Forex News

In May, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments fully implemented the decisions and arrangements made by the CPC Central Committee and the State Council, adhered to the general principle of pursuing progress while ensuring stability, fully and ...

To be clear, the economy is not strong yet. Unemployment is still too high. Population declines will continue to limit the underlying growth rate that can be generated. Sectors directly targeted by U.S. tariffs continue to underperform, and high fuel costs are cutting into household purchasing power. But, headline growth numbers mask an important shift: ...

All eyes will be on Kevin Warsh this week as he chairs his first FOMC meeting. However, with PCE inflation on track to top 4% in May, the more pressing question is whether the Fed should raise rates this year. The debate around the FOMC table will be critical, and I worry that Warsh’s efforts to rein in forward guidance could bury it. Obscure a hawkish ...

A rate hike at this Thursday’s Bank of England decision had already become highly unlikely. And thereafter, the US-Iran deal has nudged the pendulum back towards a prolonged pause. Markets now price just a 25% chance of a July hike and only one rate increase this year, down from a peak of three. Our view has long been that the Bank is somewhere between ...

Japan economy minister Kiuchi: will participate in today's BoJ meeting Japan economy minister Kiuchi: strongly hopes BoJ communicates, collaborates with government to sustainably, stably reach 2% inflation target

The Lincoln Memorial Reflecting Pool still needs some algae emancipation. Just days after the iconic Reflecting Pool reopened following President Trump’s $14 million renovation to seal the concrete bottom with an “American flag blue,” its familiar gnarly-looking green algae once again took over. “Versus previous administrations, the National Park Service is ...

Iran has agreed to never have a Nuclear Weapon! Also, the story that the U.S. is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!! President DJT

Key facts: The following table sets out the key percentage changes in monthly and annual prices. We compare May 2026 with April 2026 for the monthly percentage change, and May 2026 with May 2025 for the annual percentage change. table Provisional rent price index data: The stock and flow measures of rental property prices for April 2026 have been updated. ...

The Australian dollar led major FX gains on Monday as hopes of a US-Iran peace deal boosted risk appetite. With the RBA and BOJ both set to announce policy decisions, traders now face a critical test for AUD/USD, AUD/JPY and EUR/AUD. The Australian dollar was the strongest FX major on Monday thanks to the risk-on tone driven by hopes of a peace deal between ...

The Bank of Japan is set to raise interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focuses on taming price pressures from the energy shock caused by the Iran war. The decision would mark a more aggressive approach by the BOJ in dismantling the remnants of the radical stimulus of Governor Kazuo ...

TRUMP ADMINISTRATION WEIGHS $300B FUND FOR IRAN IF ACCORD IS UPHELD. - FT

The deal between Iran and the U.S. to end the fighting offers reason for hope, though the impact of the jump in energy prices from the war will continue to be felt, Bundesbank President Joachim Nagel said Monday. “Fortunately, a ceasefire and the reopening of the Strait of Hormuz are now in sight. There is reason to hope for peace,” Nagel said in a speech ...

The Iran deal gets signed physically on Friday. But already apparently 'electronically signed'. The proof will come from the Strait, and the beginnings of a reopening is all markets care about. President Trump has promised this from Friday onwards. Reaction so far on the rates market has been predictably muted. Well before this deal, breakeven inflation ...

European Central Bank President Christine Lagarde said on Monday that the ECB had increasingly observed indirect inflation effects spreading across the economy in recent weeks. In an interview with Radio France, Lagarde said that "[¡Indirect effects of inflation, we have absolutely started to see that more or less everywhere in recent weeks." She said that ...

President Donald Trump has warned France must scrap a 3% tech “sales tax” or face 100% tariffs on U.S. imports of its wines and champagne, the NY Post reported Monday. The president issued the threat ahead of this week’s G7 summit in Évian-les-Bains, France. “I asked [President Emmanuel Macron] not to charge American companies, and if they do, I have no ...

The US Dollar (USD) trades on the back foot against its major peers on Monday as traders trim safe-haven positions amid improving market sentiment after the United States and Iran agreed on a framework peace deal that would reopen the Strait of Hormuz. The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, ...

A surprising percentage of the Market Wizards blew up at some relatively early point in their careers. They were immersed in markets and aggressive in their pursuit of opportunity and their eagerness and ambition led them over their skis. What was noteworthy among these expert traders--Paul Tudor Jones in the first Wizard book is a great example--is their ...

Israel's Prime Minister Netanyahu: Israel to remain in security zones in Gaza and Syria, and will continue to thwart threats in the region.

Kevin Warsh will preside over his first interest rate-setting meeting as Federal Reserve chair on Wednesday, when the central bank is expected to hold rates steady. All eyes will be on Warsh as Fed watchers try to discern his views, his personal credibility, and how he will position the Fed in the current landscape. The committee is facing hotter inflation ...

*US OIL RESERVE HITS 43-YEAR LOW AS TRUMP AIMS TO TAME GAS PRICE

Financial media, academic work and analyst reports are replete with references to a multipolar international currency system, including discussions about the fate of dollar dominance and prospects for alternatives. But what is a multipolar currency system? There is no uniform definition, and this article does not seek to create one. Analysts should be ...

TRUMP ON IRAN: THE DEAL'S ALL SIGNED TRUMP: STRAIT COMPLETELY OPENED ON FRIDAY TRUMP ON IRAN: WILL NOT HAVE A NUCLEAR WEAPON

News has been driving a lot of price action lately, so we’ve updated the News page to make market‑moving stories easier to spot. A new Hot Stories block at the top of the page puts the market’s most active stories front and center as they unfold. Top comments for each story are displayed so you can quickly gauge community sentiment. Navigation arrows let ...

Senior US Official: Trump and Vance signed MOU, and so did the Iranian parliamentary speaker. US Official: US-Iran MOU provides for immediate Hormuz opening. Hormuz opening takes a little bit of time. Senior U.S. official: agreement ensures prompt reopening of Strait of Hormuz and removal of U.S. sanctions on Iran US official: anticipate rise in Hormuz flow within 1-2 weeks U.S. official: Clearing Iranian mines from the Strait of Hormuz will take time before it can reopen.

#Iran ’s Foreign Minister Araghchi: A meeting between heads of Iran and US negotiating teams will likely take place in Switzerland this Friday, where the Iran-US MoU is expected to be signed, followed by the first round of the following negotiations. pic.twitter.com/2GUMGLZDTJ

Fox Corp. will buy streaming giant Roku in a deal valued at $22 billion, the companies announced Monday. The deal will allow Fox to expand beyond its cable TV audience and into Roku's massive streaming user base, which includes 100 million U.S. households. Roku spun out of Netflix in 2008, with founder and CEO Anthony Wood focused on creating a streaming ...

Vice President JD Vance on Monday said after the U.S. and Iran struck a preliminary deal that there are “a lot” of details that remain to be ironed out, but he expressed confidence that America has “all the cards” in subsequent talks. The agreement reached Sunday would extend the U.S.-Iran ceasefire for 60 days and set up a framework for future negotiations ...

Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index ...

The US and Iran have reached an agreement to end the war for at least 60 days, prompting a big move in risk appetite as traders look ahead to a big week for central banks, including the BOJ and RBA tonight. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s ...

The industrial production in the United States increased by 0.1% in May compared to April, according to the latest report by the Federal Reserve Board on Monday. On a yearly basis, the industrial output improved by 1.7%. Manufacturing was stable compared to April, but rose by 1.4% year-on-year, mining added 1.3% and 2%, respectively, and utilities fell by ...