Forex News

Israel and Hezbollah have agreed to a ceasefire set to begin at 4pm local time (9pm, Singapore time) on Friday (Jun 19), a senior US official told Reuters. “Hezbollah and Israel have agreed to a ceasefire,” the official said on background, adding that negotiators for the US and Qataris worked out the deal with help from Iran. “We understand that after the ...

*HEZBOLLAH WILL RESPOND IF ISRAEL VIOLATES TRUCE: AL JADEED TV *LEBANON'S AL JADEED TV CITES PEOPLE IN HEZBOLLAH ON TRUCE Two Hezbollah Sources: As soon as we got word of the ceasefire, we applied it from our end. HEZBOLLAH OFFICIAL: NO NOTIFICATION RECEIVED YET ON CEASEFIRE TIMING

IDF SPOKESMAN SAYS IDF TO CONTINUE ATTACKS AS LONG AS NEEDED ISRAELI MILITARY SPOKESMAN: TROOPS ON THE GROUND IN LEBANON HAVE FREEDOM TO ACT AGAINST THREATS ISRAELI MILITARY SPOKESMAN: WHEN ASKED WHETHER ISRAEL WILL STRIKE IN BEIRUT: WE RESPECT AGREEMENTS, ACT ACCORDING TO INSTRUCTIONS FROM ISRAEL'S LEADERS ISRAELI MILITARY SPOKESMAN SAYS ISRAELI FORCES WILL STAY IN THE 'BUFFER ZONE' AS LONG AS ISRAELI CITIZENS ARE UNDER HEZBOLLAH THREAT

Israel and Hezbollah have agreed to a ceasefire at 4 p.m. local time on Friday - Senior US Official. A senior U.S. official tells me: Israel and Hezbollah have agreed to a renewed ceasefire in Lebanon starting at 4pm Iocal time. The new agreement was brokered by the U.S. and Qatar after talks with Israel and Iran

IRAN: US BEARS RESPONSIBILITY FOR ISRAEL ACTIONS IN LEBANON Iran warns of 'consequences' for Israeli strikes in Lebanon Iranian Foreign Ministry spokesperson Esmail Baghaei (pictured) condemned the latest Israeli attacks in Lebanon on Friday, claiming that there will be "serious and immediate consequences" for Israel's "continued war-making on regional peace and security." The Iranian spokesperson also stated that the United States bears "direct responsibility" for the attacks and referred to the recently signed memorandum of understanding, which indicated that the ceasefire in Lebanon was an "integral" part of the agreement between the US and Iran. He added that Tehran will "take all necessary measures to protect its interests, security, and rights and those of its allies."

The War has diminished Iran! It doesn’t, any longer, have an Air Force, a Navy, Antiaircraft Equipment, Radar, or practically anything else, and yet the Dumocrats say that Iran is better off now than it was four months ago. Can you imagine getting away with that??? How stupid can some people be??? President DJT We didn’t meet out of desperation, Iran did. They are FINISHED! We’ll play out the 60 days. They get no money, not ten cents!

Retail sales increased 0.5% to $73.0 billion in April. Sales were up in five of nine subsectors, led by increases at gasoline stations and fuel vendors. Core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, were down 0.7% in April. In volume terms, retail sales were unchanged in April. The largest increase ...

UK retail sales excluding fuel rose 4.6% year on year in May, beating the 3.3% market expectation. The outturn points to firmer annual momentum in the core retail category than forecasters had anticipated. On this measure, the upside surprise was 1.3 percentage points versus consensus. The data add to evidence of resilience in consumer-facing activity, ...

The surprisingly hawkish note struck this week by the Federal Reserve's new Chairman Kevin Warsh has prompted a step-change in sentiment toward the dollar DXY. Interest rate differentials are the chief determinant of currency trends and with expectations for U.S. interest rates now markedly higher, the dollar looks as though it is breaking out of its ...

IRAN'S PERSIAN GULF STRAIT AUTHORITY: TRANSIT REQUESTS MUST BE SUBMITTED AT LEAST 48 HOURS IN ADVANCE

Israel's Prime Minister Netanyahu: Israel won't tolerate attacks on soldiers & territory

The US dollar continues to see a lot of momentum against the Canadian dollar, as traders are finally trading the differences between the two economies, instead of simple Middle East headlines. The US dollar rallied a bit during the early part of the trading session here on Thursday, and it looks like it is about to break out to the upside against the ...

UK's PM Starmer: I will stand in any leadership contest UK PM Starmer, asked if he should set out an exit timetable: I am carrying out the mandate I was elected on

The Bank of Japan may raise interest rates twice by the end of the current fiscal year, after making a landmark shift in its policy focus toward mounting inflation risk, former board member Makoto Sakurai said on Friday. The central bank justified Tuesday's decision to raise its short-term policy rate to a 31-year high of 1 per cent to forestall the risk of ...

BoJ: Governor Ueda will come into office to work from June 23, continue treatment for about two weeks.

* #ECB CHIEF ECONOMIST LANE SPEAKS IN PARIS - BBG *LANE: ENOUGH COST RISES IN PIPELINE TO KEEP INFLATION ABOVE 3% *ECB'S LANE: HARD TO MAKE CASE THAT WE SHOULDN'T HAVE HIKED *ECB'S LANE: TAKING OUR TIME ON RATES MADE SENSE *ECB'S LANE: EURO-ZONE ECONOMY HAS STEADY MOMENTUM

The dollar’s momentum remained strong for a full session after Wednesday’s hawkish surprise. Overnight, DXY tested levels above 101.00, on track to have its best week since April 2024. We aren’t at all convinced this is the start of a broader USD appreciation cycle. The US-Iran peace deal removes a bullish argument for the dollar, and our macro team still ...

The Australian and New Zealand dollars were on the defensive on Friday as mounting wagers on US rate hikes boosted the greenback broadly, sending the kiwi to three-month lows. A hawkish swerve from the Federal Reserve has seen markets price in 38 basis points of tightening this year and shrunk the Antipodeans’ yield premium over Treasuries. That left the ...

REUTERS REPORT IRAN'S REVOLUTIONARY GUARDS SET UP SECRETIVE CELLS IN IRAQ TO CONDUCT DRONE ATTACKS ON KUWAIT, SAUDI ARABIA, UAE, SOURCES SAY (EXCLUSIVE) REUTERS

Borrowing - the difference between total public sector spending and income - was £23.3 billion in May 2026; this was £5.4 billion (30.4%) more than in May 2025, and £5.6 billion more than the £17.7 billion forecast by the Office for Budget Responsibility (OBR). Central government debt interest payable was £11.7 billion in May 2026; this was £4.1 billion ...

The quantity of goods bought (volume) in retail sales is estimated to have risen by 0.4% in the three months to May 2026 compared with the three months to February 2026. Non-food stores’ sales volumes rose, with department stores performing well in May because of the good weather. Also within non-food stores, computer and telecoms retailers continued to ...

The producer prices of industrial products were 2.2% higher in May 2026 than in May 2025. A larger year-on-year increase was last recorded in May 2023 (+2.5% on May 2022). The Federal Statistical Office (Destatis) also reports that producer prices in May 2026 were up 0.3% on April 2026.The increase in producer prices compared with the same month of the ...

ISRAEL STRIKES SOUTHERN LEBANON OVERNIGHT AS INTENSE FIGHTING CONTINUES; US-IRAN TALKS IN SWITZERLAND POSTPONED

The Israeli military said it hit Hezbollah targets across southern Lebanon overnight, with attacks still ongoing.

Bank of Japan Deputy Governor Himino used a Friday appearance to reinforce the bank's hiking bias while delivering a pointed message on the yen that markets would have been unwise to miss. The core message on rates was consistent with post-June meeting guidance: the BoJ expects to keep raising, with pace and timing calibrated against the evolving baseline ...

Perhaps the French had a twisted, cynical sense of humour when setting up Trump to sign the MOU with Iran at the Palace of Versailles this past week. Unlike June 1919, this MOU is a gift to an undefeated regime, but the future outcome could be similar. Many came to view the Treaty of Versailles as overly punitive and extractive in setting up WWII, but among ...

Japanese Finance Minister Satsuki Katayama is increasingly finding herself in an unenviable position on the foreign-exchange front. After deploying over 11.7 trillion yen ($72.8 billion) in foreign reserves to prop up the currency from April to May and the Bank of Japan raising policy rates to a more than three-decade high, the yen still languishes at the ...

The White House said Thursday night that Vice President JD Vance was delaying a trip to Switzerland, where he’d been set to lead a new round of negotiations with Iran over its nuclear program — raising questions about what’s next for the tentative agreement to end the war. The team led by Vance had been ready to leave but was postponing, the White House ...

BURNHAM WINS UK BY-ELECTION, PAVING WAY FOR LEADERSHIP BID

Torsten Slok, Apollo Global chief economist, joins 'Power Lunch' to discuss the latest Federal Reserve meeting, the stronger signal for the central bank and much more.