EUR/USD

The European Central Bank (ECB) has selected 36 payment service providers (PSP) from across the euro area to participate in the digital euro pilot. The pilot exercise is crucial for testing the digital euro’s technical functionality and operational processes, as well as for refining user experience. The pilot aims to support the ongoing preparatory work for ...

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 ...

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.

Kalshi has launched a professional-grade trading workstation that signals the company’s 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 ...

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

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 ...