in the second quarter, matching the previous period's rate.