Forex News

China’s yuan eased slightly against the dollar on Thursday as seasonal corporate demand for foreign exchange began to take hold and investors continued to digest a surge in US consumer inflation data for May. Developments in the Middle East also remained a key market focus as the United States launched new strikes against multiple targets overnight in Iran ...

DIPLOMATIC SOURCE TO CNN SAYS US-IRAN TALKS ARE STILL ON TRACK

Reuters, citing an official: Qatari negotiators left Tehran today following talks with Iranian officials

The US dollar wobbled on Thursday as new US strikes in the ​Middle East undermined sentiment, while a surge in May US consumer inflation to a three-year high kept investors uneasy about the Federal Reserve’s monetary policy outlook. The currency markets have been subdued this week, as investors weighed the fragile ceasefire in the Middle East against a ...

IRGC Navy: We warn against any ship leaving its anchorage in the Gulf and the Sea of Oman and consider its approach to Hormuz cooperation with the enemy

The Bank of Canada, as expected, held the overnight rate at 2.25% for the fifth consecutive meeting. Governor Macklem did not dismiss weaker-than-expected economic data since April but pointed to better-looking underlying details that left their assessment of the economy relatively unchanged from April, with the current stance of monetary policy still ...

Joe Lavorgna, SMBC Americas Managing Director & Chief Economist, Fmr. Counselor to Secretary Bessent, joins 'Fast Money' to talk the impact of inflation on the market.

Rising real interest rates and falling non-energy commodity prices are laying the foundation for lower overall inflation. Meanwhile, there are encouraging signs of improving economic growth conditions. Chart #1 is all about interest rates and inflation expectations. Interest rates have been rising of late, but not because inflation is rising. We know this ...

Gold is generally bearish in June according to its seasonal average this century, and this year has not disappointed. The metal has already fallen more than 10%, despite the month not yet being halfway complete. It is also on track for a fourth consecutive monthly decline, which would mark its longest bearish streak since October 2022, unless it can defy ...

Kuwaiti Army: Air defenses are dealing with hostile aerial targets Iran fires fresh missiles at Jordan, Kuwait and Bahrain in widening attacks Iran reportedly fired ballistic missiles at Jordan's Muwaffaq Salti Air Base, which hosts US forces in eastern Jordan. The base was targeted in an earlier salvo, the previous night, that was fully intercepted, and alleged footage purportedly showed the latest missiles leaving Iranian territory. Kuwait's Armed Forces General Staff said its air defence systems were actively intercepting hostile aerial targets originating from Iran, including both drones and ballistic missiles, in line with established operational procedures. In Bahrain, air raid sirens sounded again, with authorities urging citizens and residents to remain calm, move to the nearest safe location and follow updates through official channels. Reports indicated that Bahrain, Jordan and Kuwait all intercepted Iranian missiles and drones aimed at US military assets, underscoring the extent to which the conflict has expanded to draw in multiple Gulf states hosting American forces. The renewed attacks raise questions over whether Iran is attempting to find gaps in regional missile defences after earlier strikes were intercepted, or whether the strategy is aimed simply at sustaining pressure across multiple fronts regardless of interception rates.

The next few weeks will be busy for central bank rate announcements. With the Bank of Canada’s June 10 decision now behind us, attention turns to the ECB on June 11, the BoJ and RBA on June 16, the Fed on June 17, and the BoE on June 18. The key question is whether the latest inflation impulse is enough to restart a global tightening cycle, or whether most ...

*US MILITARY SAYS IT HAS COMPLETED LATEST STRIKES IN IRAN

A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump. Trump’s unexpected comments Wednesday on the latest inflation figure may give Warsh some space on interest rates. “I love ...

The Australian dollar has slipped below the key 70c level as persistent US inflation supports the US dollar and dampens hopes for Fed rate cuts. With implied volatility turning higher, risk reversals signalling greater demand for downside protection, and yield spreads favouring the greenback, AUD/USD bears are increasingly setting their sights on the 69c ...

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TRUMP: SPOKE DIRECTLY WITH IRANIAN OFFICIALS TRUMP: IRANIANS ASKED ME TO STOP BOMBING Trump tells Fox News: airstrikes will end soon

The May 2026 RICS Residential Market Survey results indicate that a challenging macroeconomic backdrop continues to weigh on demand, although some of the downward momentum seen in recent months appears to be stabilising. While forwardlooking measures remain cautious in the near term, expectations have improved slightly over the twelve-month horizon. ...

On the eve of the biggest-ever football World Cup, we look at the parallels between the world’s most popular sport and investing. We also explore the thorny issue of football sponsorship and the further expansion of sports betting markets in the Middle East. There are many reasons why this year’s World Cup will feature more countries than ever before, ...

The European Central Bank is widely expected to raise interest rates by 25 basis points this week, with policymakers increasingly concerned about inflation risks linked to higher energy prices. According to ABN AMRO, ECB President Christine Lagarde has already signalled that June would be the "right time to assess" the impact of the Iran conflict and ...

U.S. Central Command forces began launching additional self-defense strikes today at 5:15 p.m. ET against multiple targets in Iran at the Commander in Chief’s direction. The strikes are in response to Iran’s unwarranted and continued aggression. Explosions reported in Iranian towns of Sirik, Manab, Bandar Abbas and Bushehr

New Zealand's jobless ranks could swell as the central bank ratchets up interest rates, casting the government's inflation‑focused mandate in an unflattering light ahead of a closely contested general election, and raising the prospect of a return to the dual mandate if it loses power. The conundrum for the Reserve Bank of New Zealand is that although ...

HEGSETH: WE INTEND TO BOMB MAJOR FACILITIES IN IRAN Hegseth: "Those strikes that will happen tonight will be strong and clear and if they have to happen tomorrow night they will be strong and clear. President Tump is prepared to make that deal, Iran would be wise to take it otherwise they will have to deal with the types of plans…

The United States launched airstrikes Wednesday against Iran, and President Donald Trump said more were coming, as Tehran fired back at countries in the region. The escalating attacks threatened to derail efforts to end the war, with Trump warning that Tehran would “pay the price” for stalled negotiations. Trump’s warnings at the White House and on social ...

Trump considering launching large and short Iran operation - Axios

Over the last two trading sessions, one of the factors gaining short-term relevance has been the renewed strength of the Canadian dollar. This has been reflected in recent USD/CAD price action, with the pair down around -0.18% over the past two sessions. This mild selling pressure continued after the release of US CPI inflation data, which came in line with ...

USD/CHF has extended its recovery after clearing the May range highs and reclaiming the yearly open, with the first major resistance hurdle now coming into view. While the move keeps the multi-week uptrend intact, building momentum divergence is beginning to emerge as price approaches a key technical inflection zone. With the FOMC and SNB decisions on tap ...

After yesterday's mediocre 3Y auction, moments ago the Treasury held a stellar 10Y reopening (of cusip QQ7). The sale of $39 billion in 9 Year-11 Month paper priced at a high yield of 4.538%, up from 4.468% last month, and 0.1bp through the 4.539% When Issued. This was the first stop through following 4 sequential tails for the tenor. chart The bid to ...

The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Bureau of the Fiscal Service, Department of the Treasury and, after approval by the Fiscal Assistant Secretary of the Treasury, is normally released on the 8th workday of the month following the reporting month. The publication is based on data ...

Last month, I directed our Great U.S. Military to execute a secret mission to support Oil Tankers and other Commercial Ships through the Straight of Hormuz. Today, I am pleased to announce that this effort has resulted in more than 100 MILLION Barrels of Oil making its way through the Straight, and into the Open Market. More than 200 Commercial Ships have safely traveled through the Strait. This wildly successful effort is because the UNITED STATES of AMERICA CONTROLS the Strait of Hormuz — NOT Iran. Their military is defeated, and their economy is lost. It’s over for Iran! Thank you for your attention to this matter. President DONALD J. TRUMP Trump: More than 200 commercial ships have safely traveled through the Strait - Truth Social Trump: Effort has resulted in more than 100 mln barrels of oil making its way through the strait - Truth Social

US President Donald Trump vowed to strike Iran again and scolded the country for delaying talks on an interim peace deal, after renewed attacks overnight put further strain on a fragile two-month truce. “We’re going to be attacking them, attacking them very hard,” Trump told reporters at the White House Wednesday. “We hit them hard yesterday, and we’re ...