Forex News

HFM, the global multi-regulated broker, has been recognised with two major industry accolades at The Trading Awards Africa 2026, winning Best Trading Conditions and Best Customer Experience following public voting by traders across the region. The trader-voted awards recognise HFM's continued investment in product innovation, competitive trading conditions ...

Treasury yields edged higher on Wednesday ahead of the latest producer price inflation print for June, due later in the session, as investors look for further insight on the U.S. economic picture after consumer inflation data came in cooler-than-expected in the previous session. The yield on the 10-year Treasury note — the main benchmark for mortgages, auto ...

US CENTCOM: : AT 6 A.M. ET TODAY, U.S. CENTRAL COMMAND FORCES BEGAN LAUNCHING A WAVE OF STRIKES AGAINST IRAN. - RTRS $CL U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming ‘forever war’ The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump warned military strikes would intensify next week if Tehran does not cooperate in peace talks. U.S. Central Command said in a post on X on Wednesday that it had begun launching a wave of strikes against Iran at 6 a.m. ET. “The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz,” it said. Centcom had carried out more strikes against Iran on Tuesday. Tehran, meanwhile, has launched attacks on multiple Gulf countries. In an interview with Fox News on Tuesday evening, Trump hinted that the conflict was more likely to intensify than de-escalate as a fragile ceasefire agreed last month continues to fracture.

The GBP/USD pair was flat today, July 15, as traders reacted to Kevin Warsh’s first statement in Congress and the US consumer inflation report. It was trading at 1.3387 as focus remains on US inflation and the Federal Reserve’s next actions. Federal Reserve and Bank of England Rate Hikes Odds The GBP/USD pair wavered as traders focused on the next actions ...

In May 2026, compared with April 2026, seasonally adjusted industrial production decreased by 0.2% in the euro area and by 0.1% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In April 2026, industrial production grew by 0.3% in the euro area and by 0.2% in the EU. In May 2026, compared with May 2025, ...

Iran’s Islamic Revolutionary Guard Corps has threatened to close “all other export corridors that benefit the US and its allies”, Iranian media reported, after Iran shut the Strait ​of Hormuz and the US reimposed a naval blockade of Iranian ports. “Regional energy exports are either shared by all, or denied to all,” the IRGC said in a statement carried by ...

PBOC TO ENSURE MARKET PLAYS KEY ROLE IN DETERMINING YUAN RATE PBOC COMMITS TO MARKET-DRIVEN YUAN RATE **Key Points:** - China's central bank vows to let market forces play a key role in determining the yuan's exchange rate - Signals a shift toward reduced intervention in FX pricing - Move comes amid ongoing trade tensions and currency…

Just in | ECB's Nagel Affirms Current Interest Rates are Optimal Following June Review Just in | ECB's Nagel Advocates Cautious Yet Decisive Approach to Monetary Policy

#CHINA JAN.-JUNE AGGREGATE FINANCING CNY20.84T; EST. CNY21.190T - BBG *CHINA JAN.-JUNE NEW YUAN LOANS CNY10.72T; EST. CNY11.060T *CHINA JUNE M2 MONEY SUPPLY RISES 8% Y/Y; EST. +8.5%

IRAN'S ARMY SAYS THEY WILL RESPOND TO U.S. ATTACK - TASNIM - RTRS

Alleged JPMorgan sex slave Chirayu Rana scored a major win in Manhattan court Tuesday when a judge said he could move his case from state to federal court — giving him a do-over after months of unfavorable rulings. “Contrary to the defendant’s contentions, there have been no findings of fact to suggest that [Rana] has acted in bad faith, engaging forum ...

China's growth slowed to 4.3% year-on-year in the second quarter, the slowest quarterly pace since the pandemic. Though June saw better industrial production and retail sales, the investment slump worsened. Weak domestic demand also weighed on overall momentum. Growth remains within the target range, but pressure for policy support may be increasing China's ...

ECB’s Kocher: no secondary effects observed at present The ECB will take appropriate action to ensure inflation returns to 2% in the medium term, Kocher said.

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The euro strengthened above $1.14 against the US dollar on Wednesday after unexpectedly weak US inflation data reduced expectations that the Federal Reserve would raise interest rates in July. The single currency traded near $1.1433 in early Asian dealings, extending its advance from the previous session. The euro (EUR/USD) rose about 0.1% to $1.1433, after ...

China's economy slowed in the second quarter of this year, expanding at a 4.3% annualized pace, the government said Wednesday. The April-June data was weaker than the 5% growth recorded in the January-March quarter, despite strong growth in exports thanks partly to the boom in artificial intelligence, and robust demand for Chinese electric vehicles. China ...

China’s statistics bureau said replacing old economic growth drivers with new ones is a gradual process that cannot happen immediately.

The deputy head of China’s statistics bureau said the economy remains stable and resilient despite a Q2 slowdown. China’s CPI and PPI are staying in reasonable ranges despite widespread global price increases, according to the statistics bureau deputy head.

Billionaire Elon Musk likely broke Wisconsin law when he handed out $1 million checks to voters in the 2025 state Supreme Court election, a bipartisan panel has found. The Wisconsin Elections Commission last week referred two complaints to the Brown County district attorney’s office, which can choose to bring criminal charges over violating the state law ...

CENTCOM confirmed the completion of additional strikes against Iran conducted at 10 p.m. ET, July 14. CENTCOM said U.S. aircraft, unmanned drones and naval assets fired precision weapons targeting Iran’s missile and drone sites.

In the first half year, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments fully implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring ...

The Bank of Japan's shock introduction of negative rates in 2016 drew intense criticism from within the board with some blasting it as half-baked and a risky move that could trigger a currency war with Europe, policy meeting minutes showed on Wednesday. The decision, which was approved by a 5-4 vote, highlighted the resistance former BOJ chief Haruhiko ...

Chinese refiners largely stopped competing for Middle Eastern crude during the Iran conflict, leaving more Gulf cargoes available to Europe, India, and the rest of Asia just as traders prepared for a supply shock. The International Energy Agency (IEA) estimates China drew 41 million barrels from crude inventories during June, one of the largest monthly ...

US Federal Reserve Chair Kevin Warsh on Tuesday committed to tackling stubborn inflation in hawkish comments that investors took as a signal borrowing costs are likely to stay higher for longer. Warsh sidestepped questions about whether the Fed would raise rates, even though lawmakers pressed him. But he again emphasized the Fed’s goal of price stability ...

The total value of machinery orders received by 280 manufacturers operating in Japan increased by 9.5% in May from the previous month on a seasonally adjusted basis. Private-sector machinery orders, excluding volatile ones for ships and those from electric power companies, decreased a seasonally adjusted by 12.4% in May. tables charts

The US dollar retreated after softer-than-expected US inflation data sparked a risk-on move across financial markets, helping gold rebound from the key 4,000 support level. However, mixed futures positioning, rising short interest and a fragile technical backdrop suggest the precious metal's recovery may still face headwinds if the US dollar resumes its ...

Goldman Sachs Group Inc. trounced its own Wall Street stock-trading records, posting $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility around artificial intelligence and war in the Middle East. The firm’s second-quarter results mark the third consecutive quarter in which the firm’s equities unit has set an all-time record ...

TRUMP: IRAN STRIKES WILL CONTINUE UNTIL HE SAYS ENOUGH; REPEATS HORMUZ MUST REMAIN FREE AND OPEN; STATES IRAN OBJECTIVES ARE NOW COMPLETED; SAYS U.S. IS BEATING IRAN BADLY Trump: will preserve energy objectives in Iran until the end TRUMP: WILL NOT STRIKE IRAN IF TEHRAN COMES TO NEGOTIATING TABLE; WILL HIT IRAN AGAIN TOMORROW NIGHT; NEXT WEEK TO TARGET IRAN'S POWER PLANTS AND BRIDGES; ULTIMATELY WILL STRIKE IRAN'S ENERGY TARGETS Trump: U.S. conducted discussions with Iran on Tuesday

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 ...

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 ...