Forex News

Rising US and global bond yields, combined with geopolitical risk and higher energy prices, have supported the US Dollar, while expectations of a Federal Reserve rate rise have also underpinned demand. The DXY is approaching its prior peak at 101.80, and a move above that level would add to upward momentum. In rates markets, the overnight index swap pricing ...

Us President Trump: Iran Problem Disappearing, No Great Power Anymore *trump, Asked About Iran Exit Strategy: There Are A Lot Of Them *trump: On Iran, We Could Make A Deal Or Hit Them Harder Trump: I haven't made decision on major strikes on Iran. I think iran getting more serious in talks as days go by. Trump: I'm In No Hurry Over Iran Despite What's Said Of The Election.

U.S. President Donald Trump's latest set of tariffs drew objections Friday from America's trading partners including China and Japan, with Australia's trade minister slamming them as “completely unjustified.” The administration announced tariffs of 10% to 12.5% on 60 economies late Thursday, saying the countries had failed to adequately enforce a ban on ...

Markets have been dealing with first one conflict; and, then, a second one over the past 18 months, and those two battles coalesced into a two-front war this week. The older of the two—the U.S. trade war—leapt back into the forefront with the Administration threatening a usurious 50% tariff on US$20 billion of Canadian exports, followed shortly by ...

Edward Yardeni, Yardeni Research president, says the Federal Reserve may need to raise rates three times to solve the inflation problem. He speaks on "Bloomberg Money."

The European Union is at it again and, as usual, taking direct aim at GREAT American Companies! After having fined Apple, for no reason at all, 15 Billion Dollars, Meta, 3 Billion Dollars, Amazon 2.5 Billion Dollars, and many others, we have just been informed that Google, a truly advanced and amazing group, has been fined yet another 1 Billion Dollars, without explanation. This brings the Google total to over 18 Billion Dollars! This illegal and highly discriminatory practice started at these high levels during the first year of the Sleepy Joe Biden Administration, but it’s not going to continue during the Trump Administration. The United States of America is not a “PIGGYBANK” for Europe, nor will we allow it to be! Please let this TRUTH serve to represent that we will immediately initiate a 301 Investigation into the practice of “ROBBING” American Companies and, in turn, the American Taxpayer. The European Union will pay a very big price for this illegal and highly unethical conduct, which I have consistently warned them about. The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment. Stay tuned! President DONALD J. TRUMP

USD/CHF is attempting to register a fifth consecutive daily advance after rebounding sharply from the July opening-range low, carrying the pair towards a major technical inflection zone. The rally is pressing the upper bounds of the yearly uptrend, where multiple resistance studies converge and the risk of a larger reaction increase. A decisive close above ...

Federal Reserve Chairman Kevin Warsh wanted a central bank that talked less and let the data speak. Now, markets are speaking for him - loudly. A sharp Treasury selloff has pushed some longer-dated yields ​to their highest levels since the financial crisis and is raising the question of whether larger moves will become the "new normal" now that the Fed has ...

President Xi, at our recent meeting in Beijing, China, told me that he would not, under any circumstances, give or sell Weapons to the Islamic Republic of Iran — And that statement included Chinese Companies. Considering our relationship, I take him at his word and, besides, l am doing him very big favors, also. Likewise, President Putin, despite the horrible War going on in Ukraine (The relationship remains, as it does with President Zelenskyy), told me that he would not sell Weapons to Iran. He understands that I do not sell Weapons to Ukraine, but to NATO Countries. They pay full price, and how those Weapons are distributed, I have no idea. Therefore, two major Countries that people speak of often in terms of Iran are, in my opinion, not participating. If they did, it would be very bad for them — Certainly not in their best interests. Thank you for your attention to this matter! President DONALD J. TRUMP

BREAKING: Pakistan and Iran explore a path towards new talks with the US in a China- initiated push - Sources. Pakistan is considering resuming stalled US-Iran talks to end their nearly five-month-old war, according to three Pakistani sources, following a push by China. Exploratory discussions took place during Iran's Interior Minister Eskandar Momeni's visit to Islamabad this week, his second in the last ten days, according to sources.

Gold is fast, liquid, and traded almost around the clock. It can move several dollars in seconds. That speed is exactly why gold trading slippage matters to every trader. Slippage is the difference between the price you ask for and the price you actually get. On XAU/USD, where prices jump during news and quiet sessions alike, that small gap can shape your ...

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2026. Sales of new single-family houses in June 2026 were at a seasonally-adjusted annual rate of 628,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of ...

Oil is coming off the boil this morning, but weekend escalation risks remain. Meanwhile, the yen is at 40-year lows, but the case for immediate intervention is potentially fading nonetheless. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, ...

US business activity growth accelerated at the start of the third quarter, according to provisional PMI® survey data, reaching an eight-month high and prompting firms to add staff for the first time in three months. Business confidence in the year-ahead outlook also rose to an eight-month high. However, the improvement was confined to services, while ...

The June Federal Open Market Committee (FOMC) meeting dispelled any fears about a potential politicisation of the Federal Reserve via the appointment of Kevin Warsh as its new Chair. The FOMC statement, and Warsh’s own commentary, emphasised a commitment to delivering price stability. The summary of economic projections, meanwhile, showed the FOMC split ...

In the business-related services sector, where confidence has risen for the third consecutive month, expectations concerning future activity and market demand have strengthened. In contrast to the last two months, assessments of current activity are also more positive. The business climate in the manufacturing industry remains virtually unchanged. Demand ...

Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), declined 1.4% month over month in June and gained 12.4% year over year. Meanwhile, prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), decreased 6.9% month over month and increased ...

While the industry spent the summer arguing about stablecoin reserves and DeFi certification schemes, the most consequential question in European crypto policy slipped in almost unnoticed. On May 20, 2026, the European Commission opened a targeted consultation on the review of the Markets in Crypto-Assets Regulation, and for the first time, Brussels is ...

Explosions heard in Jask, southern Iran - State TV

The price of crude oil is consolidating today after yesterday’s surge and this has taken some pressure off bond markets after several countries, including the US, saw 10-year yields rise to new highs for the year. The pullback in yields is also occurring despite unexpectedly strong preliminary July PMIs. Nevertheless, there are reports that suggest the ...

U.S. President Donald Trump said he will soon make a decision on whether to launch a “massive attack” on Iran after the conflict in the Middle East extended to a new battleground in the Red Sea. Speaking to Axios on Thursday, the president said the proposed strikes would be bigger than anything seen in the war so far, and that Iran has not “received enough ...

You don’t have to be much of a fortune-teller to note that there is continuing uncertainty both in the Finnish summer and in the global economy. On a chilly summer’s day like the one we’ve experienced this week, a Finn can simply stoke a fire in the sauna stove – problem solved. Unfortunately, there is no silver bullet to economic uncertainty. Rather than fanning the flames, we need to keep a cool head. We also noted this at the ECB Governing Council meeting in Frankfurt this week, where the effects of the protracted conflict in the Middle East on inflation and economic growth obviously dominated the discussion. We decided this time to keep interest rates unchanged. Our key policy rate therefore stays at 2.25%. Ecbs Rehn Urges Calm And Rational Thinking. ECB's Rehn: No sign of second-round effects

Ecb's Simkus: Risk To Inflation Is On The Upside Ecb's Simkus: $100 Oil Will Have Repercussions On Inflation Simkus: No Value In Rushing With A Decision Now Simkus: In September Again We'll Have Additional Inflation Data

AUD/USD had been trying to hold onto its recent recovery, but the tone has shifted. What looked like a relatively stable stretch has started to feel more fragile, and the change is not really about one sharp move so much as the way several pressures are beginning to align at the same time. That is what makes the pair more interesting here. The Australian ...

Beijing condemned fresh US tariffs imposed on China and 59 other countries over alleged forced labour concerns on Friday (Jul 24), and warned Washington against waging a trade war. The US levies range from 10 to 12.5 per cent, with China slapped with the highest rate. "We oppose all forms of unilateral tariff measures," Chinese foreign ministry spokesperson ...

The July 2026 DMP survey was conducted between 3-17 July 2026 and received 1,982 responses. Firms reported that their realised annual own-price growth was 3.8% in the three months to July, unchanged from the three months to June. Note that the DMP covers own prices from firms across the whole economy, not just consumer-facing firms. Year-ahead own-price ...

This Agents’ summary of business conditions (ASBC) summarises intelligence from the Bank’s Agents considered by the Monetary Policy Committee at its July meeting. The intelligence was gathered in the six weeks to end-June. Intelligence continues to suggest subdued growth in private sector real activity. Most intelligence was collected before the signing and ...

July data highlighted an increase in UK private sector output for the first time in three months, supported by a marginal upturn in new work. Moreover, the latest survey indicated that business activity expectations for the year ahead were the most upbeat since February. Input price inflation meanwhile eased further from April's recent peak. The latest rise ...

The eurozone private sector returned to growth in July, according to provisional PMI® survey data from S&P Global. Higher output reflected a renewed increase in new orders, with staffing levels also up accordingly. Meanwhile, inflationary pressures eased but remained pronounced. There was also a lessening of supply-chain disruption which helped ...

Gold extended losses on Friday after falling 2% in the previous session, as Brent crude’s move back above $100 a barrel stoked inflation concerns and strengthened the case for higher interest rates ahead of a Federal Reserve policy meeting next week. Spot gold eased 0.5% to $4,027.54 per ounce by 0523 GMT, with prices down more than $130 from a two-week ...