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.
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OPEC Maintains Output; US Dollar Strong; Stock Markets Lower
According to data released by the Swiss Federal Statistical Office, the Consumer Price Index stood at 0% in September (month-on-month), below expectations of 0.2% and August’s 0.2%.
WTI Steadies Ahead of OPEC Meet; US Dollar Strong; Asian Stocks Lower
Despite this, it seems that the economy has been losing momentum during the third quarter, which could encourage the Bank of England to reconsider its ultra-loose monetary policy stance.
USD Index at 10-Month High; US 10-Year Yield Hits 3-Month High; Silver at 1-Year Low
The Chinese government recently declared all cryptocurrency transactions illegal, causing cryptocurrency exchanges to cut ties with users from mainland China.
This could eventually push the European Central Bank to reconsider its ultra-loose monetary policy stance.
S&P 500 Worst Day Since May; US 10-Year Yield Breaks 1.5%; British Pound Hits 8-Month Low
Oil Jumps on Supply Crunch; Stock Markets Steady Since Open; German CDU Gets Poor Result
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A deep dive into the FOMC’s September 2021 monetary policy statement, the market reaction, and the eventual implications of QE on the stock market.
Evergrande currently owes more than $300 billion to different financial institutions, and given its current financial situation, it's highly likely that it will default at some point.
FOMC Majority Sees 2022 Hikes; Fed Indicates Tapering to Start in November; USD, Stocks Slightly Higher
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Global Stock Markets Mostly Weaker; US Dollar Strong; BoJ Leaves Policy Unchanged
This announcement came after the German government reported its highest inflation level since 1993, as the Consumer Price Index stood at 3.9% in August.