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.
Policy Meetings Today at European Central Bank and Swiss National Bank, 0.25% Rate Cuts Expected; US Stock Markets, Many Global Indices Higher, NASDAQ 100 Reaches New All-Time High; US CPI Rises to 2.7% as Expected, Fed Seen Likely to Cut Rates Next Week; AUD/USD Reaches 4-Month Low
US inflation for November accelerated to 2.7% year-on-year, in line with expectations, and market expectations for a December rate cut jumped close to 100%.
US CPI Seen Rising From 2.6% to 2.7%; Bank of Canada Expected to Cut Rates by 0.50%; AUD/USD Reaches 4-Month Low; Cocoa Futures Hit 7-Month High Following Strong Gains
Reserve Bank of Australia Leaves Rates Unchanged, Hints at 2025 Cuts; Trump Crypto Rally Falters, Bitcoin Trades Below $95,000; NASDAQ 100, S&P 500, DAX Indices Fall; Cocoa Futures Hit 7-Month High
Bitcoin Trading at Record High Above $100,000; NASDAQ 100, S&P 500, DAX indices Continue to New Record High Prices; Powell “Cautious” on Rate Cuts; French Government Falls
South Korean Parliament Overturns Presidential Coup Attempt; NASDAQ 100, S&P 500, DAX Continue to New Record High Prices; Korean Won, Japanese Yen Stabilize; Aussie Hits 4-Month Low on Poor Economic Data
Swiss inflation misses expectations at 0.7%, raising the likelihood of a 50-bps SNB rate cut to counter franc appreciation and economic challenges.
S&P 500, DAX, ASX 200 All Trade at All-Time High Prices; Commodity Currencies Battered by Trump BRICS Tariff Threat; Bank of Japan Considering a Triple Rate Hike; Fed’s Waller Leaning Towards December Rate Cut
Trump Warns BRICS Against Pursuing Dollar Alternative in Social Media Post; Japanese Yen Loses Value During Tokyo Session; French Budget Deadlock Sends Euro Lower; Chinese Yuan Reaches 4-Month Low Price
Fed minutes highlight gradual rate cuts amid steady inflation, with PCE data reinforcing a likely December reduction and market volatility increasing.
Core US PCE Data Edges Higher to 2.8%; Bitcoin Rising Again on Trump Admin Likely Picks; Trump’s Mexico Tweet Causes Peso Volatility
Australian CPI Unexpectedly Weak; RBNZ Cutes Rates by 0.50%; Bitcoin Trades Below $91,000; FOMC Meeting Minutes Mixed, Chance of December Cut Rises to 66%; Markets Look to Crucial US Data Later
Bitcoin Falls to $94,000; President-Elect Trump Announces Tariffs on Mexico, Canada, and China; Fed’s Kashkari Sees December Rate Cut as “Reasonable”
Bitcoin Makes New Record High Above $99,000; Stocks Higher on Trump Treasury Secretary Pick; US Dollar Declines
Bitcoin Makes New Record High Above $98,000; US Dollar Bounces Back; UK Inflation Ticks Higher; Gold Gaining Firmly After Bounce
