Forex News

Markets are currently fully pricing in a rate hike in the eurozone, with a 97% chance of a quarter-point hike, alongside a 3% likelihood of a half-point rate rise, when the bank's governing council meets on Thursday. According to data collected by the London Stock Exchange Group, traders are at present expecting the ECB to raise rates about three times. An ...

USD/JPY moved back above 160, close to multi-decade highs, even as Japan’s external balance strengthened. Japan’s seasonally adjusted current account surplus rose to 4.2 trillion yen in April, the highest level since the series began in 1996, and the surplus is put at 5.6% of GDP. The improvement reflects firmer foreign investment income alongside better ...

Existing-home sales increased by 3.2% month-over-month and year-over-year, according to the National Association of REALTORS® Existing-Home Sales report. The report provides the real estate ecosystem—including agents, homebuyers and sellers—with data on the level of home sales, price, and inventory. Month-over-month sales increased in the Northeast, Midwest ...

Wholesale inventories in the United States increased by 0.6% in April compared to the revised March reading, reaching $940.3 billion, the Census Bureau said in its report published on Tuesday. Year-over-year, the figure was up by 3.6%. Sales of merchant wholesalers, adjusted for seasonal variations and trading-day differences but not for price changes, ...

#OOTT | White House official to Al Arabiya TV: Talks on a deal to prevent Iran from possessing nuclear weapons have yielded positive results

Gold traded in a tight band in early Europe on Tuesday, holding close to its lowest level since 23 March after the US dollar eased from an over two-month high. Iran and Israel said on Monday they had halted attacks on each other following an appeal from US President Donald Trump, a development that lent some support to bullion, although markets remained ...

As of June 2026, USD/JPY is once again trading above the 160 level that has previously prompted intervention from Japanese authorities. Currency markets remain focused on whether the Ministry of Finance will tolerate further gains or step in to slow the advance. At the same time, strong U.S. economic data and persistent inflation pressures continue to ...

In April, Canada's merchandise exports increased 1.6%, while imports edged up 0.3%. As a result, Canada's merchandise trade surplus with the world widened from $1.8 billion in March to $2.7 billion in April. This was the second consecutive monthly trade surplus, and the largest since January 2025. Consult the "International trade monthly interactive ...

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $55.9 billion in April, down $0.7 billion from $56.6 billion in March, revised. April exports were $327.1 billion, $8.3 billion more than March exports. April imports were $383.0 billion, $7.6 billion more than March imports. The April ...

For the four weeks ending May 23, 2026, U.S. private employers added an average of 29,000 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER). Employment growth eased for the third consecutive week. These numbers are preliminary and could change as new data is added. table The NER Pulse is an ...

HFM has appointed Mohammed Essosse as Head of Business Development for North Africa, adding a senior executive with experience across multiple CFD brokers. The move reflects the company’s continued focus on strengthening its presence in the region. In his new position, Essosse will oversee business development activities across North Africa. His ...

JPMorgan Chase exec Lorna Hajdini's former subordinate isn't taking back a thing ... insisting he substantially told the truth when he claimed she subjected him to sexual harassment and discrimination -- and now he's arguing her counterclaims against him for bringing the suit should be tossed out of court. According to new court documents, obtained by TMZ, ...

U.S. President Donald Trump said on Tuesday that a deal to end the war in Iran could be reached in “two or three days,” and that the critical Strait of Hormuz would reopen “immediately” after such a deal. Speaking to reporters after attending the NBA Finals in New York, Trump said that the two parties are in the final stages of a “very, very good deal that ...

The Small Business Optimism Index for May was 95.3, down 0.6 points from April and remaining below its 52-year average of 98.0. Of the 10 Optimism Index components, three increased, six decreased, and one was unchanged. The labor-related components (unfilled job openings and hiring plans) declined notably but were offset by improvements in earnings trends ...

The US dollar continues to see a lot of noise on Monday, as we are now facing a significant barrier just above in the USD/CAD barrier. With this, we are watching 1.40 very closely.The US dollar has risen during the early part of the trading session on Monday as we are now threatening the 1.3950 level. The 1.3950 level is an area that has been significant ...

The U.S. dollar held near a two-month high on Tuesday, firming against most major peers as Middle East uncertainty curbed risk appetite and traders ramped up bets on a Federal Reserve rate hike later this year. Iran and Israel halted attacks on each other on Monday after an appeal from U.S. President Donald Trump, but tensions ran high as Tehran threatened ...

Global markets traded cautiously as investors weighed a weaker US Dollar against expectations that the Federal Reserve could maintain a hawkish monetary policy stance. Easing tensions following the Israel-Iran truce reduced demand for traditional safe-haven assets, while inflation concerns continued to support higher interest rate expectations. Asian ...

A U.S. Customs and Border Protection agency official is set to testify in federal court Tuesday about the U.S. government’s plans for refunding billions of dollars that importers paid before the Supreme Court ruled that President Donald Trump illegally imposed certain tariffs on goods from most other countries. Court of International Trade Judge Richard ...

In launching renewed strikes on Iran on Monday (Jun 8) in apparent open defiance of Donald Trump, Israel has tried to make its case to have a say at the peace negotiating table, where it has so far been kept at arm's length by the US president. Despite Trump publicly calling for Israel to hold fire, it struck targets in Iran for the first time since a ...

Production in industry in real terms (price adjusted) was up 0.4% in April 2026 month on month after seasonal and calendar adjustment, according to provisional data provided by the Federal Statistical Office (Destatis). The less volatile three-month on three-month comparison showed that production was 0.5% lower in the period from February 2026 to April ...

Exports in April 2026: +0.9% on March 2026After calendar and seasonal adjustment, Germany exported goods to the value of 136.6 billion euros and imported goods to the value of 122.1 billion euros in April 2026. The foreign trade balance therefore showed a surplus of 14.5 billion euros in April 2026. The calendar and seasonally adjusted foreign trade balance ...

BoJ set to raise interest rate to 1% at June meeting - Nikkei Bank of Japan may consider stopping bond tapering, according to Nikkei.

Southern Lebanon towns Deir Qanoun, Al-Ain, Al-Ramadiya, and Kafr Sir come under Israeli airstrikes.

China’s trade growth held up better than expected in May, as surging AI-related exports helped buffer the economy against disruption from the Iran war. Exports rose 19.4% from a year earlier in U.S. dollar value terms, customs data showed Tuesday, accelerating from the 14.1% gain in April. Economists polled by Reuters had pegged growth at 15%. Imports ...

Trump states that the pilots who went down near the Strait of Hormuz are safe. Trump states that Iran’s economy is struggling and says it must come to an agreement. Could have an idea on Iran by one or two days now - Trump

We no longer expect the RBA to hike by 25bp in August, and now see the cash rate peaking at the current rate of 4.35% for the cycle. The next move in the cash rate is likely to be down, but the timing is uncertain. To highlight shifting risks to the RBA outlook, we have brought forward our expected easing from H2 2027 to Q2 2027 – which now sees the cash ...

The same day in May that President Donald Trump flew to Beijing for the first state visit to China of his second term, Bristol Myers Squibb inked a deal worth $15.2bn with Jiangsu Hengrui Pharma, China’s largest pharmaceutical company by market capitalisation. The deal – one in a series of recent multi-billion-dollar licensing agreements by Big Pharma with ...

The export beat is likely to draw attention from trade-sensitive markets and trading partners already watching China's external position closely. The acceleration from April's 14.1% pace suggests Chinese manufacturers are finding ways to sustain overseas shipments despite the broader global uncertainty created by the US-Iran conflict and elevated freight ...

Daiwa Securities has concluded that BOJ Governor Kazuo Ueda's recent speech constitutes a de facto signal of a rate hike at the June Monetary Policy Meeting, based on the language used and the precedent set in the two previous tightening cycles, where similar phrasing was consistently followed by policy action. The Daiwa analysis, written by fixed income ...

CNBC's Steve Liesman joins 'Squawk Box' with the latest news from the Federal Reserve.