Latest forex news and market analysis
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
US stocks, as measured by the Dow Jones Industrial Average, saw modest gains following July's non-farm payrolls report.
A recent New York Federal Reserve survey indicates a marginal decrease in one-year inflation expectations, while longer-term views remain st
The Canadian dollar saw significant appreciation against the US dollar following stronger-than-anticipated employment figures from both nati
The US Dollar Index (DXY) fell following a softer-than-anticipated non-farm payrolls report, influencing Federal Reserve rate hike expectati
A weaker-than-expected July US jobs report has led to a softening of the US Dollar and a shift in market expectations regarding a September
Carbon has launched a new on-chain derivatives venue, offering over 950 markets accessible through a single account interface.
Richmond Fed President Thomas Barkin observes a transition to an environment of minimal job gains, characterized by fewer hires and layoffs.
Discussions between the United States and Canada are reportedly nearing a resolution on trade irritants and reciprocal tariff adjustments.