Latest forex news and market analysis
US manufacturing activity grew at its fastest pace in over four years in July, with the ISM Manufacturing PMI surpassing forecasts.
Deutsche Bank strategists highlight ongoing inflation concerns and potential for further rate hikes from the Federal Reserve, with labor dat
Federal Reserve official John Williams stated the Fed's current policy is well-aligned to reach its 2% inflation target, while acknowledging
Global market sentiment shows signs of improvement this week, influenced by significant economic releases and central bank commentary.
Iran's foreign ministry spokesperson stated there are no plans for direct talks with the US in the near term, despite recent US claims.
The Japanese Yen extended its upward trend against the US Dollar early this week, reflecting evolving market sentiment.
Euro area manufacturing output reached a 52-month high in July, driven by Germany, despite persistent weak demand and supply chain issues.
German retail sales experienced an unexpected contraction in June, falling by 0.2% year-on-year, a significant drop from the prior month's g
Russia's manufacturing PMI edged up in July, indicating a slight but continued expansion in the sector, according to S&P Global.
The Indonesian Rupiah maintains its recent appreciation against the US Dollar following encouraging manufacturing sector expansion.
The USD/JPY currency pair has fallen, with market participants reacting to reports of potential joint intervention efforts.
Asian stock markets saw declines, with Japan's Nikkei pressured by a stronger yen and South Korea's KOSPI falling due to chip sector concern
The Australian Dollar maintained strength against the US Dollar early Monday, trading around 0.7030 following the release of Chinese manufac
The New Zealand Dollar maintains its value against the US Dollar, shrugging off recent weaker manufacturing data from China.
A private survey indicated a slowdown in China's manufacturing sector for July, missing analyst expectations and falling from June's figures
China's central bank established the daily yuan reference rate at 6.7898 against the US Dollar, allowing for a 2% fluctuation band.
The Japanese Yen advanced as bond yields climbed, driven by market expectations of further intervention and potential Bank of Japan policy a
Japan's Finance Minister refrained from commenting on whether the government intervened in the foreign exchange market on Monday.
The Australian Dollar strengthened against the US Dollar early Monday as global risk appetite improved following reports of de-escalation in
Washington and Tokyo have officially confirmed their joint intervention in the yen market last Friday, signaling readiness for more action.
Asian markets anticipate a key private survey on China's manufacturing sector, following earlier disappointing official data, with Australia
New Zealand's seasonally adjusted building permits recorded a slight decrease of 3.6% in June, an improvement from the prior month's 4% decl
Recent developments suggest a de-escalation of Middle East tensions, potentially influencing energy markets and related financial instrument
Early Monday trading in Asia shows major currency pairs largely maintaining Friday's closing levels, with minimal movement observed.