Forex News

US DOLLAR’S SHARE OF GLOBAL FX RESERVES HITS LOWEST LEVEL THIS CENTURY

Lenders reported that the availability of secured credit to households was unchanged in the three months to end-May 2026 (Q2). It was expected to increase over the next three months to end-August 2026 (Q3) (Chart 1). Lenders reported that the availability of unsecured credit to households increased in Q2 and was expected to decrease in Q3 (Chart 2). Lenders ...

Unified Command of Iranian Armed Forces: Any US interference in Strait of Hormuz will be met with ‘swift and decisive response' - Fars News

In May 2026 the number of employed and unemployed people decreased, while the number of inactive people increased. On a monthly basis, employment went down (-0.1%, -22 thousand) for both sexes and all age groups except for those aged 50 and over, for whom employment grew. Overall, the employment rate fell to 63.0% (-0.1 p.p.). In the last month, the drop in ...

Europe's top court on Thursday upheld Google 's fine of around 4.1 billion euros ($4.67 billion) over alleged anti-competitive practices. In 2018, the European Commission slapped Google with the record-breaking penalty on the grounds that it abused Android's mobile dominance to give unfair advantage to its own apps via pre-installation deals with smartphone ...

The total number of unemployed people registered at the offices of the State Public Employment Service (SEPE), at the end of June, has decreased by 28,739 people (-1.24%) in relation to the previous month. Compared to June 2025, year-on-year unemployment has decreased by 113,981 people (-4.74%). The total number of registered unemployed has reached ...

Dollar Falls Nearly 1% Against Yen in Sudden Swing Before Bouncing Back

Implied volatility for USD/JPY has surged ahead of today’s nonfarm payrolls (NFP) report, which is hardly surprising given its importance for Fed policy expectations and the potential for currency intervention by Japan’s Ministry of Finance (MOF). With the one-day implied volatility band sitting at 233% of its 20-day average, the options market is pricing a ...

Japan's tax revenue rose to 84.2 trillion Yen in FY ended March, posting a fresh record for the sixth straight year

Switzerland CPI (Y/Y) Jun: 0.5% (est 0.5%; prev 0.6%) - CPI (M/M): 0.0% (est 0.1%; prev 0.2%) - CPI Core (Y/Y): 0.3% (est 0.4%; prev 0.3%) - CPI EU Harmonized (Y/Y): 0.7% (prev 0.9%) - CPI EU Harmonized (M/M): 0.1% (prev 0.1%)

The Bureau of Labor Statistics has taken steps to address issues that led to the release of key economic data at improper times in 2024, though a watchdog said it has more work to do in establishing safeguards. A report by the Labor Department's inspector general looked at a trio of incidents in which economic data was either released early or late, or ...

Since publication of the last Financial Stability Report in June 2025, economic and financial conditions relevant for the Swiss financial sector have remained challenging, in particular because of the conflict in the Middle East, trade tensions, and the associated geopolitical and macroeconomic uncertainty. Thanks to substantial capital buffers, the Swiss banking sector is well placed to face this challenging environment. Overall, global economic growth was solid going into 2026, but has slowed somewhat since the escalation in the Middle East. Long‑term interest rates have increased against the backdrop of renewed inflationary pressure, due to the recent surge in energy prices, and high public debt in many advanced economies. In Switzerland, by contrast, both inflation and long‑term interest rates have remained at lower levels. In financial markets, the conflict in the Middle East has led to higher volatility, yet the overall reaction has been muted. Global stock prices temporarily declined but remain above the levels at the time of publication of the last Financial Stability Report. Furthermore, global corporate and sovereign credit risk premia temporarily increased to a moderate degree but remain at low levels. Residential real estate prices have Swiss National Bank Warns Current Capital Rules Do Not Adequately Cover Foreign Investment Risks SNB: UBS Capital Levels Adequate Under Proposed Requirements Including Reserves

Japan’s Ministry of Finance could step in abruptly to wipe out speculative yen positions: RTRS for at least 48 hours anyway

Japanese authorities are shifting toward a more targeted, unsignalled approach to currency intervention, aiming to squeeze speculators betting against the yen rather than telegraphing risks in advance, according to Reuters sources familiar with the matter. Where previous intervention was preceded by calibrated jawboning that gave traders room to unwind ...

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video Two weeks ago the Bank of Japan met and hiked its key rate to 1%, the highest level in 31 years. This week the Japanese yen hit its lowest level against the U.S. dollar in 39 years. So why is another rate hike by the BOJ, which left its policy door wide open to another rate hike this year, met by a selloff that pushed the yen to dollar rate below ...

Former Federal Reserve Governor Frederic Mishkin joins 'Squawk on the Street' to discuss Fed Chairman Kevin Warsh, interests rates and more.

The ISM Manufacturing Purchasing Managers Index (PMI) survey continued to reflect health in the U.S. manufacturing sector with a 53.3 topline reading in June 2026. This is the sixth consecutive expansionary reading for the survey’s topline metric and, although missing expectations, is down only moderately from May’s 54.0 result. A slowdown in the Production ...

The seasonally adjusted balance on goods decreased $4,401m in May. • Goods credits (exports) decreased $3,224m (6.9%) driven by Non-monetary gold and Metal ores and minerals. • Goods debits (imports) increased $1,177m (2.6%) driven by Non-industrial transport equipment and Civil aircraft and confidentialised items. • This is the second seasonally adjusted ...

USD/CHF heads into Thursday's session with two major catalysts on the calendar. Swiss inflation may influence expectations for the Swiss National Bank, but US non-farm payrolls are likely to dominate given their importance for Fed pricing. With the pair sitting in a bullish technical structure, the focus is on whether the data can provide the catalyst for ...

The Trump administration on Wednesday declined to extend the U.S.-Mexico-Canada Agreement, starting a decade-long clock to wind down the trade deal as it seeks changes to try to reshore manufacturing jobs and reduce U.S. trade deficits with its North American neighbors. The decision, announced after a six-year review of the North American free trade zone, ...

Just as I promised, Oil Prices are plummeting FAST, and Gas Prices at the pump are dropping too, but not as fast as they should be. As we approach America’s 250th Birthday, I am pleased to announce that a VERY smart Retailer, located throughout the Northeast, is stepping up, and wishing the People of Philadelphia a “Happy Birthday!” On July 3rd, the Freedom Fuel Network will be lowering gas prices at 25 “FREEDOM FUEL” Stations across the Greater Philadelphia Area. This Retailer is taking the lead, and others should follow. They are doing this because they love the U.S.A. We are proud to celebrate America’s 250th Birthday in the Great Commonwealth of Pennsylvania, the Birthplace of our very special, one-of-a-kind Declaration of Independence, and where I won BIG in the Presidential Election! America has never been stronger than it is now, and Gas Prices will soon be back to the Record Low Prices Americans enjoyed at the pump before our very successful “excursion” in Iran. Happy Birthday America! President DONALD J. TRUMP

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Randy Kroszner, former Fed governor, joins 'Squawk on the Street' to discuss the latest comments from Kevin Warsh, the family fight Warsh has mentioned and much more.

Key Facts: In May 2026, the seasonally adjusted number of new dwellings consented fell 4.0 percent, after rising 11 percent in April 2026. • In the year ended May 2026, the actual number of new dwellings consented was 39,737, up 19 percent from the year ended May 2025. • The annual value of non-residential building work consented was $8.7 billion, down 4.0 ...

JPMorgan has filed a motion to overturn a Wall Street regulator’s $4.25 million award to a broker who claims he was wrongly fired for ordering a deli platter on the company dime – a case that’s prompted other banks to try to crack down on jumbo judgements. In a late Monday filing in a California federal court, JPMorgan took aim at the Financial Industry ...

Poland just posted its largest annual jump in brokerage accounts on record, and a new FM Intelligence report sets out what that growth means for brokers weighing the country as a place to set up. The headline number is hard to ignore. Brokerage accounts reached 2.86 million in May 2026, up 713,711 in a year, putting the market on course to pass 3 million ...

In Part One, we shared some market wisdom from one of the greatest traders, Jessie Livermore. While Livermore’s name is not always mentioned alongside other great investors and analysts, such as Warren Buffett and Peter Lynch, his sage advice is priceless. Interestingly, much of what Livermore teaches his readers runs counter to what Warren Buffett and ...

Trump: Boats are coming out of the Hormuz Strait TRUMP: CUBA IS COMING OUR WAY AFTER MANY DECADES; SPAIN WILL LEARN AS SPANISH ARE NOT VERY GOOD NATO MEMBERS

Federal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the U.S. central bank to "discover" and start relying on real-time economic data that's superior to what he described as problematic government reports. "My aspiration is that nine to 12 months from now we're going to be using new technologies to understand what's happening in ...