Forex News

Seasonally adjusted total billings in New Zealand were $4.7 billion in May-26. Annually, this was an increase of 5.1 percent from May-25 (Figure 1). • Seasonally adjusted domestic billings on New Zealand issued cards were $4.0 billion in May26, up 1.9 percent from April-26, and up 3.3 percent from May-25. • Overseas billings on New Zealand issued cards were ...

Last week, Kevin Warsh did his best to stay behind the curtain and deliver on his promise of a quieter Fed. The FOMC statement was cut by more than half, to 130 words; Warsh did not participate in the Summary of Economic Projections, which includes the dot plot, and at the press conference, he refused to elaborate on monetary policy or inflation beyond what ...

A joint statement from Qatari and Pakistani mediators confirmed the conclusion of constructive US-Iran talks in Switzerland, establishing a high-level political oversight committee and a strict 60-day roadmap to reach a final peace deal. According to a joint statement issued by the Qatari Foreign Ministry on behalf of mediators Qatar and Pakistan: • The ...

Iran’s foreign minister states that sanctions on oil and petrochemical exports are waived, the blockade has ended, frozen assets are partially released, and a large reconstruction program has started. *ARAGHCHI SAYS TALKS DELIVERED MAJOR PROGRESS TO END LEBANON WAR

AUD/USD enters a pivotal week as Australian and US inflation data test the pair's resilience around the 70c level. A growing case for an extended RBA pause contrasts with a hawkish Federal Reserve and elevated US inflation expectations. With key inflation and employment data due, traders may soon gain greater clarity on whether AUD/USD can stage a recovery ...

IRNA: Iran says the Swiss negotiations saw positive progress regarding the implementation of obligations by the other side. Iranian Foreign Ministry spokesperson says discussions included laying the groundwork for future negotiations toward a final agreement. Iran says the agreed text will be presented as the official document of understandings reached in 18 hours of negotiations. Iran's foreign ministry spokesperson: mechanism agreed for safe passage of ships through Strait of Hormuz

BoJ Deputy Gov Himino: Delaying adjustment in monetary easing risks price overshoot BOJ DEPUTY GOV HIMINO: CENTRAL BANK TO CLOSELY WATCH EFFECTS OF HIGHER POLICY RATES ON FIRMS, FAMILIES ...

“Toy Story 5” has ignited the box office with $312 million globally, ranking as the largest opening weekend in Disney and Pixar’s storied animated series. Those ticket sales include $152 million overseas as well as $160 million domestically. The franchise’s prior record-holder was 2019’s “Toy Story 4” with $120 million internationally and $238 million ...

JAPAN FINMIN KATAYAMA DECLINES TO COMMENT ON SPECIFIC FX LEVELS BUT SIGNALS READINESS TO RESPOND APPROPRIATELY TO CURRENCY MOVES AT ANY TIME.

The ongoing threat of BOJ intervention and headline-driven environment created by peace negotiations in the Middle East have clouded the picture as to what's driving USD/JPY right now. That's evident across the correlation matrix above where relationships vary considerably across both markets and timeframes. However, one thing that stands out, at least over ...

Developments in the Middle East remained the key focus for markets into the end of last week. Iran delayed the start of negotiations with the US amid increased fighting in southern Lebanon, initially supporting oil prices and the US dollar before both retraced on news of a new ceasefire. US cash markets were closed for a public holiday, while S&P futures ...

President Trump raged at Iran Sunday, just as Vice President JD Vance was meeting with negotiators — warning that the US would hammer the Islamic Republic if it didn’t open the Strait of Hormuz and rein in its terrorist proxies. The most explicit warning was aimed directly at Tehran’s diplomats in Switzerland, “You won’t even make it back to your f–king ...

The headline in the Corrupt and Failing New York Times: “What Changed After Almost 4 Months of War? Analysts Say Not Much.” REALLY? Their Military is DONE, their Navy is GONE, their Air Force is GONE, their Launching Pads, Missiles, Drones and Manufacturing of same, is almost GONE, their top two sets of Leaders are GONE, their Inflation is at 250%, their Economy is BROKEN, their Soldiers aren’t being paid, the Hormuz Strait is OPEN, THE OIL IS GUSHING, and the U.S. Stock Market and Jobs are at record HIGHS. That’s what’s CHANGED, you corrupt and unethical cowards, and MORE!!! President DJT

After spending Trillions of Dollars on NATO, Italy, and its Prime Minister, wouldn’t even think of becoming involved with the Islamic Republic of Iran and their very serious Nuclear Threat. For decades, we defend them but, when tested, they are not there to defend us, and the rest of the World. Not good! President DONALD J. TRUMP

Federal Reserve Chairman Kevin Warsh’s first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually everything done to set policy and the approach used to get there. Following his first meeting at the helm Wednesday, Warsh outlined the plan — a sprawling, ambitious endeavor entailing five task forces that will ...

British Prime Minister Keir Starmer was considering his political future on Sunday, after rival Andy Burnham’s decisive election victory in parliament prompted more ministers in the governing Labour Party to call for him to go. Struggling with some of the lowest popularity ratings for any British leader in modern political history, Starmer could decide as ...

Iran’s chief negotiator Mohammad Bagher Ghalibaf on Sunday warned the United States against making threats at the Islamic republic, vowing that “our armed forces are ready to respond”. “Don’t they think that if their threats had any effect, they would not have reached today’s state of desperation? We do not take American threats into account,” said ...

Keir Starmer will resign as Prime Minister of The United Kingdom. He failed badly on two very important subjects- IMMIGRATION AND ENERGY (OPEN NORTH SEA OIL!). I wish him well! President DJT

Iran must immediately stop their highly paid PROXIES in Lebanon from causing trouble. If they don’t, we’ll hit Iran very hard again, just like we did last week, only harder!!! President DONALD J. TRUMP

Nearly every Democrat in the Senate opposed Kevin Warsh’s nomination as Fed chair mainly because they said he would be a tool of the man who appointed him, President Trump. This past week, Warsh made them look downright foolish. Yes, the knock on Warsh was that he would deliver lower short-term rates to goose the economy as the midterms approach, despite ...

Vice President JD Vance jetted to Switzerland on Saturday, aiming to discuss a peace deal with Iran as tensions continue to boil over the Strait of Hormuz. His high-stakes mission follows a volatile week of interrupted negotiations and a 60-day ultimatum from President Trump, who has threatened to levy tolls on the critical waterway if a deal is not ...

Happy Father’s Day! Our Country is doing GREAT. Record Jobs Numbers and Stock Market, BEST ECONOMY EVER! Greatest Military in the World, by far. We are WINNING on all fronts, WINNING LIKE NEVER BEFORE. GOD BLESS YOU ALL!!! President DONALD J. TRUMP

The US and Iran issued conflicting accounts of conditions in the strait of Hormuz on 20 June, with Tehran saying it has closed the waterway, while Washington said commercial shipping continues to transit. Iran's claim — carried by the IRGC-affiliated Tasnim news agency and citing the Khatam al-Anbia Central Headquarters — said the strait had been closed to ...

Britain's Observer newspaper said British Prime Minister Keir Starmer was expected to resign on Monday and set out a timetable for his departure, though a government source said Starmer remained focused on getting on with the job of governing. The threat to Starmer's position, which has been building for months, increased sharply on Friday when his rival ...

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference Wednesday, new chair Kevin Warsh began to reverse some of those steps. ...

President Donald Trump on Saturday lashed out at Italian Prime Minister Giorgia Meloni, insisting that she asked “over and over” for a photo with him at the recent Group of Seven summit and criticizing what he said was Italy’s lack of cooperation during the Iran war. The remarks deepen the spat that began this week with the Republican president’s interview ...

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference Wednesday, new chair Kevin Warsh began to reverse some of those steps. ...

There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired, unless they are imposed by and for the United States of America, should the deal not be completed, for services rendered as the Guardian Angel to the countries of the Middle East for purposes of both past, present, and future reimbursement of costs. Thank you for your attention to this matter!!! President DJT

The US military said Saturday it remained “present and vigilant” in the Strait of Hormuz, shortly after Iran announced it was closing the critical shipping lane. “US forces remain present and vigilant to ensure all aspects of the agreement with Iran are adhered to, obeyed, and in full force and effect,” US Central Command (CENTCOM) said in a statement. ...

Last week was momentous. There was a fragile 60-day de-escalation during negotiations between Washington and Tehran. However, the allies of both (Hezbollah and Israel) continue to clash, stalling talks. Still, oil prices tumbled 7-9%. At the same time, a new era at the Federal Reserve has begun. The new chair eschews forward guidance, and this was reflected ...