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Daily Forex News
Forex Market Dominated by Safe Haven Flow; Cryptos Recover from Breakdowns
US Annual CPI Falls But Core Rises; S&P 500 Index Closes Below 4,000; Bitcoin Trading Below $28k; Flow Into JPY on Risk-Off Sentiment
US CPI data released today again came in higher than the consensus forecast, but the annualized rate drops from 8.5% to 8.2% giving hope inflation has peaked.
US CPI Release Due Today; Commodities Lower; Forex, Stock, & Crypto Markets Consolidate
The broad cryptocurrency market has seen its bearish trend ignite another volatile display of selling across the board early this week.
Stocks, Commodities, Cryptocurrencies Plummet Yesterday; US Dollar Gains, Mostly Against AUD & NZD; Markets Await US CPI Data Tomorrow
US Dollar Gains, Mostly Against AUD & NZD; Stock Markets Continue to Fall
Fed Expected to Hike by 0.50%, Quiet Markets Ahead of Release; ADP NFP Forecast Expected Later Today
RBA Hikes by 0.25%, Aussie Soars; S&P 500 Rebounds Near 1-Year Low; NZD/USD Falls to New 10-Month Low; Forex Market Consolidates
NZD/USD Falls to 10-Month Low; Greenback Continues Advance, Kiwi/Aussie/Euro/Yen Weakness; USD/JPY Back Above ¥130; Stocks Mixed
Advance US GDP data indicates that the US economy shrank for the first quarter in almost 2 years.
USD/JPY Almost at ¥130 as BoJ Leaves Stimulus Unchanged, EUR/USD Hits New 5-Year Low, European Currencies and Yen Weak; Stocks Recover; Commodities Advance
EUR/USD Hits 5-Year Low, US Dollar and Yen Gain, European Currencies Weak; Stock Markets Sharply Lower Yesterday on Poor Growth Outlook; Australian Inflation Higher Than Expected
US Dollar Gains Heavily, European Currencies Weak; Stock Markets Bounce Back; Bitcoin Finds Support
Risk Sentiment Deteriorates; Stocks, Commodities Drop; Positive Real Yields on 10-Year US Treasuries