Latest forex news and market analysis
Canada's labour market showed continued stabilization in June with modest job gains and a slight decrease in the unemployment rate to 6.5%.
ING economists anticipate India's consumer inflation to increase to 4.2% in June, while wholesale inflation is expected to moderate to 9%.
TrueDAO has successfully raised $10 million in a strategic funding round aimed at advancing its AI-driven financial technology.
Canada's economy saw a moderate increase in employment during June, with the unemployment rate experiencing a notable decline.
Indian banks reported an 18.6% year-on-year increase in loan growth as of June 15, marking an acceleration from the previous period.
India's foreign exchange reserves saw an increase, reaching $674.19 billion by June 29, up from the prior period's $666.93 billion.
The EUR/USD pair has rebounded from recent lows, re-entering its previous trading range, suggesting a lack of strong follow-through on its e
The Canadian dollar's performance against the US dollar is influenced by upcoming Canadian jobs data and broader economic trends.
The Bank of Canada is anticipated to keep its monetary policy unchanged at the upcoming meeting, despite recent Canadian Dollar gains.
A BNY strategist indicates that a potential rise in interest rate volatility might exert downward pressure on U.S. stock markets.
France's June inflation rate confirmed a notable decrease, primarily driven by energy and core price moderation, potentially influencing ECB
Today's European economic calendar is light, with market attention shifting to Canadian employment figures and upcoming US inflation data.
Upcoming EUR/USD options expiries between 1.1400 and 1.1450 might provide short-term boundaries for price action.
Meta's Llama 3 launch signals a shift in the AI landscape, moving from pure research to competitive pricing and accessibility.
The Indian Rupee extended its recovery against the US Dollar on Friday, driven by a broad weakening of the greenback amidst geopolitical dev
Japan's government is encouraging its large public pension fund to increase domestic asset holdings amid concerns over bond market stability
The Japanese Yen has seen further gains following recent comments from Finance Minister Katayama regarding domestic asset allocation for pen
The Australian Dollar advanced against the US Dollar during Asian trading, influenced by the Reserve Bank of Australia's recent hawkish stat
The New Zealand Dollar continued its upward trend, achieving a three-week peak against the US Dollar amidst ongoing market movements.
South Korea's foreign exchange authorities believe the won-dollar rate is currently out of sync with economic realities, expecting rebalanci
The Japanese Yen strengthened against a softer US Dollar Friday, with market participants anticipating potential government intervention.
The British Pound advanced against the US Dollar, supported by a change in UK political leadership and increasing expectations for Bank of E
China's central bank established its daily yuan reference rate and conducted open market operations, injecting liquidity into the financial
Japan is exploring strategies to encourage its major pension funds, including GPIF, to increase investments within the domestic market.