Latest forex news and market analysis
The British Pound (GBP) maintains its position against the US Dollar (USD) as market participants anticipate crucial US employment data.
US employers announced the fewest job cuts in two years during July, while the technology sector continued to lead in layoffs.
The US Dollar Index (DXY) saw an uptick, recovering from recent declines as global risk sentiment shifted following developments in the Midd
The UK construction industry experienced a less severe downturn in July, with all major sub-sectors showing signs of improved resilience.
Today's economic calendar highlights Eurozone retail sales figures and US jobless claims, with limited market impact expected.
Traders note several significant forex option expiries today, potentially influencing short-term price movements in EUR/USD and USD/JPY.
Sweden's Consumer Price Index (CPI) showed a monthly increase of 0.3% in July, exceeding analyst predictions.
Sweden's July Consumer Price Index (CPI) annual rate registered 0.2%, surpassing economists' predictions, while core inflation metrics showe
German factory orders saw a significant month-over-month increase in June, substantially surpassing economists' initial predictions.
Financial markets are closely watching today's release of Sweden's preliminary inflation figures for July, with core inflation estimates at
Renewed US-China trade tensions are contributing to market cautiousness, alongside Federal Reserve hawkishness and tech sector concerns.
The US Dollar Index (DXY) is trading with a negative bias for the third consecutive day, remaining close to a multi-week low.
The Japanese Yen advanced against the US Dollar early Thursday following reports of a coordinated currency intervention by the US and Japan.
Fitch Ratings indicates that recent volatility in South Korea's equity markets presents minimal immediate credit risk to the broader financi
Former President Trump's frequent informal discussions with Federal Reserve Chair Warsh are noted as a shift from typical White House-Fed pr
China's central bank established the daily yuan reference rate against the US dollar and conducted liquidity injections to support the finan
Foreign investment in Japanese equities saw a notable reduction in the week ending July 31, according to recent financial data.
Japanese investors significantly increased their foreign bond holdings in July, shifting from a net outflow in the prior period.
Iran and Oman are reportedly nearing completion of a commercial shipping framework for the Strait of Hormuz, according to Iran's Foreign Min
South Korea's current account surplus significantly increased in June, driven by strong goods exports and reduced primary income outflows.
PIMCO suggests AI-related sectors are artificially inflating core PCE, potentially influencing Federal Reserve rate cut expectations.
The US government has returned about $100 billion in tariffs deemed unlawful, a move that could aid importers, while new duties emerge.
Federal Reserve Governor Lisa Cook backed holding interest rates steady, emphasizing ongoing inflation concerns and a data-dependent approac
UOB strategists observe USD/SGD trading flat with the Singapore Dollar NEER above its midpoint, anticipating a potential move.