Latest forex news and market analysis
New orders for Swedish manufactured goods saw a significant increase in June, rebounding sharply from the previous month's modest growth.
Sweden's industrial production value experienced a notable decline in June, shifting from a 6.9% annual increase to a 1.5% contraction.
Norway's Producer Price Index (PPI) saw a notable acceleration in July, climbing to 23.4% year-on-year from June's 14.9%.
Sweden's industrial production experienced a contraction in June, moving into negative territory after a modest gain the prior month.
Norway's underlying inflation rate, as measured by the CPI-ATE, remained stable at 2.7% year-over-year in July, aligning with expectations.
Norway's annual inflation rate increased to 3.0% in July, surpassing forecasts and marking a rise from the previous month's 2.7%.
A notable EUR/USD option expiry at 1.1575 coincides with a significant technical level, potentially influencing today's price action.
Japan's current account unexpectedly recorded a deficit in June, reversing from a surplus as import growth outpaced exports.
Japan's current account surplus in June significantly undershot economist forecasts, driven by a narrowing trade surplus and increased prima
China's central bank established the yuan's daily reference rate and injected liquidity into the financial system via reverse repos.
China's central bank sets daily USD/CNY reference rate, a key indicator for the yuan's trading band and market sentiment.
Japan recorded a trade deficit of ¥135.2 billion in June, a significant shift from the surplus observed in the prior month.
Japan recorded a ¥-92.3 billion current account deficit in June, significantly missing expectations for a surplus.
Global stock markets experienced a robust week, extending gains despite emerging signs of a less buoyant employment landscape.
Thursday saw a market correction where the technology sector demonstrated resilience, outperforming the S&P 500 by the close.
Indicative prices from early Monday trading in Asia suggest a slightly stronger US Dollar against major currencies compared to late Friday l
China's Consumer Price Index (CPI) recorded a 0.1% month-over-month decrease in July, falling short of market expectations for a modest rise
China's Producer Price Index (PPI) for July registered a year-over-year increase of 3.5%, falling short of market expectations.
China's credit demand is projected to stay weak in July, with new Yuan loans and M2 growth showing continued softness across sectors.
UOB analysts observe the Chinese Yuan (CNH) entering a period of consolidation against the US Dollar, trading within a tight range.
Progress in Oman-Iran discussions suggests a potential agreement to restore commercial shipping in the Strait of Hormuz, with US sanctions r
Recent US graduates face a challenging job market, with unemployment rates exceeding the national average, a notable shift from historical t
The South Korean Won is outperforming Asian peers, bolstered by robust semiconductor exports and coordinated FX intervention discussions.
Existing home sales are anticipated to decline in July as elevated mortgage rates continue to impact the affordability and activity in the U