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
UK CPI Plummets to 4.6%; USD Recovers After Worst Day in Year; US Data Points to Soft Landing; Crude Oil Falls on Inventories
The US consumer price index (CPI) climbed 3.2% year-on-year in October, down from 3.7% in September and below the market estimate of 3.3%.
US CPI at 3.2%; Markets Expect 0.50% Rate Cut by July 2024; US Dollar Has Worst Day in Year; NASDAQ 100 Index Reaches 3-Month High; Markets Await UK Inflation Data
US CPI Seen Lower; USD/JPY Makes New 1-Year High, Approaches 33-Year High; WTI Crude Oil Continues Recovery
US Dollar Stronger, USD/JPY Approaches 33-Year High; WTI Crude Oil Remains Weak Near 3-Month Low; Stocks Mostly Lower
Bitcoin Exceeds $26k; WTI Crude Oil Remains Near 3-Month Low; Stocks Mostly Higher as US Yields Fall; USD/JPY Rising Above ¥151, US Dollar Mixed
WTI Crude Oil Reaches Multi-Month Low; Asian Equities Lower; USD/JPY Rising Well Above ¥150; Cocoa and Sugar Futures Hit Multi-Year Highs
The Australian Dollar against the US Dollar has declined 0.99% and is currently trading at 0.6425.
RBA Throws Doubt on Further Hikes While Raising to 4.35%, Aussie Drops; Asian Equities Lower; USD/JPY Back Above ¥150; Cocoa&Sugar Futures Hit Multi-Year Highs
Reserve Bank of Australia Expected to Raise Rate; Governor Ueda Confident in Recovery; Stocks Rise on Terminal Rate Optimism; Hong Kong Considering Crypto ETFs
In its 1st November meeting, the Federal Open Market Committee (FOMC) approved a pause in rate hikes, which kept the benchmark interest rate at 5.5%.
Bank of England Meets Today; US Federal Reserve Continues Rate Pause, Dollar & Yields Fall, Stocks Rise; No Rate Hike Likely Before 2024; US JOLTS Data Strong
US Federal Reserve Expected to Leave Rates Unchanged; USD/JPY Rises to Trade Above ¥151 Before Falling Back, 30-Year High in Sight; USD/CAD Hits 1-Year High; US CB Consumer Confidence and Employment Cost Index Data Slightly High; Cocoa Performing Strongly
USD/JPY Rises to Trade Back Above ¥150, 30-Year High in Sight; Gold Hovering Near $2k After 3-Week Rise; German, Spanish Inflation Lower; Cocoa Strong.
Gold Hovering Near $2k After 3-Week Rise; USD/JPY Still Firm Near ¥150, 30-Year High in Sight; Major Central Bank Policy Meetings Due from Fed, BoJ, BoE.