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.
Most Recent
The country’s CPI rose by 0.8% in the second quarter (quarter-on-quarter), surpassing expectations of 0.7% and the previous quarter’s 0.6%.
Stocks Mostly Dip Globally; HSI, Nikkei 225 Approach Lows; Australian CPI at 3.8%.
According to analysts from Goldman Sachs, US economic growth will slow down significantly in the second half of the year, mainly because the services sector growth is expected to slow due to less spending on services.
S&P 500 and NASDAQ 100 Indices Hit All-Time High Prices; Chinese Stocks Drop Hard Again; Bitcoin Fails at $40k
Yesterday, Bitcoin gained 4.62% against the US dollar, closing the session at the 35,407.0 level and gaining ground for the fifth consecutive session.
S&P 500 and NASDAQ 100 Indices Hit All-Time Highs; Chinese Stocks Drop Hard; Bitcoin Pops Up to Month High
The European Central Bank today held its long-term refinancing rate policy steady by maintaining a rate of 0% and made no other change except a small adjustment to its forward guidance. The relative value of the euro rose slightly, so it is not clear the release has had any meaningful effect on market prices at all.
The Bank of Japan recently released its meeting minutes, in which it said that the price outlook is being affected by the rise of commodity costs.
Bonuses & Promotions
Greenback Bid on Safe Haven Flow; Global Stocks Mostly Weaker; Weak Australian Retail Sales Data
Bitcoin fell by 3.07% yesterday to close the session at the 30,847.0 level.
Resurgent Coronavirus Fears Hit Risk; S&P 500 Trades Below 50-Day MA; Bitcoin Threatens Major Breakdown
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.OPEC+ members agreed to increase oil production recently in response to the recovery of the oil market and in an attempt to ease production restrictions by the end of 2022.
The National Bureau of Statistics commented that the Chinese economy has sustained a steady recovery.
Fed Chair Says Ready to Act Against Inflation; Chinese GDP at 7.9%; Bank of Canada Reduces Bond Purchase Program.