The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
Market News
Market News
Aussie Gains on RBA Hawkish Tilt; Stocks Firmer Ahead of Powell Speaking.
Yen Tumbles on Report Dove Amamiya to be BoJ Governor; Stocks Lower as Sentiment Persists; RBA Expected to Hike Rates
The FED raised its interest rate by 0.25% yesterday, leaving benchmark borrowing costs at 4.75%, in what was the smallest rate rise since March 2022.
FOMC Hikes by 0.25%; FOMC Statement Slightly Hawkish; Powell Talks Down US Dollar in Presser; S&P 500 Golden Cross; Gold, Euro Reach Highs; ECB, BoE 0.50% Hikes Expected Today.
Markets Await FOMC and Expected Rate Rise; Stock Markets Higher; US Dollar Consolidates.
IMF Sees G7 Growth Except UK in 2023; Markets Quiet Ahead of FOMC Wednesday; US Dollar Strengthens.
Bitcoin Up 40% Since 2022; Global Stocks Mostly Falling; Yen Strengthens, Aussie Weakens.
Yesterday’s decision by the Bank of Canada’s Governing Council is a clear sign that its high-interest rate rise policy could be reversed later this year.
BoC Raises Rates by 0.25% to 4.50%; Chinese Stock Market Roars Ahead; Gold Reaches 9-Month High at $1948; US Advance GDP of 2.6% Expected
Australian CPI Reaches 8.4%; New Zealand Inflation Drops Slightly; Gold Reaches 9-Month High at $1942
Stock Markets Rise Strongly in Asia; Market Awaits Australian, New Zealand CPI Data
EUR/USD Currency Pair Reaches 9-Month High; ECB’s Knot Forecasts Two 0.5% Rate Hikes; US Dollar Declines.
Yen Recover’s Post-BoJ Losses; US 10-Year Treasury Yield Hits 7-Month Low; British Inflation Falls, Poor US Retail Sales, PPI Data.
The Bank of Japan held a monetary policy meeting earlier today, where it was a unanimous vote that all the current policy measures should remain in place.
Bank of Japan Holds Policy Steady, Yen Drops; US Dollar Rises; British Inflation, US PPI Data Due Today