South Korea Reportedly Intervenes in FX Market
South Korean authorities reportedly conducted a rare dollar-selling intervention on Thursday to stabilize the local currency.
Latest forex news and market analysis
South Korean authorities reportedly conducted a rare dollar-selling intervention on Thursday to stabilize the local currency.
US Treasury Secretary Scott Bessent remarked on the yen's significant undervaluation, noting its overshoot of equilibrium and expressing con
China's July Politburo meeting signals a cautious approach to stimulus, focusing on executing existing fiscal plans to bolster infrastructur
Leopold Aschenbrenner's Situational Awareness hedge fund reportedly experienced substantial setbacks, leading to forced asset sales.
Amazon reported stronger-than-expected revenue and operating income, leading to a notable increase in its share price during after-hours tra
Major US stock indices posted significant gains, with technology stocks driving the rebound, as a hedge fund's asset sale garnered attention
Major US stock indexes advanced, with the Nasdaq 100 leading gains, as markets await Apple's latest financial results.
The New Zealand and Australian dollars posted significant advances against the US dollar, breaking key technical levels.
The USDCAD currency pair has declined to its lowest point since June 17, breaking key technical support levels amidst broader USD weakness.
The Philadelphia Semiconductor Index (SOX) showed resilience, bouncing from a significant technical level, with analysts now watching for fu
The Eurozone economy expanded by 0.4% quarter-on-quarter in Q2 2026, matching the growth rate observed in the United States.
Federal Reserve Governor Kevin Warsh recently offered insights into the US economic landscape, touching upon inflation and monetary policy.
Singapore implements a new fiscal support package alongside a calibrated tightening of its exchange rate policy by the Monetary Authority.
Major US stock indices, including the S&P 500 and Nasdaq, saw significant gains, prompting a review of their technical outlook.
The Bank of England held its key interest rate steady at 3.75% in September, with strategists noting a hawkish undertone despite the hold.
The Atlanta Fed's GDPNow model initiates its Q3 growth forecast at 5.0%, following its precise 1.5% Q2 estimate.
The Australian Dollar advanced against the US Dollar, driven by broad USD weakness that overshadowed lower-than-expected Australian inflatio
The US Dollar experienced broad selling, particularly against the Japanese Yen, with price movements suggesting potential market interventio
GivTrade has announced significant advancements in its multi-jurisdictional regulatory structure and operational transparency measures.
Major US stock indices experienced a significant rebound today, with technology-focused benchmarks showing the strongest performance after r
The USD/JPY pair has experienced a notable downturn, with market participants closely watching for potential Japanese intervention as it app
New US unemployment claims fell to 197,000, undershooting forecasts and signaling ongoing robustness in the national job market.
Germany's Harmonized Index of Consumer Prices (HICP) increased by 0.9% month-over-month in July, surpassing economists' predictions.
Brazil's unemployment rate for July remained unchanged at 7.9%, aligning with market expectations and indicating a stable labor market.