Forex News

The US Dollar (USD) trades on the back foot against its major peers on Monday as traders trim safe-haven positions amid improving market sentiment after the United States and Iran agreed on a framework peace deal that would reopen the Strait of Hormuz. The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, ...

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 ...

Israel's Prime Minister Netanyahu: Israel to remain in security zones in Gaza and Syria, and will continue to thwart threats in the region.

Kevin Warsh will preside over his first interest rate-setting meeting as Federal Reserve chair on Wednesday, when the central bank is expected to hold rates steady. All eyes will be on Warsh as Fed watchers try to discern his views, his personal credibility, and how he will position the Fed in the current landscape. The committee is facing hotter inflation ...

*US OIL RESERVE HITS 43-YEAR LOW AS TRUMP AIMS TO TAME GAS PRICE

Financial media, academic work and analyst reports are replete with references to a multipolar international currency system, including discussions about the fate of dollar dominance and prospects for alternatives. But what is a multipolar currency system? There is no uniform definition, and this article does not seek to create one. Analysts should be ...

TRUMP ON IRAN: THE DEAL'S ALL SIGNED TRUMP: STRAIT COMPLETELY OPENED ON FRIDAY TRUMP ON IRAN: WILL NOT HAVE A NUCLEAR WEAPON

News has been driving a lot of price action lately, so we’ve updated the News page to make market‑moving stories easier to spot. A new Hot Stories block at the top of the page puts the market’s most active stories front and center as they unfold. Top comments for each story are displayed so you can quickly gauge community sentiment. Navigation arrows let ...

Senior US Official: Trump and Vance signed MOU, and so did the Iranian parliamentary speaker. US Official: US-Iran MOU provides for immediate Hormuz opening. Hormuz opening takes a little bit of time. Senior U.S. official: agreement ensures prompt reopening of Strait of Hormuz and removal of U.S. sanctions on Iran US official: anticipate rise in Hormuz flow within 1-2 weeks U.S. official: Clearing Iranian mines from the Strait of Hormuz will take time before it can reopen.

#Iran ’s Foreign Minister Araghchi: A meeting between heads of Iran and US negotiating teams will likely take place in Switzerland this Friday, where the Iran-US MoU is expected to be signed, followed by the first round of the following negotiations. pic.twitter.com/2GUMGLZDTJ

Fox Corp. will buy streaming giant Roku in a deal valued at $22 billion, the companies announced Monday. The deal will allow Fox to expand beyond its cable TV audience and into Roku's massive streaming user base, which includes 100 million U.S. households. Roku spun out of Netflix in 2008, with founder and CEO Anthony Wood focused on creating a streaming ...

Vice President JD Vance on Monday said after the U.S. and Iran struck a preliminary deal that there are “a lot” of details that remain to be ironed out, but he expressed confidence that America has “all the cards” in subsequent talks. The agreement reached Sunday would extend the U.S.-Iran ceasefire for 60 days and set up a framework for future negotiations ...

Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index ...

The US and Iran have reached an agreement to end the war for at least 60 days, prompting a big move in risk appetite as traders look ahead to a big week for central banks, including the BOJ and RBA tonight. 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 ...

The industrial production in the United States increased by 0.1% in May compared to April, according to the latest report by the Federal Reserve Board on Monday. On a yearly basis, the industrial output improved by 1.7%. Manufacturing was stable compared to April, but rose by 1.4% year-on-year, mining added 1.3% and 2%, respectively, and utilities fell by ...

Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz. They are going along the Southern “Highway,” which is totally safe, secure, and pristine. There are other areas of travel, also!!! President DJT

SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial public offering in history. Shares of SpaceX were around 6% higher at the start of premarket trading, hovering around the $170 mark. SpaceX jumped 19% on Friday with the stock closing at $161 after being priced at ...

After posting strong growth last month, business activity increased modestly in New York State in June, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index remained positive but fell fourteen points to 5.7. New orders and shipments both moved higher, and unfilled orders increased. Delivery ...

Total manufacturing sales rose 4.2% to $77.1 billion in April, following a 3.4% increase in March. Sales rose in 17 of the 21 subsectors, led by the petroleum and coal product (+22.6%) and food (+2.9%) subsectors. Sales of primary metals (-4.6%) declined the most. Total manufacturing sales excluding petroleum and coal products were up 1.4% on a ...

Wholesale sales (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) rose 0.6% to $89.3 billion in April. Sales increased in five of the seven subsectors, representing about 60% of total wholesale sales. The largest increases came from the building material and supplies subsector (+4.3% to $12.7 billion) and the ...

The six-month trend in housing starts was virtually flat in May, with a slight increase of 0.5% to 258,010 units, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. Actual monthly housing starts were down ...

Last Wednesday’s CPI report, while not a surprise, still showed a year-over-year inflation rate of 4.2% - higher than in any month since April, 2023. For investors, this raises a number of questions. First, is this the peak for U.S. inflation and, if it is, how fast will inflation fall from here? Second, are we looking at the right inflation rate, anyway, ...

After numerous false dawns, a deal has finally been struck. Today, we're look at how global assets have performed during the conflict, from the close before the first strikes on February 28th to last Friday's close. We'll also examine the shifts in 10-year government bond yields over the same period. The story is largely self-explanatory: a fascinating ...

The prospect of a deal between the US and Iran has bolstered risk-taking appetites today, even though the details are the agreement are not clear and Washington and Tehran seem to have different interpretations of what has been agreed. Brent and WTI are near two-month lows. Stocks and bonds have rallied. The dollar has been sold and the PBOC set the ...

The Ukraine war, trade tensions and the Iran-US conflict will be on the agenda as leaders of the Group of Seven (G7) countries are set to meet on Monday in the French town of Evian-les-Bains. United States President Donald Trump will join fellow world leaders at the summit after announcing a tentative deal with Iran to end the war.France holds the rotating ...

The GBP/USD exchange rate was little changed on Monday as traders embraced a risk-on sentiment after the Iranian memorandum of understanding (MOU) and as they waited for the upcoming Bank of England (BoE) and Federal Reserve interest rate decisions. It was trading at the psychologically important level of 1.3400, higher than this month’s low of 1.3310. Bank ...

In April 2026, compared with March 2026, seasonally adjusted industrial production increased by 0.1% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2026, industrial production grew by 0.4% in the euro area and by 0.8% in the EU. In April 2026, compared with April 2025, ...

The first estimates of euro area balance showed a €1.0 bn deficit in trade in goods with the rest of the world in April 2026, compared with a surplus of €8.7 bn in April 2025. The euro area exports of goods to the rest of the world in April 2026 were €255.4 billion, an increase of 5.0% compared with April 2025 (€243.3 bn). Imports from the rest of the world ...

IRAN SAYS DRAFT UNDERSTANDING ALLOWS FUTURE REVENUE COLLECTION IN HORMUZ ACCORDING TO TEHRAN, THE U.S. ACCEPTED AN IRAN-OMAN ROLE IN MANAGING MARITIME SERVICES AND ACKNOWLEDGED THE RIGHT TO IMPOSE NAVIGATION FEES AFTER 60 DAYS - FARS

European Central Bank policymaker Joachim Nagel said on Monday there would be no immediate relief from an energy-driven spike in inflation even if the Strait of Hormuz reopens soon because it will take months for oil supply to recover to its pre-war level. US and Iranian officials said overnight they have reached an agreement to end their war and reopen the ...