Forex News
American consumers and the Federal Reserve are being hit with another high-cost headache. The gusher of investment in data centers likely topping $700 billion this year to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive. Economists expect it will continue to push up ...
API inventory Moves 07/14 Crude -564,000 (exp. -2.7 million) Gasoline -1.664 million Cushing +238,000 SPR actual -9.2 million #oott #crudeoil #api #gasoline
From interest.co.nz | 1 hr 21 min ago
As more transparency has been brought to the Reserve Bank (RBNZ) with a change to its charter, the central banks chief economist Paul Conway says Monetary Policy Committee (MPC) members should be held to account for their views. It was important the public understood what each MPC member was thinking and how they were coming to their viewpoints when making ...
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2026. The next release, which will report on data for June 2026, is scheduled for August 17, 2026. The sum total in May of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $132.2 ...
Back in early February I was foolish enough to remark to a colleague that on the economic front things were looking more settled, and of course that was a good thing. We seemed to be in more stable times. I was expecting inflation to return to its 2.0% target in around April or May, and then we would need to assess what level of interest rate would keep it ...
U.S. President Donald Trump backtracked on plans to charge ships for using the Strait of Hormuz, saying Tuesday that Gulf countries would instead invest in the United States. Another wave of U.S. strikes on Iran, and Iranian attacks on shipping and American allies, left an interim peace deal in tatters. That agreement was supposed to reopen a waterway that ...
At 3 p.m. ET today, U.S. Central Command forces began launching an additional round of strikes against Iran to continue degrading Iranian capabilities used to attack commercial shipping in the Strait of Hormuz. The strikes are taking place as American forces prepare to resume the
*US: US FORCES PREPARING TO RESUME BLOCKADE AT 4PM ET
Today's consumer price inflation report for June was considerably softer than expected. US headline prices fell -0.4% month-on-month versus consensus expectations of a -0.1% outcome, while core inflation (ex-food and energy) was flat on the month versus expectations of a 0.2% increase. To three decimal places, it was a negative print of -0.017% MoM. As a ...
Good afternoon, and thank you for joining us today at the Board's third annual Financial Inclusion Conference. While I am unable to join you in person, I wanted to highlight the importance of financial inclusion in building a strong and stable financial system and an economy that works for everyone. Much of today's discussion will highlight how innovation enables financial inclusion. Banks are at the center of financial inclusion efforts, and one of the most powerful tools banks have to expand access and build a more inclusive financial system is through innovation. When banks innovate responsibly, they can build a faster and more efficient banking and payments system, lower costs, expand product availability to underserved consumers and businesses, and promote market competition. These outcomes advance financial inclusion by making useful, affordable financial services within reach of more Americans. Fed's Bowman: The Fed should not micromanage banks on issues like AI.
Iran IRGC: Must control the entire Hormuz Strait in wartime - IRIB Iran's IRGC: Targeted enemy weapons and parts storage in Bahrain and Kuwait. Just in | Iran's IRGC Declares No Oil or Gas Exports If US Remains in Region *IRAN SAYS US 'FULLY SHATTERED' MOU BY REIMPOSING BLOCKADE: IRIB $CL
From financefeeds.com | 3 hr ago
Kalshi has launched a professional-grade trading workstation that signals the companys ambitions to evolve beyond its retail roots and compete directly with established exchanges and professional trading platforms. The new desktop platform, called Kalshi Pro, introduces advanced order management, multi-market trading, professional charting and perpetual ...
Today, Board members discussed economic and financial developments and issues related to possible policy actions. In connection with this discussion, Board members considered discounts and advances made under the primary credit program (the primary credit rate) and discussed, on a preliminary basis, their individual assessments of the appropriate rate and ...
Gold and Bitcoin account for around 70% of all demo trades placed by new users on TradeLocker, while the two most traded forex pairs, EUR/USD and GBP/USD, represent less than 7% combined, according to new data released by the trading platform. The figures are based on activity from more than 100,000 users who have signed up for TradeLocker Demo since the ...
FED'S GOOLSBEE: SERVICES INFLATION ENCOURAGING TODAY; WOULD FEEL CONSIDERABLY MORE CONFIDENT IF PCE INFLATION MIRRORED CPI READINGS FOR SEVERAL CONSECUTIVE MONTHS CHI FED'S GOOLSBEE Q&A/KENOSHA: REPEATS, JOBS MARKET 'REMARKABLY STABLE WITHOUT BEING GOOD;' JOBS MKT NOT LEADING INDICATOR , POPULATION NOW KEY #Goolsbee #FederalReserve #economy
From finance.yahoo.com | 4 hr ago
US Treasuries surged as traders pulled back from bets on Federal Reserve interest-rate hikes after consumer prices data came in lower than forecast. The yield on two-year Treasuries which are sensitive to the near-term outlook for Fed monetary policy fell as much as 14 basis points to 4.14% and was headed for its biggest one-day decline since February. ...
Trump Tells Netanyahu To Move Forces Out Of Syria And Lebanon @axios
I am grateful for the opportunity to speak to you. Our focus in this conference is financial inclusion, and something that will likely have great consequences for financial inclusion and our economy more broadly in the years ahead is artificial intelligence (AI). As I have explored in a number of speeches over the past several years, AI has the potential to ...
From robinjbrooks.substack.com | 5 hr ago
The US is today reinstating its blockade of Iran. Thats good and is something Ive been pushing for in recent weeks. You cant possibly hope to have Iran negotiate in good faith if its exporting oil hand over fist. This post does a Q&A on Blockade 2.0, summarizing some of the key questions Ive been getting. The undertone of all the commentary - much as ...
TRUMP: I DON'T THINK ANYBODY SHOULD BE ABLE TO CHARGE A FEE FOR THE STRAIT TRUMP: GULF STATES ARE GOING TO INVEST IN U.S. AND I THINK THAT'S BETTER TRUMP ON IRAN SANCTIONS WAIVER: NO REGRETS TRUMP: GAVE IRAN A CHANCE BY LIFTING BLOCKADE BEFORE TRUMP SUGGESTS RUSSIA SANCTIONS BILL MAY INCLUDE IRAN AND HEZBOLLAH.
From financemagnates.com | 6 hr ago
ActivTrades' UK-regulated entity no longer owns two of the group's overseas units. According to the company's accounts for the year ended 31 December 2025, the group carried out a restructuring exercise to streamline its operations, under which the Bahamas unit and the Portuguese entity, which also runs branches in Sofia and Milan, were pulled out of the UK ...
*KUWAIT ENGAGING WITH 'HOSTILE' AERIAL TARGETS Intensity of explosions in Kuwait is so great that the sound can be heard from within Iraqi territory - Fars News citing Iraqi sources
EXPLOSION SOUNDS HEARD IN IRAN'S QESHM ISLAND, CAUSE UNKNOWN
Fed's Chair Warsh: Two parts of the Fed mandate are not in conflict. Fed's Chair Warsh: The labor market appears to be in pretty good balance. FED MEMBER WARSH SAYS MORE EFFORT IS NEEDED TO TACKLE INFLATION. Fed's Warsh: Not trying to take risks out of markets in normal times. Fed's Chair Warsh: There's no cruel choice between stable prices and full employment.
From bbc.com | 7 hr ago
Inflation in the US eased last month as the cost of filling up at the pumps fell, official figures show. Prices rose 3.5% in the year to June, according to the Bureau of Labor Statistics (BLS), down from 4.2% recorded in May. Gasoline prices decreased 9.7% last month, but are still much more expensive than a year ago. On Tuesday, the national average had ...
Fed's Chair Warsh: Right now, task forces are in discovery mode. Warsh on the task forces: "They get to share their views first" with the FOMC. But "there's going to be nothing held in secret here" Fed's Warsh: Any changes in balance sheet policy would be previewed. WARSH FROM THE FEDERAL RESERVE SAYS THE GOAL IS TO ELIMINATE POLITICAL INFLUENCE FROM THE CENTRAL BANK. WARSH STATES NO CHANGE IN COMMUNICATION STRATEGY REGARDING HIDING INFORMATION.
The Conference Board Leading Economic Index® (LEI) for Australia increased by 0.2% in May 2026 to 116.9 (2016=100), after a 0.3% increase in April. Over the six-month period from November 2025 to May 2026, the LEI for Australia increased by 0.6%, slowing from the growth rate of 2.4% recorded between May and November 2025. The Conference Board Coincident ...
Fed's Warsh: We want economic growth to be more broad-based. Fed's Chair Warsh: We want an increase in inflation to be more limited. Fed's Chair Warsh: This isn't a time for the Fed to pass the buck on inflation. Fed's Warsh: Fed is making a commitment on price stability, 2% goal on inflation. Fed's Chair Warsh: The Fed has the tools to deliver price stability.
The Conference Board Leading Economic Index® (LEI) for the United Kingdom fell by 0.5% in May 2026 to 74.6 (2016=100), after decreasing by 0.3% in April. As a result, the UK LEI contracted by 1.6% over the six-month period from November 2025 to May 2026, slightly greater than the rate of decline of 1.2% observed over the previous six-month period between ...
I'm starting to think these strikes are just a couple American sailors in a dinghy, beating up old fishermen on the shores of Hormuz.
American consumers and the Federal Reserve are being hit with another high-cost headache. The gusher of investment in data centers likely topping $700 billion this year to power artificial intelligence has made memory chips, computer processors and other equipment, as well as electricity, more expensive. Economists expect it will continue to push up ...
From interest.co.nz | 1 hr 21 min ago
As more transparency has been brought to the Reserve Bank (RBNZ) with a change to its charter, the central banks chief economist Paul Conway says Monetary Policy Committee (MPC) members should be held to account for their views. It was important the public understood what each MPC member was thinking and how they were coming to their viewpoints when making ...
From dailyforex.com | 12 hr ago
We have reached what is obviously an interesting moment in general for the Forex market and particularly for this currency pair, as GBP/USD ascends to near the top of its two-month range before making a clear break with the short-term trend and starting to move lower in an orderly way. This is coinciding with two other potentially pivotal events which will ...
From forex.com | 43 hr ago
The Australian dollar enters the week on uncertain footing after its recent recovery began to lose momentum. Australian consumer and business sentiment will be monitored, but the spotlight falls on Tuesday's US CPI report and Fed Chair Kevin Warsh's congressional testimony. While CPI is likely to drive markets, traders will also be listening for any fresh ...
From financefeeds.com | 3 hr ago
Kalshi has launched a professional-grade trading workstation that signals the companys ambitions to evolve beyond its retail roots and compete directly with established exchanges and professional trading platforms. The new desktop platform, called Kalshi Pro, introduces advanced order management, multi-market trading, professional charting and perpetual ...
Gold and Bitcoin account for around 70% of all demo trades placed by new users on TradeLocker, while the two most traded forex pairs, EUR/USD and GBP/USD, represent less than 7% combined, according to new data released by the trading platform. The figures are based on activity from more than 100,000 users who have signed up for TradeLocker Demo since the ...
Seems Norwegian soccer star Erling Haaland is starting to feel more cowboy than Viking ... after spending weeks in the United States for the 2026 FIFA World Cup, he decided to bring home some cowboy keepsakes from Texas ... and they weren't cheap. A manager for Wild Bill's Western Store in Dallas tells TMZ ... Haaland and four other Norwegian soccer players ...
A former Long Island nurse who raked in $1.5 million selling fake vaccine cards during the COVID-19 pandemic was slapped with a record-breaking $544,000 fine from the state. Ex-Amityville practitioner Julie DeVuono, 53, who pleaded guilty to forgery and money laundering back in 2023 was hit with the massive penalty for a large-scale scheme where she ...
From stlouisfed.org | 24 hr ago
Monetary policymakers are sometimes accused of being too quick to tighten monetary policy out of concern that a strong labor market or rapid economic growth will cause higher inflation. An often-cited exception occurred in 1996 when Federal Reserve Chairman Alan Greenspan resisted calls to raise the Federal Open Market Committee (FOMC) policy rate despite ...
Momentum is one of the most useful things a chart can tell you. Not just which way price is moving, but how quickly. The rate of change indicator (ROC) is built for exactly this. It turns raw price movement into a simple momentum reading you can act on. In this guide, you will learn how to trade with the rate of change indicator (ROC) from the ground up. We ...
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