Forex News
From forex.com | 9 min ago
A hawkish Fed was the icing on the cake for a higher USD/JPY following the latest FOMC meeting. Yields rose alongside the US Dollar Index, which now proudly sits at a 14-month high and just above my 100.50 target. Futures traders were already positioned for a higher USD/JPY, with their gross short exposure to the Japanese yen reaching a record high last ...
This release refers to trade in goods only. In May 2026, compared with May 2025: Goods exports rose by $1.4 billion (18 percent), to $8.9 billion Goods imports rose by $1.7 billion (26 percent), to $8.1 billion the monthly trade balance was a surplus of $800 million. charts Goods exports rose by $1.4 billion (18 percent) in May 2026 (to $8.9 billion), ...
Iran's Ghalibaf: Our duty from the supreme leader is to advance the implementation of the agreement's terms and conditions IRAN'S TOP NEGOTIATOR QALIBAF WARNS ANY BREACH OF THE AGREEMENT OR EXCESSIVE DEMANDS WILL MEET A STRONG RESPONSE, VOWING NO HESITATION IN DELIVERING FORCEFUL RETALIATION IF COMMITMENTS ARE BROKEN.
From think.ing.com | 53 min ago
Recent tensions in the Middle East have brought the petrodollar debate back into focus. The immediate market question is whether disruptions to energy trade could accelerate the use of non-dollar currencies in energy-related transactions. That matters because any such shift would add to the broader debate about the global role of the dollar. Still, ...
From media.rabobank.com | 1 hr 31 min ago
It came as little surprise that the Bank of Englands MPC voted 72 to hold rates steady at 3.75%, particularly in the wake of the Memorandum of Understanding (MoU) between the US and Iran and the resulting plunge in oil prices. The UKs inflation outlook, and by extension its monetary policy debate, remains outsourced to events in the Middle East (figure ...
Trump: Oil is dropping like a rock
Instead of directing financial markets with its policy moves, Federal Reserve Chairman Kevin Warsh wants the markets to inform the central bank. "Financial market prices are probably the most important source of information to guide central bankers," Warsh said during a press conference on Wednesday. "But when all the financial markets are doing is ...
Institutional money is edging into prediction markets, with a slice of derivatives firms already trading event contracts and many more preparing to follow, according to research firm Acuiti. Nine percent of institutional derivatives participants now trade prediction markets, the firm said, while a further 35% are considering entry. Proprietary trading firms ...
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for April 2026. The next release, which will report on data for May 2026, is scheduled for July 14, 2026. The sum total in April of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $26.1 ...
SPREADS WIDENING ACROSS THE BOARD, POTENTIAL RATE CHECK FROM JAPANESE AUTHORITIES Suspected JPY intervention
From cnbc.com | 4 hr ago
The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with lackluster economic output. The hold, which was in-line with the expectations of economists polled by Reuters, was backed by seven of the nine monetary policy committee members in the BOEs May meeting. BoE ...
Iran's Supreme National Security Council: Based on the MOU with the US, no fees will be charged to ships transiting the Strait of Hormuz for 60 days - State Media. Iran's Supreme National Security Council: The Persian Gulf Strait Authority has been charged with issuing permits as fast as possible.
From finance.yahoo.com | 4 hr ago
The number of Americans filing claims for unemployment benefits fell last week, but remained at slightly higher levels, suggesting some moderation in the pace of job growth in June. Economists largely shrugged off the report from the Labor Department on Thursday, with some pointing out that the recent elevation in claims was likely due to seasonal ...
Trump says the US would back Israel if it attacks Iran - Israel Channel 14. TRUMP TELLS CHANNEL 14 THE US WOULD ABSOLUTELY BACK ISRAEL IN A STRIKE AGAINST IRAN IF ISRAEL WAS PROVOKED.
Iran's Supreme Leader Khamenei on MOU: I granted permission for it. Iran's Supreme Leader: Future in-person negotiations that are going to take place do not mean accepting the enemy's point of view - Post on X IRAN'S SUPREME LEADER SAYS IF THE AMERICAN SIDE WANTS TO BE TOO DEMANDING, WE WILL NOT ACCEPT IT
From think.ing.com | 5 hr ago
The US and Iran have signed a preliminary MoU outlining a ceasefire, some economic concessions and the reopening of the Strait of Hormuz, triggering market relief but marking only the start of negotiations rather than a final deal. Now its official. Last night, US President Donald Trump signed the Memorandum of Understanding (MoU) between the US and Iran ...
Today, U.S. forces lifted the blockade on all maritime traffic entering and exiting Iranian ports and coastal areas, in accordance with the President's direction. American forces are not impeding the transit of vessels to or from Iranian ports on the Arabian Gulf and Gulf of
From zerohedge.com | 6 hr ago
As widely expected, the FOMC kept the target range for the federal funds rate unchanged at 3.50 3.75% and dropped its easing bias. However, this decision was announced in an unusually short statement. The decision was unanimous, with Miran who repeatedly dissented because he wanted to cut was replaced by Warsh. The press conference was a clear break ...
The US and Iran signed to end their war on Wednesday (Jun 17), paving the way for a broader 60-day negotiation period due to begin in Switzerland on Friday. Titled the Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran, the agreement defers many of the most difficult issues, including how to wind down ...
Vance on Iran: 12.5 mln barrels of oil moved overnight. VANCE: NEARLY A DOZEN SHIPS HAVE GONE THROUGH US BLOCKADE || IRAN HONORING THEIR SIDE OF THE DEAL SO FAR VANCE SAYS ONLY WAY IRAN GETS BENEFITS IS IF THEY BEHAVE US VP Vance: Real divisions in Iran on how to proceed US VP Vance on Iran: The 60-day period begins today.
Markets are digesting yesterday's hawkish Fed meeting, driving the US dollar to 13-month highs and looking ahead to the potential for political uncertainty in the UK over the weekend, with big implications for Cable. 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 ...
From pimco.com | 8 hr ago
The Federal Reserve held the policy rate steady at 3.50%3.75% at its June meeting an outcome that was never really in doubt. The more interesting signals came from the Summary of Economic Projections (SEP), the policy statement, and Chair Kevin Warshs first press conference, which may prove to be his most substantial. The statement was simplified and ...
Working gas in storage across the United States stood at 2,759 billion cubic feet in the week ending June 12, the Energy Information Administration (EIA) revealed in its report released on Thursday. The figure marks a net increase of 73 billion cubic feet compared to the week before. On an annual level, the figure declined by 29 billion cubic feet. ...
From think.ing.com | 8 hr ago
On the face of it, the latest UK jobs report doesnt look so bad. The unemployment rate ticked down to 4.9%. Payrolled employment rose after three consecutive monthly declines (it increased by a marginal 2,000 workers). Average weekly earnings growth was higher than expected. But the details still look dovish for the Bank of England. And the report is ...
The Conference Board Leading Economic Index® (LEI) for the US increased slightly by 0.1% in May 2026 to 99.3 (2016=100), following a 0.2% increase in April. After these two consecutive increases, the LEI is down just 0.3% over the six months between November 2025 and May 2026, a much smaller rate of decline than its 1.3% contraction over the previous six ...
Yen watchers are on alert for the risk of intervention by authorities to prop up the currency after it hit its weakest level against the dollar since July 2024. Japans currency fell as much as 0.2% to 160.80 per dollar on Wednesday before trading at around 160.63 at 11:30 a.m. in Tokyo. The move overnight was driven mainly by a rally in the US currency as ...
From cnbc.com | 10 hr ago
The Swiss National Bank said on Thursday it is ready to intervene in foreign exchange markets if a rebound in demand for the safe-haven franc drives the currency higher. It came as the central bank left its main policy rate unchanged at 0%, in a move widely expected by markets, keeping borrowing costs well below those seen in other major economies. In a ...
The US supreme leader is concerned about getting oil flowing .
Tail wagging the dog Surely , the Fed is the primary source to offer its remit , not the markets .
From forex.com | 9 min ago
A hawkish Fed was the icing on the cake for a higher USD/JPY following the latest FOMC meeting. Yields rose alongside the US Dollar Index, which now proudly sits at a 14-month high and just above my 100.50 target. Futures traders were already positioned for a higher USD/JPY, with their gross short exposure to the Japanese yen reaching a record high last ...
From think.ing.com | 53 min ago
Recent tensions in the Middle East have brought the petrodollar debate back into focus. The immediate market question is whether disruptions to energy trade could accelerate the use of non-dollar currencies in energy-related transactions. That matters because any such shift would add to the broader debate about the global role of the dollar. Still, ...
From forex.com | 21 hr ago
The last time USD/JPY traded at these levels, the BOJ intervened. A hawkish shift from the Federal Reserve has seen markets rapidly reprice the US rates outlook, pushing Treasury yields and US dollar higher in the process. The result is a widening in interest rate differentials, helping propel USD/JPY back towards levels that previously forced the Ministry ...
From dailyforex.com | 37 hr ago
The British pound has been all over the place during trading here on Tuesday as we continue to squeeze right around the 200-day EMA. In fact, the 50-day EMA is here as well, so with all of that being said, I think we've got a situation where traders are looking at this as being essentially fair value between the 1.3250 level underneath offering support and ...
Institutional money is edging into prediction markets, with a slice of derivatives firms already trading event contracts and many more preparing to follow, according to research firm Acuiti. Nine percent of institutional derivatives participants now trade prediction markets, the firm said, while a further 35% are considering entry. Proprietary trading firms ...
Commodity Futures Trading Commission chair Michael Selig weighed into the perpetual futures debate in a Monday appearance on CNBCs Fast Money, defending his agencys decision to approve the asset domestically. Selig said that incumbents will always fear the future, but that the commission is looking to onshore products that are being developed ...
Most brokerage executives discussing Formula One sponsorships focus on branding, visibility, and customer engagement. Pepperstone Group CEO Tamas Szabo used the topic to make a much broader prediction about the future of business itself. According to Szabo, artificial intelligence is moving toward a future where machines create first and humans refine ...
Chris Brown showed up to court to defend himself against his former housekeepers claims she was viciously mauled at his L.A. home ... but the case was declared a mistrial shortly after it started ... TMZ has learned. The trial started Monday after a jury was selected in the lawsuit brought by Maria Avila, the housekeeper who said she suffered emotional and ...
If there were a primary mechanical task that traders undertake to be profitable, it would be seeking an edge. They study indicators, optimise position sizing, experiment with entries, and spend endless hours refining their systems. Yet one of the most powerful upgrades costs nothing. It is a belief. We are not talking about mindless motivational slogans or ...
A surprising percentage of the Market Wizards blew up at some relatively early point in their careers. They were immersed in markets and aggressive in their pursuit of opportunity and their eagerness and ambition led them over their skis. What was noteworthy among these expert traders--Paul Tudor Jones in the first Wizard book is a great example--is their ...
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