Latest forex news and market analysis
India's HSBC Composite PMI for June registered 57.1, a minor decrease from May's 60.5 and just under the anticipated 57.4.
India's services purchasing managers' index (PMI) for June showed a modest deceleration in growth, registering 57.4.
China's services sector activity, as measured by the RatingDog Services PMI, saw a modest decline in June, registering 54.1.
China's services sector growth moderated marginally in June, with the RatingDog Services PMI declining to 54.1 from 54.4.
The Japanese Yen saw modest gains against the US Dollar on Friday, with market participants closely monitoring potential government interven
Japan's Finance Minister Satsuki Katayama affirmed readiness to take appropriate action regarding currency fluctuations, declining comment o
Japan's Finance Minister reiterated readiness to intervene in currency markets if yen fluctuations become disorderly, while coordinating wit
China's central bank established the yuan's daily midpoint at 6.8047 per US dollar, allowing a 2% fluctuation band.
Australia's S&P Global Composite PMI reached 50.4 in June, surpassing market expectations of 49.8 and indicating modest economic expansion.
South Korean Won continues to weaken against the US Dollar, defying robust export performance and an expanding trade surplus.
New Zealand's ANZ-Roy Morgan Consumer Confidence index increased to 91.3 in June from 86.5 in May, indicating an improvement in sentiment.
Recent appreciation of the Chinese Yuan against key currencies may undermine claims of undervaluation, according to BNY Mellon analysis.
The Mexican Peso strengthened against the US Dollar following a softer US jobs report and market speculation about Japanese currency interve
The Singapore Dollar is expected to remain within a tight trading range against the US Dollar, according to analysis from UOB.
US officials reportedly believed Israel might target Iranian negotiators during April ceasefire talks, raising concerns about regional stabi
Meta CEO Mark Zuckerberg noted that the pace of AI agent development has not met internal expectations over recent months.
Societe Generale anticipates a lengthy review process for the USMCA trade agreement, rather than an outright termination, citing official co
Bank of England policymaker Catherine Mann indicated that recent easing of financial conditions will influence her upcoming vote on interest
The Dow Jones Industrial Average reached a new intraday record, driven by a softer jobs report and a rotation out of technology stocks.
Baidu's stock performance is being closely watched by analysts for a potential upward trend if it maintains support around the $100 level.
Asian currencies, including JPY and KRW, could see a significant rebound if the US initiates measures to counter dollar strength, BNY Mellon
The Australian Dollar strengthened against the US Dollar after weaker-than-expected US labor market figures influenced currency markets.
The Japanese Yen strengthened against the US Dollar after weaker-than-expected US employment figures, with intervention risks lingering.
Bank of England policymaker Catherine Mann highlighted a continued tilt towards inflation risks over economic activity concerns as of June.