Forex News

Markets are pricing in at least one more interest-rate increase from the U.S. Federal Reserve this year following hotter inflation data and a more hawkish tone from policymakers. Consumer prices rose 3.5% in the year through June, less than markets expected and a slowdown from 4.2% in May, which was the highest annual increase in three years. Meanwhile, new ...

The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of vessels are even more concerned than they were ...

CENTCOM launched a round of strikes against Iran at 3 p.m. ET today for the seventh consecutive night. The strikes are designed to continue degrading Iranian military capabilities at the Commander in Chief's direction.

We are holding Canada responsible for the fact that they are not properly maintaining their Forests, and Brush therein, and the United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable! I will call the Prime Minister during the day to find out what they are going to do about it. The cost is incalculable! Canada has refused to engage in basic Forest Management and Debris Removal, knowing that such refusal will lead to exactly this result. This is Willful Negligence, and becoming a yearly occurrence, costing the United States Billions of Dollars, which cost of this pollution must of necessity be added to the TARIFFS Canada is currently paying. Thank you for your attention to this matter! President DONALD J. TRUMP

The World Cup is over. Well, it is for England anyway. And if, like me, you’re still coming to terms with yet another World Cup disappointment, the BBC had some advice this week: Focus on the wins! Not helpful if you’re German or Dutch (there just weren’t very many – sorry guys!). And perhaps best not to mention “there’s always next time” to the Italians – ...

The bull flag and bear flag pattern is a highly reliable trend continuation structure that signals a temporary pause in a powerful, directional market movement. This price action formation allows traders to enter established trends with tight risk parameters before the next impulsive leg begins. Designed for swing traders and day traders alike, mastering ...

It has been a strange week for macro and an unprofitable week for me as I thought the weak CPI and repricing of July FOMC would be bullish stocks. Not so much! Instead of an eye-popping rip higher in equities, we got a big repricing of the AI trade as many factors conspire to make people nervous about the sustainability of infinite U.S. spending on data ...

The US dollar has had a strong start to the year. Driven by booming foreign demand for US tech exposure and expectations of higher-for-longer interest rates, the greenback has appreciated roughly 2.5% against a basket of other major currencies. Bank of America believes the US currency has more room to run in the second half of 2026. The bank's foreign ...

The U.S. import prices unexpectedly rose in June, driven by higher costs for goods from China and technology-related products, according to data released Friday by the Bureau of Labor Statistics. USgovernment insights The report showed import prices increased 0.3% during the month, compared with economists' expectations of a 0.8% decline. Annual import ...

A railway project has opened an unexpected window into Roman Britain after archaeologists uncovered a rare coin and other artifacts dating back nearly 2,000 years. The discoveries, made in Bedfordshire and Cambridgeshire in the United Kingdom, were announced by East West Rail on July 1. Construction workers are currently restoring and building rail links ...

7.4 Mag. Earthquake 71 Km Wsw Of Puerto Madero Mexico -usgs

This morning has brought news on an issue that is usually apart from on here hidden in the shadows. In the Covid pandemic period central banks became Lords of all they surveyed in government bond markets. Along the way they became very popular in establishment circles as these purchases drove bond yields lower and allowed governments to borrow very cheaply ...

Having rebounded from record (46 year) lows in June, University of Michigan's preliminary July Sentiment survey was expected to show further improvement as gas prices fell since the US-Iran 'peace' MoU signing (before rising modestly in the last few days of the reignited conflict). And indeed it did, headline Consumer Sentiment jumped from 49.5 to 54.4 ...

Fed's Hammack: Inflation is too high. The labor market is right around my level of maximum employment. Fed's Hammack: Our PCE nowcast shows core inflation at 3.3% after incorporating this weeks data. Fed's Hammack: Im hearing from conversations with business and community leaders that inflation isnt coming from only one sourceits broad-based. Fed's Hammack: At the same time, Im seeing good growth numbers and stable consumer spending. Fed's Hammack: There is no conflict in our mandate - LinkedIn Post

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from cyclical currencies towards safe-haven assets like the Japanese yen during periods of geopolitical tension. However, the yen is currently weakening while the ...

Industrial production in the United States was up by 0.1% in June compared to the month before, according to a report by the Federal Reserve's Board of Governors issued on Friday. Year-over-year, industrial output grew by 1.1% in the reported month. Manufacturing was unchanged compared to May, but rose by 1.1% on an annual basis. The production of utilities ...

FIFA allegedly gave regular fans the idea they had a chance to sit by the pitch when they shelled out for premium World Cup tickets — but soccer’s global governing body secretly locked them out of the running, instead allocating all the best seats to corporate bigwigs and VIPs, according to a bombshell lawsuit reviewed by The Post. The suit, filed as a ...

U.S. import prices increased 0.3 percent in June, the U.S. Bureau of Labor Statistics reported today, following a 1.7-percent advance in May. Higher prices for nonfuel imports more than offset lower prices for fuel imports in June. Prices for U.S. exports decreased 0.6 percent in June, after rising 1.2 percent the previous month. Prices for U.S. imports ...

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2026: Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,367,000. This is 3.0 percent below the revised May rate of 1,410,000 and is ...

Foreign investors purchased $7.9 billion of Canadian securities in May, down from a sizable $46.9 billion investment in April. Meanwhile, Canadian investors acquired $22.3 billion of foreign securities, following a divestment of $11.4 billion in the previous month. As a result, international transactions in securities generated a net outflow of funds of ...

There are two major concerns that are spurring risk off ahead of the weekend. First, the Middle East war is escalating, and there does not seem to be a near-term off-ramp. Second, the rout in technology stocks is rippling through the equity markets, and sharp losses in many Asia Pacific equity markets have been recorded today and the Nasdaq is poised to gap ...

Global multi-asset Forex and CFD broker FP Markets has been recognised with the prestigious ‘Most Trusted Broker’ award at the UF AWARDS Global 2026, further reinforcing its reputation as a transparent, client-focused broker serving traders around the world. Held at the City of Dreams Mediterranean resort in Limassol, Cyprus, on 17 June 2026, the UF AWARDS ...

Iran on Friday claimed it had targeted U.S. military forces in Syria and Bahrain, widening its attacks in the region as the U.S. completed its sixth consecutive night of strikes on the Islamic Republic. The escalating standoff comes as the fragile truce signed by the U.S. and Iran last month showed further signs of unravelling. The interim agreement was ...

Following softer-than-expected U.S. inflation data this week, the market now prices in just a 10% chance of the Federal Reserve hiking rates this month. The AUD/USD currency pair consolidated Friday following recent gains this week, boosted by tamer-than-expected U.S. inflation readings that significantly reduced the chances of a July rate hike. Bullish ...

Japanese Prime Minister Sanae Takaichi said on Friday the government will pursue steps that encourage investment in domestic financial assets by households and state pension funds including Government Pension Investment Fund (GPIF). Under law, investments by state pension funds must be conducted exclusively for the benefit of those insured and, from a ...

The euro area annual inflation rate was 2.8% in June 2026, down from 3.2% in May. A year earlier, the rate was 2.0%. European Union annual inflation was 2.9% in June 2026, down from 3.3% in May. A year earlier, the rate was 2.3%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in ...

BoJ to keep rate unchanged at July meeting - Kyodo

UKMTO, gets report of incident in the Arabian Gulf: Tanker was subject to interactions with military forces

Current account recorded €25 billion surplus in May 2026, up from €17 billion in previous month Current account surplus amounted to €272 billion (1.7% of euro area GDP) in the 12 months to May 2026, down from €318 billion (2.0%) one year earlier In financial account, euro area residents' net acquisitions of non-euro area portfolio investment securities ...

The dollar held steady on ​Friday but was poised for a weekly decline as a softer-than-expected U.S. inflation report this week led traders to cut bets on imminent rate hikes from the Federal Reserve, although escalating attacks in the Middle East soured sentiment. Iran and the United States exchanged intensifying fire in a week-long escalation that has ...