Latest forex news and market analysis
Major US stock indices recovered from early session declines, with the Dow and S&P 500 turning positive, while the Nasdaq remained flat.
The US tech market shows a divided picture, with consumer electronics and software firms advancing while semiconductor companies face declin
HSBC analysts suggest the UK's inflation outlook, while still elevated, now faces more balanced geopolitical risks following recent US-Iran
Eurozone inflation dipped in June, primarily due to energy costs, though underlying price pressures remain a key concern for the European Ce
US construction spending saw a marginal increase of 0.1% in May, aligning with market expectations, following a downward revision for April.
Uncertainty surrounding the United States-Mexico-Canada Agreement (USMCA) review is expected to extend policy risks for Mexico, potentially
A White House economic official recently suggested that increasing interest rates could be an error, sparking discussion on monetary policy.
Lower-than-expected inflation in the Euro area for June may allow the European Central Bank to maintain a cautious approach on interest rate
Top central bankers, including the Fed chair, ECB president, and BoE and BoC governors, will participate in a policy panel today.
US employers announced fewer job cuts in June, a notable decrease from May, with artificial intelligence cited as a primary factor in tech l
Eurozone inflation eased more than anticipated in June, potentially offering the European Central Bank greater flexibility in its policy dec
The Japanese Yen showed marginal gains against most currencies but softened versus the US Dollar, nearing 162.66 on Wednesday.
Commerzbank interprets recent remarks from a Czech National Bank official as indicating a pause in interest rate hikes following a recent ad
Reports indicate that the United States and Iran are engaged in indirect technical talks in Doha, mediated by Qatar and Pakistan.
US stock index futures show mixed performance during European trading as market participants await key manufacturing data.
The UK's manufacturing sector experienced a slowdown in growth during June, with the final PMI reading confirming an earlier estimate.
ECB's Nagel emphasized data dependency for July and September meetings, anticipating sustained high inflation and above-target levels into 2
Eurozone manufacturing activity expanded at its slowest pace in four months during June, though inflationary pressures showed signs of moder
Currency options market sees limited significant expiries today, as focus shifts to broader economic drivers and upcoming US data.
The Indian Rupee weakened against the US Dollar as surging US Treasury yields bolstered the greenback, reducing demand for riskier assets.
The Swiss Franc experienced a modest decline against the US Dollar as markets anticipate upcoming Swiss retail sales and manufacturing data.
Japan's top currency diplomat suggests recent market interventions have moderated the yen's depreciation against the US dollar.
The New Zealand Dollar weakened against the US Dollar early Wednesday following the release of disappointing manufacturing data from China.
The Australian Dollar struggled against a stronger US Dollar, retreating from recent gains following the release of China's manufacturing da