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
BoC Warns Inflationary Pressure Remains High; Yen Continues to Weaken; Crude Oil Remains Strong on Saudi/Russia Supply Curbs
USD/JPY Reaches ¥148.75 Before Kanda Warning; Bank of Canada Expected to Hold Rate; Crude Oil Remains Strong on Saudi/Russia Supply Curbs
RBA Sees Higher Rate Working, Aussie Weakens; Crude Oil Remains Strong; Global Stocks Lower
Market Takes View That US Terminal Rate is Reached; Crude Oil Remains Strong; Australian Dollar Major Gainer; Public Holidays in US and Canada
The Preliminary (“second”) estimate of United States GDP for the second quarter of 2023 has revealed that the economy expanded at an annualized rate of 2.1%.
The markets are digesting the August PMI reports on Thursday, with releases from France, Germany, the eurozone, the UK and the United States.
The Reserve Bank of New Zealand (RBNZ) held rates at Tuesday’s meeting. This decision was not a surprise, but the New Zealand Dollar has rallied on the news.
RBNZ Forecast Shows Approaching Recession and Small Chance of Hike; US Dollar Remains Bullish, Yen is Weak; US Retail Sales, Canadian Inflation Higher Than Expected
US Dollar Remains Bullish, Yen is Weak; China Cuts 1-Year Rate as Stock Market Continues Fall
US Dollar Remains Bullish, Yen and New Zealand Dollar Hit Lows; Asian Stocks Lower on Chinese Sentiment/Data; WTI Crude Oil Starts to Fall
The US consumer price index (CPI) accelerated to 3.2% year-on-year in July, up from 3.0% in June but below the consensus estimate of 3.3%.
US Inflation Predicted at 3.3%; Stocks Lower Yesterday on Tech Selloff; WTI Crude Oil, Gasoline Reach 8-Month Highs
Chinese CPI Contracting; Greenback Lacking Trend, Yet Key Resistance Holds; WTI Crude Oil Holds Up Near Highs; Global Equities Mostly Lower
Greenback Lacking Trend, Yet Key Support Holds; FOMC Member Bowman Says Further Rate Hikes May Be Needed; Yen Weakens as Ueda Admits Currency Issues Considered; Cocoa Futures Hit Multi-Year High
Greenback Lacking Trend, Yet Key Support Holds; WTI Crude Oil Continues to Make New 3-Month Highs; Stock Markets Starting Week With a Rise