Forex News

DOLLAR/YEN BRIEFLY SEES SHARP DROP LAST UP 0.25% AT 162.34 Just in | Market Speculation Surrounds Potential JPY Intervention

Real gross domestic product (GDP) grew 0.5% in April, after contracting 0.1% in March, on strength in both goods-producing and services-producing industries. Goods-producing industries rose 1.2% in April, reflecting growth in most sectors and driven by mining, quarrying, and oil and gas extraction. Services-producing industries grew 0.3%, rising for the ...

This summer, two markets are running simultaneously: one financial, one sporting. While financial markets react daily to macroeconomics and geopolitics, the sporting market — currently represented by the football World Cup — unfolds across 16 venues in the US, Canada and Mexico, with 48 nations competing for a trophy and an expected 6bn global viewers. ...

IRAN: 'SERIOUS CHALLENGES' REMAIN IN US IMPLEMENTATION OF MOU IRAN'S BAGHAEI SAYS INTERIM DEAL CLAUSES NEED TO BE IMPLEMENTED BEFORE TALKS WITH U.S. TO REACH FINAL DEAL CAN START IRAN'S BAGHAEI SAYS COMMUNICATION CHANNEL BETWEEN IRAN AND U.S. IS NOT MILITARY BUT POLITICAL IRAN WILL CONTINUE TALKS WITH OMAN ON MANAGING STRAIT: BAGHAEI IRAN'S BAGHAEI SAYS TEHRAN HASN'T RECEIVED ANY DETAILS ABOUT A DIALOGUE FORUM WITH GULF ARAB COUNTRIES IN RIYADH

The inflation rate in Germany is expected to be +2.3% in June 2026. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices decreased by 0.3% on May 2026. The inflation rate excluding food and ...

Award-winning broker OneRoyal is taking its highest-performing partners on an all-expenses-paid trip to Colombia for Cartagena Bootcamp 2026. With 20+ years of experience, 50+ awards, a global presence, and licensed by major regulators, OneRoyal drives partner business growth through the trust it inspires among traders. Cartagena Bootcamp 2026 builds on ...

BoE’s Breeden: The main financial stability concern is a step change in agentic AI's cyber capabilities BoE Breeden: AI agents could amplify volatility and stress in markets

Oil prices were mixed on Tuesday as energy market participants closely monitored the potential for fresh talks between the U.S. and Iran in Qatar. International benchmark Brent crude futures with August delivery were last seen down 0.1% at $73.13 per barrel, paring earlier losses. The contract is on track to end June roughly $20 lower, or 21% lower than the ...

QATAR SAYS NO HIGH-LEVEL US-IRAN MEETING SCHEDULED IN DOHA Qatar: US, Iran "technical meetings" have not stopped.

The ECB Forum on Central Banking – the Sintra Forum – is an annual event organised by the European Central Bank and is held in Sintra, Portugal. It brings together central bank governors, academics, financial market representatives, journalists and others to exchange views on current policy issues and discuss the Forum’s key topic from a longer-term ...

This currency pair finally broke down to make a new long-term low last week, but the recovery this week means that we do not yet know if this was a decisive breakdown. In the Forex market, breakouts are often not decisive, and trends can be unreliable and hard to find. Having said that, this is one of the currency pairs that has historically shown some ...

According to preliminary estimates, in June 2026 the Italian consumer price index for the whole nation (NIC) was null compared with the previous month and +3.0% on annual basis (down from +3.2% in the previous month). The slight slowdown in inflation reflects the price dynamics of Unprocessed food (from +5.5% to +4.5%), of Services related to recreation, ...

German unemployment dropped by 1,000 in June, marking the best June performance for the labour market since 2021. It looks as if the gradual worsening of the labour market has paused. The seasonally adjusted unemployment rate remained unchanged at 6.3%. A pause, not a reversal Over the last four years, German unemployment has risen by some 500,000. This ...

BOJ'S SATO: NEED TO WATCH BOTH DOWNSIDE RISKS TO GROWTH AND UPSIDE RISKS TO INFLATION BOJ'S SATO: MARKETS BASICALLY SET LONG-TERM RATE LEVELS, WHICH FLUCTUATE REFLECTING OVERSEAS, DOMESTIC ECONOMIC DEVELOPMENTS AS WELL AS OVERSEAS YIELD MOVES

ECB's Wunsch: We know inflation is to be above target for some quarters ECB's Wunsch: We might need another hike. ECB's Wunsch: A quick ECB move doesn't necessarily mean a July move

ECB's Nagel: Inflation may stay significantly above our target. ECB's Nagel: Energy shock is still in the system. ECB'S NAGEL: TOO EARLY TO MAKE CALL ON RATE HIKES ECB's Nagel: I'm not concerned about debt markets

In June, the KOF Economic Barometer increases by 2.6 points to a level of 101.2 (after revised 98.6 in the previous month). On the production side, the positive developments are particularly apparent among the indicators within manufacturing. On the demand side, both the indicator bundles for foreign demand as well as for private consumption show a ...

A new Citi Research report from a team led by Global Chief Economist Nathan Sheets looks at pressures on the world’s supply chains caused by the Middle East conflict. While the U.S.-Iran interim deal has eased some key headwinds for the global economy, it’s too early to say that risks and challenges are behind us. As we explore in our new Macro-to-Micro ...

Over the course of a year, according to the preliminary estimate made at the end of the month, consumer prices are projected to rise by 1.8% in June 2026, following a 2.4% increase in May. This slowdown in inflation is attributed to the sharp decline in energy prices, particularly petroleum products, which are nevertheless expected to remain significantly ...

In May 2026, household spending on goods rebounded month-on-month (+0.5% in volume* after -0.5% in April). Energy consumption rose again (+2.3% after -3.2%), consumption of manufactured goods slowed (+0.1% after +0.4%), while food consumption remained stable (after -0.2%). In May 2026, household energy expenditures rebounded (+2.3% after -3.2% in April). ...

* #ECB CHIEF ECONOMIST PHILIP LANE SPEAKS ON BLOOMBERG TELEVISION *LANE: OIL MARKET HAS MOVED QUITE A BIT SINCE LAST DECISION *LANE: LET'S SEE HOW LOWER OIL PERCOLATES ACROSS THE ECONOMY *LANE: THERE HASN'T BEEN FAST RETHINKING OF INVESTORS, CONSUMERS *LANE: INVESTORS,…

According to preliminary figures from the Federal Statistical Office (Destatis), retail sales in Germany rose by 1.1% in real terms (price-adjusted) and by 1.0% in nominal terms (not price-adjusted) in May 2026 compared to April 2026, after adjusting for calendar and seasonal effects. Compared to the same month of the previous year, May 2025, sales ...

Import prices were 6.8% higher in May 2026 than in May 2025. This was the largest year-on-year increase recorded since December 2022 (+9.6% on December 2021). Compared with the same month a year earlier, the rate of change was +5.3% in April 2026, and +2.3% in March 2026. The Federal Statistical Office (Destatis) also reports that import prices in May 2026 ...

UK real gross domestic product (GDP) is estimated to have increased by an unrevised 0.6% in Quarter 1 (Jan to Mar) 2026, following a revised growth of 0.1% in Quarter 4 (Oct to Dec) 2025. In output terms, growth in the latest quarter was caused by an increase in all three sectors, with the largest contribution from the services sector, which grew by 0.8%. ...

The underlying UK current account deficit, excluding precious metals, narrowed to £15.1 billion, or 1.9% of gross domestic product (GDP) in Quarter 1 (Jan to Mar) 2026; this is a change of £3.2 billion compared with the deficit of £18.2 billion in the previous quarter. The UK current account deficit, including trade in precious metals, narrowed by £5.0 ...

The head of the European Central Bank defended its June 11 rate hike as justified to ward off real inflationary pressures and said it wasn’t just a mere “insurance hike.” ECB head Christine Lagarde said Monday that without the quarter percentage-point increase, inflation could have lingered above the bank’s 2% target into 2028. “Some have characterized our ...

This post was meant to be a deep dive into the inflation data. Mostly, it still is. But this morning, the Supreme Court ruled in Lisa Cook's favor, blocking her removal from the Fed over unproven allegations. So monetary policy stays guided by data, like inflation, employment, and in the hands of the Fed, not the President. The same day's events also ...

Private consumption across Asia remained subdued in 2025, reflecting soft real income growth, cautious household sentiment, and the lagged effects of earlier monetary tightening. Recent declines in oil prices are a welcome relief, easing pressure on household purchasing power and supporting sentiment. At the same time, strong equity market gains - most ...

CNBC's Frank Holland is joined by Jim Bullard, former president of the Federal Reserve Bank of St. Louis, to discuss the Supreme Court's ruling that President Trump does not have the authority to fire Federal Reserve Governor Lisa Cook from the central bank for now as well as what may be next for monetary policy.

China’s manufacturing activity picked up faster than expected in June buoyed by strong demand for high-tech exports amid global AI boom. The official purchasing managers’ index edged up to 50.3 in June, beating economists’ forecast of 50.1, returning to the expansionary territory above the 50-point threshold. The index stood at 50 in May. The ...