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
US Preliminary GDP Exceeds Expectations; Gold Remains Near Record High; German, Spanish Inflation Weaker Than Expected.
New Zealand Central Bank Maintains Rates at 5.5% but Warns of More HikesNew Zealand’s central bank has kept interest rates unchanged for a fourth straight time, maintaining the cash rate 5.5%. The hawkish tone of the meeting sent the New Zealand dollar sharply higher and equity markets significantly lower.
Gold Reaches $2,050, Record High in Sight; Kiwi Boosted on Hawkish RBNZ; US Dollar at 3-Month Low; Australian Inflation Weaker Than Expected
Gold Trading Above $2,010 on Low Volatility, Record High in Sight; US Dollar at 2-Month Low; Crude Oil Continues to Decline
Gold Finally Breaks Above $2,010, Record High in Sight; Crude Oil, US Dollar Continue to Decline
US Stock Markets Bullish, Especially Tech; Gold Bullish Near 6-Month High Against US Dollar; Crude Oil Falling
The Federal Reserve released late Tuesday the minutes of the Oct. 31-Nov. 1 Federal Open Market Committee (FOMC) meeting.
Fed Minutes Point to Surprising Strength of Economy; Gold Reaches $2,000; Euro, Aussie Hit 3-Month High Against US Dollar
US Dollar Continues Lower on Fed Rate Cuts Prospects; US Equity Indices Reach Multi-Month Highs; RBA Minutes Include Hawkish Comments
Silver exhibited a remarkable upswing during the early hours of Friday, reflecting the ongoing positive sentiment in the precious metals sector.
US Dollar Falls on Lower Inflation, Fed Cuts Prospects; Signs BoJ to End Stimulus Next Year; RBA Minutes Due Later
UK CPI Plummets to 4.6%; USD Recovers After Worst Day in Year; US Data Points to Soft Landing; Crude Oil Falls on Inventories
The US consumer price index (CPI) climbed 3.2% year-on-year in October, down from 3.7% in September and below the market estimate of 3.3%.
US CPI at 3.2%; Markets Expect 0.50% Rate Cut by July 2024; US Dollar Has Worst Day in Year; NASDAQ 100 Index Reaches 3-Month High; Markets Await UK Inflation Data
US CPI Seen Lower; USD/JPY Makes New 1-Year High, Approaches 33-Year High; WTI Crude Oil Continues Recovery