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.
USA and Iran Still Publicly Contradicting Each Other, Large Deal Gaps Remain; Stocks Off Yesterday's Highs; Crude Oil Stabilizes, But Looks Weak; US Attacks Iranian Ships Laying Mines in Strait of Hormuz
Trump Announces Memorandum of Understanding Verbally Agreed, Risk-On Sentiment Grows; US and Japanese Equities Power to New Records; Crude Oil Drops; Public Holiday Today in USA and Some European Countries
The Federal Reserve yesterday released the minutes of the Federal Open Market Committee (FOMC) meeting in April, which are widely seen as slightly hawkish.
NVIDIA Earnings Beat Expectations, Triggers Tech and Wider Stock Rally; UK Inflation Drops Unexpectedly; Bank of Japan's Koeda Says Inflation at 2%; Trump Talks Up Iran Deal, Crude Oil Falls Strongly
The crypto market giveth, and the crypto market taketh away: Bitcoin experienced a weaker tone over the past week, and all the gains seen in May evaporated.
NVIDIA Earnings Due, AI Focus; Equities Lower in Asia on Yields/War; Bond Yields Continue Rising; Indian Rupee Reaches Fresh Record Low; UK CPI Awaits
Trump Announces 2/3 Day Pause in Iran Attack for Deal Chance; Equities Mixed; Crude Oil Prices, US Dollar Ease; US Treasury Yields Near Long-Term Highs; Indian Rupee Near Record Low
Expectations Rise of Renewed US Attack Against Iran; Equities Fall; US Dollar Strengthens, Treasury Yields Hit 1-Year Highs; Crude Oil, Gasoline Up
US Stocks Make Fresh Records; Wheat Breaks Out; Central Banks More Hawkish as ECB, BoJ Members Float Rate Hikes; Warsh Confirmed as New Fed Chair; Trump in China
The US consumer price index (CPI) climbed 3.8% year-on-year in April, up sharply from the 3.3% gain in March and just above the market estimate of 3.7%.
Higher US Inflation Sends Stocks Lower, US Dollar Higher; Slowing of Iranian Oil Exports at Kharg Island Noted, Trump Mulls Resuming Strikes; Wheat Breaks to Long-Term High; Trump asks Xi to "Open Up" China
US CPI Data Awaits; RBI Intervenes in FX Market, Government Drafts Emergency Import Restrictions / Price Hikes; Japan Ministry of Finance Boosts Yen by Warning of Intervention; US, South Korean Equity Indices Reach Record Highs; Trump Keeps World Guessing on Iran
Iran Makes Counteroffer Far Short of US Demands, Trump Makes Displeasure Clear; Trump Continues to Threaten Iran; Crude Oil and Gasoline Higher; Stocks Remain Strong Led Higher by Tech
Trump Announces One-Week Deadline for Iran to Agree Deal, or War Resumes; Trump Optimistic on Deal; US, Korean, Japanese Stock Indices Power to New High; WTI Crude Oil Settles Near $95; Verbal Yen Intervention After USD/JPY Hits 2-Month Low
Spirits are high across the cryptocurrency ecosystem as the market appears to be waking from its crypto winter.
