Latest forex news and market analysis
Economists anticipate the Bank of Thailand will likely keep its key interest rate at 1.00% during its upcoming August meeting.
The Japanese Yen showed little movement against the US Dollar, as robust US economic data tempered expectations of imminent monetary policy
Economists anticipate a slight decline in Germany's Ifo Business Climate Index for August, influenced by Middle East tensions and energy cos
The Dollar Index (DXY) remained largely flat, trading within a narrow range just under the 99.00 level as yield movements had limited impact
Brazilian President Lula and US President Trump engaged in a phone conversation, addressing bilateral trade, tariffs, and global matters.
Euro area business activity showed marginal improvement in August, driven by manufacturing resilience as the services sector slowed.
UK economic activity saw an uptick in August, primarily driven by a robust performance in the services sector, according to recent data.
The EUR/GBP pair saw a decline, settling below 0.8570, as robust PMI figures from both regions offset each other and geopolitical tensions e
Upcoming Jackson Hole Symposium may generate US Dollar volatility as Federal Reserve credibility and long-term structural themes are discuss
Euro area consumer confidence for August registered a minor improvement, with the flash estimate indicating a less pessimistic outlook than
The USDCHF pair experienced a significant downturn this week, breaking below a key trading range as the US dollar saw broad selling pressure
Canadian retail sales advanced by 0.6% in June, surpassing forecasts, with an encouraging 0.8% preliminary estimate for July.
Mexican retail sales experienced a modest decline of 0.2% month-over-month in June, missing economists' predictions for a slight increase.
Mexico's retail sales growth for June came in below analyst expectations, indicating a potential moderation in consumer spending.
The British Pound's advance against the Japanese Yen paused near 217.00, with the pair finding support around the 216.50 level following rec
The Canadian dollar's immediate future is heavily influenced by upcoming US tariff negotiations, presenting a binary risk for the currency.
A recent Treasury announcement regarding its debt buyback program has influenced the US Dollar Index (DXY), pushing it to a multi-month low.
The US Dollar is showing a softer bias, influenced by recent US Treasury buy-back announcements and a generally pro-risk market environment.
Belgian consumer sentiment weakened in August, with the confidence index falling to -7 from -5 in July, indicating increased pessimism.
The Euro-Pound pair showed little movement today, as stronger-than-expected manufacturing and services PMIs supported both currencies.
The UK's services sector expanded more than anticipated in August, contributing to a stronger composite PMI and suggesting economic growth.
Euro area private sector activity expanded at an accelerated pace in August, driven by robust performance outside of France and Germany.
UK retail sales saw a 0.5% monthly decline in July, aligning with analyst forecasts, following a revised increase in June.
Sweden's unemployment rate decreased significantly in July, reaching 7.8% from 9.9% the previous month, according to official statistics.