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
Last Friday’s NFP data showed a strong undershoot in new US jobs created last month, but markets seem to be awaiting next Wednesday’s US inflation data before making a major move.
The FOMC Meeting Minutes release yesterday revealed members using language on inflation and the Fed’s balance sheet which suggest a more hawkish tilt to its monetary policy, shifting price movements in financial markets.
FOMC Knocks Risk Sentiment; US Stocks Tumble; Forex Market Sees Strong EUR, Weak AUD; Markets Look to Friday’s NFP Release
S&P 500 Hits All-Time High; Forex Market Sees Strong EUR, USD, Weak JPY; Markets Look to FOMC Release; Record Coronavirus Spread
Forex Market Sees Strong USD on Rising Yields, Weak JPY; US Stocks Near Record High
Forex Market Sees Strong USD/JPY; Global Coronavirus Infections Soar to New Records; Markets Quiet on Extended New Year Holiday
Stocks Trade Sideways; Forex Market Sees Strong USD/JPY; Global Coronavirus Infections Soar to New Records
Agricultural Commodities, Stocks Drop; Forex Market Sees Strong USD/JPY; Record Total of Coronavirus Infections Reported Globally
S&P 500 Index Rallies Sharply Close to 4800; Forex Market Sees Aussie Strong
Omicron Studies Showing Milder Morbidity, Boosting Risk; Australian Dollar Dominates Quiet Forex Session; Last Week Sees Record Global Coronavirus Cases
Two fresh studies in the UK indicate that the omicron coronavirus variant is less dangerous than Delta, encouraging hopes that the current huge omicron wave will not cause a big spike in morbidity.
Omicron Studies Show Milder Morbidity, US Dollar Selling Off
US and European Markets Firmly Higher, US Dollar Resumes Bullish Trend
The Turkish Lira gained almost 39% against the US Dollar in just a few hours after President Erdogan announced a plan to guarantee domestic Lira deposits against their real value in foreign currency.
Turkish Lira Up By >27% on Rescue Package, Global Stock Markets Recover Slightly