Latest forex news and market analysis
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.
Japanese producer prices for June showed a year-on-year increase of 7.1%, surpassing expectations and the previous month's figure.
Sovereign wealth funds are increasingly directing capital towards national strategic priorities in AI, with significant implications for maj
Despite recent Strait of Hormuz incidents, a US official reiterated commitment to diplomatic resolution with Iran, with technical discussion
Fidji Simo will not return full-time to OpenAI, opting for a part-time advisory role, potentially complicating the firm's IPO preparations.
Discussions between the United States and Iran regarding nuclear proliferation are reportedly continuing, despite recent maritime incidents.
Asian financial markets anticipate a quiet trading day with a New Zealand public holiday and Japan's June Producer Price Index release.
The Japanese Yen showed minor appreciation against the US Dollar, trading below 162.50, as market participants consider potential interventi
The British Pound Sterling saw modest gains on Thursday, pushing above a key technical indicator for the first time in months.