Latest forex news and market analysis
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.
Switzerland's economy expanded by 1.5% quarter-on-quarter in Q2, a significant increase from Q1's 0.4% growth.
France's annual inflation rate increased to 2.1% in July, with core inflation also accelerating amid broad price pressures.
A notable EUR/USD options expiry at 1.1550 could influence price action today, with the pair below its 100-day moving average.
German wholesale prices saw a modest increase in July, primarily driven by higher petroleum product costs after a temporary tax reduction ex
Germany's wholesale price index increased by 5.3% year-over-year in July, showing an acceleration from the previous month's figures.
Asian equities saw mixed performance as US inflation concerns eased, while Apple's reported AI partnership in China drew attention.
July inflation data reveals a mixed picture across Central Europe, with most nations seeing declines while Poland and Czechia experienced in
Recent US inflation figures indicate a continued deceleration in price pressures, a development generally welcomed by financial markets.