Latest forex news and market analysis
The Mexican Peso strengthened for a ninth consecutive day, supported by easing global geopolitical concerns and a softer US Dollar.
SanDisk reported stronger-than-anticipated fiscal fourth-quarter results, surpassing revenue and earnings forecasts, yet the market reaction
Federal Reserve Governor Lisa Cook indicated a readiness to raise interest rates if inflation persists, highlighting diminishing patience.
US stock markets saw a downturn, with the Nasdaq Composite particularly affected by a notable drop in Alphabet (Google) shares.
Thursday's Asian trading session anticipates remarks from a Federal Reserve official, with a relatively quiet economic data calendar.
Western Digital and SanDisk earnings reports will offer key insights into the sustainability of the AI-driven storage boom.
The Swiss Franc advanced against the US Dollar on Wednesday, influenced by disappointing US economic indicators and reduced expectations for
The Dow Jones Industrial Average achieved a fresh record high on Wednesday, extending its rally by approximately 0.76%.
The Euro maintains a steady position against the US Dollar, trading near fair value amidst constructive fundamental factors.
Strategists at TD Securities anticipate any US Dollar weakening from disappointing July employment figures to be relatively contained.
The US Treasury Department recently lifted specific sanctions related to Iran, impacting certain aviation entities and signaling potential d
Brazil is experiencing significant portfolio inflows into equities and government bonds, supporting the Real ahead of the central bank's rat
US private sector employment saw a notable slowdown in July, with ADP reporting 44,000 new jobs, falling short of expectations.
Minneapolis Fed President Neel Kashkari expressed a preference for starting with smaller interest rate hikes soon, rather than delaying acti
The USD/CAD currency pair has been experiencing downward pressure, reflecting broader shifts in economic indicators and commodity prices.
The US Dollar Index (DXY) saw minor fluctuations, reflecting market anticipation ahead of key economic data and central bank speeches.
The Japanese yen has significantly depreciated against the US dollar, driven by divergent monetary policies and the popular carry trade.
Economists anticipate a slight uptick in the US services sector's expansion, with the ISM Services PMI projected to reach 54.5 in July.
The UK services sector expanded in July for the first time in three months, with business activity and new orders showing a modest rebound.
France's services sector showed a slight uplift in July, with both services and composite PMIs indicating a slower contraction.
The S&P 500 recently recovered from a seven-week low, driven by strong tech earnings and easing geopolitical tensions.
Russia's services sector PMI edged up in July, signaling a slower pace of contraction compared to the previous month.
A notable EUR/USD options expiry at 1.1500 could influence price action as markets anticipate upcoming US jobs data.
The Indian Rupee reversed earlier advances against the US Dollar following the Reserve Bank of India's latest monetary policy decision.