Forex News

Oil prices remain volatile as the US-Iran peace MOU shifts the market narrative from fears of supply shortages to oversupply risks. However, renewed uncertainty around the Strait of Hormuz keeps the geopolitical risk premium alive. Oil prices have entered a more complicated phase as the market tries to balance two opposing forces. On one hand, the US-Iran ...

TRUMP: LARGE VOLUMES OF OIL CONTINUE TO FLOW THROUGH THE STRAIT OF HORMUZ. Trump on the Economy: We have the opposite of a depression, oil prices are way down Trump: We have total control of the Strait. TRUMP: AS LONG AS IRAN SHOWS RESPECT TOWARD THE U.S., THERE WILL BE NO PROBLEMS BETWEEN THE TWO COUNTRIES.

Alan Greenspan, the influential central banker who spent nearly 20 years as chair of the Federal Reserve, died Monday at the age of 100. Greenspan leaves behind a complex legacy, one of the most enduring parts of which was his shift toward protecting financial markets. Greenspan exhibited a deft touch with financial markets, saying the barest minimum in his ...

This note was delayed by marketing demands but I think it’s worth advancing a thesis I don’t see well covered. We now have three reports that provide convincing evidence that a temporary soft patch on underlying inflation is being left behind. Core inflation measures picked up in May and their three-month moving averages are restoring above-2% momentum in ...

Thailand’s Department of Special Investigation launched a major enforcement action against an alleged forex fraud network, raiding 24 locations across Bangkok and neighboring provinces and seizing assets worth hundreds of millions of baht. The operation targeted brokers, introducing brokers, payment processors, and individuals accused of operating ...

*VANCE ON IRAN: FEEL GREAT ABOUT PROGRESS WE'VE MADE *VANCE: SET UP MECHANISM TO MAKE SURE HORMUZ STAYS OPEN US VP Vance: Saw about 15m bbl of oil come out of Hormuz. Iranians allowing inspectors in for first time in while - Vance

The US has authorized the sale of Iranian oil and fuels as part of an agreement to end the war against Tehran, a sweeping change after years of punitive economic sanctions. The US Treasury Department issued a wide-ranging 60-day license that allows Iran to sell its energy products through Aug. 21. The license, which allows payments to be made in US dollars, ...

Everybody is fully aware that Iran will agree to have Major Weapons Inspections in order to ensure “Nuclear Honesty” long into the future. President DONALD J. TRUMP

So many things about the Euro drive me nuts. There’s the fact that the ECB has been completely co-opted by high-debt countries - capping their government bond yields when the going gets tough like in the summer of 2022 - but then senior ECB officials have the nerve to give speeches on how it’s important to hold the line against fiscal dominance and moral ...

ECB President Lagarde: Renminbi’s undervaluation warrants talks on excessive imbalances at G7

VP VANCE'S CLAIM ABOUT RETURN OF IAEA INSPECTORS TO IRAN IS FALSE, FARS REPORTS CITING A SOURCE THERE WAS NO TALK ABOUT PRESENCE OF INSPECTORS IN IRAN DURING SWISS NEGOTATIONS

When currencies are printed without limit, the role of gold becomes simple: Protect purchasing power. The challenge is that most investors do not fully grasp what that means. A simple illustration helps. Imagine a closed system with 100 individuals and 100 apples. Each person also holds one gold coin and one dollar, each of which has the same value: Each ...

#OOTT | Iran's Foreign Ministry Spokesperson: Tehran Did Not Negotiate The Nuclear Issue And Did Not Accept Any New Commitments In Sunday's Talks In Switzerland #Iran 's Foreign Ministry Spox: Interactions with the @iaeaorg will continue per current procedures, in accordance with Iran's obligations under the Safeguards Agreements, and strictly in line with Parliament laws & Supreme National Security Council (SNSC) decisions. pic.twitter.com/UFi19xbgqS

Canada's consumer prices rose 1.0% in May, lifting the headline inflation rate four ticks to 3.2%, above expectations and the highest since late 2023. A variety of food prices and travel-related costs added to the predictable jump in pump prices to drive this monthly rise, as ex-gasoline inflation picked up two ticks to 2.2%. But that's pretty much where ...

More Yen intervention currently underway, though it does not appear to be making much of a dent. Still holding well above 161 pic.twitter.com/DElRKlcbRV Yen Depreciation Returns to Two-Year Level: Finance Minister Katayama and US Treasury Secretary Bessent Held an Emergency Online Meeting. JAPAN-US FINANCE MINISTERS EXPECTED TO MEET - KYODO

UK PM Starmer announced his resignation, clearing the way for Andy Burnham, but UK markets are taking the political turmoil in stride, with the pound topping relative strength charts to start the US session. 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 ...

Suspected Yen Intervention USD/JPY makes a quick move lower. Eyes on intervention USD/JPY make a quick move lower after touching a session high. The pair briefly traded above 161.90 only to plunge promptly to 161.20. The dip has been bought though, with the pair back up to 161.65. Japanese officials have repeatedly warned that they're watching markets closely. On Friday, USD/JPY posted its highest weekly close in 40 years and the end of the Iran war doesn't appear to be helping. With today's earlier move higher, the June high of 161.80 broke but the July 2024 intraday high of 161.99 is still intact, albeit barely. These are going to be dicey times in yen trading as the Ministry of Finance is put to the test.

In June 2026, DG ECFIN’s flash estimate1 of the consumer confidence indicator2 continued its recovery in both the EU (+1.2 percentage points (pps) compared with May) and the euro area (+1.3 pps). At -17.0 (EU) and -17.7 (euro area), consumer confidence remains well below its long-term average. This month's Flash CCI for the EU aggregate is computed based on ...

BREAKING: US Treasury issues a general license waiving key Iran oil sanctions until August 21, 2026. On a quick read, it’s a rather wide ranging license, covering exports, shipping and ancillary services, and covers crude, refined products and petrochemicals. pic.twitter.com/befoKlJuL6

European Central Bank President Christine Lagarde on Monday said the ECB’s June rate hike was warranted under all staff scenarios, while indicating that the current shock did not yet justify a forceful policy response. In remarks prepared for a hearing of the European Parliament’s Committee on Economic and Monetary Affairs, Lagarde said that the Governing ...

video Date: 22/06/2026 • Reference: 20260622-1500-COMMITTEE-ECON • Category: Committees • Status: Planned • Location: ANTALL 2Q2

Thank you, Beth Anne, and I would like to welcome everyone to the fifth installment of this Conference on the International Roles of the U.S. Dollar.1 Over the years, this gathering has aimed to bring together different perspectives to better understand the forces shaping the dollar's central role in the global financial system. Last year's conference, for instance, focused on global investor allocation to U.S. safe assets and their liquidity in a time of geopolitical and technological change. This year, we are here to discuss the implications of financial innovations, especially digital assets such as stablecoins, for the international roles of the U.S. dollar. One striking feature of these discussions has been how rapidly the underlying questions have evolved since the first conference in the series. While the traditional drivers of the central role of the U.S. dollar in the global monetary system—from the size, strength, and depth of the U.S. economy and financial markets to trust in U.S. institutions and rule of law—remain critically important today, the environment around these drivers is changing rapidly. Technological innovation is increasingly altering how households and businesses interact with dollars, whether it is through holding new types of assets or through changes to the payment rails by which dollar-denominated assets are transferred, intermediated, and settled. Distributed ledger technologies and tokenized assets, such as stablecoins, are creating new channels for global dollar intermediation that operate alongside, or sometimes in conjunction with, traditional banking and payment systems. As a result, the dollar's international role is also evolving. The private sector is moving rapidly to expand access to dollar-denominated assets, innovate in new financial services, and explore potential business opportunities that perhaps did not make sense with legacy technologies. In doing so, there will be complements to the traditional financia Fed's Waller: Dollar’s global role changing with technology Fed Governor Waller did not comment on the economic or monetary policy outlook in his remarks.

It is a pleasure to return to this Committee for our regular dialogue. When we last met in February, inflation had remained close to the ECB’s 2% target for over a year, and euro area economic activity was showing solid growth momentum. Only a few days later, war broke out in the Middle East, reminding us how quickly external shocks can reshape the economic outlook. The topic you have chosen for today’s exchange – how monetary policy should be conducted in an environment of heightened geopolitical tensions and frequent supply shocks – is therefore particularly timely. In my remarks, I will first review what the incoming data tell us about the euro area economy and outline our latest monetary policy decisions. I will then explain in more detail how our monetary policy strategy is guiding us in responding to shocks such as the one we face today. ECB's President Lagarde: No evidence yet of de-anchoring or second-round effects that warrant a more forceful policy action *LAGARDE SEES NO NEED FOR MORE FORCEFUL ECB RESPONSE TO IRAN WAR ECB'S LAGARDE: WE ARE CONFIDENT THAT, WITH APPROPRIATE MONETARY POLICY ACTION, INFLATION WILL RETURN TO TARGET ECB's President Lagarde: ECB is 'well positioned' to navigate the situation

The Federal Reserve Board and the Federal Reserve Bank of New York are jointly organizing the Fifth Conference on the International Roles of the U.S. Dollar on June 22 and 23, 2026, in Washington, D.C. The U.S. dollar plays a preeminent role in the global economy through its use in international investment, funding, payments, and trade transactions, as well ...

The Consumer Price Index (CPI) increased 3.2% year over year in May, up from a 2.8% gain in April. Higher prices for gasoline continued to drive the acceleration in the headline CPI in May. However, excluding gasoline, the CPI still rose at a faster pace year over year in May (+2.2%) compared with April (+2.0%). The CPI was up 1.0% month over month in May. ...

The latest enhancement deepens the collaboration between two long-standing trading industry innovators, combining TradingView’s charting technology with easyMarkets established risk management tools Limassol, Cyprus - June 2026, easyMarkets, the global CFD broker with more than 25 years of industry experience, has expanded its offering on TradingView by ...

Alan Greenspan, the influential economist who steered U.S. monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died Monday, his wife said in a statement. He was 100. Greenspan helped shape modern American capitalism from the final years of the Cold War era through the dawn of the digital age. He presided over the ...

VANCE: YESTERDAY WAS A GOOD DAY FOR TALKS VANCE: HORMUZ IS OPEN VANCE ON IRAN TALKS: MADE A LOT OF GOOD PROGRESS VANCE: STRAIT IS OPEN VANCE ON LEBANON: WANT TO MAKE SURE HAVE PROPER COORDINATION VANCE ON IRAN TALKS: IRANIANS HAVE AGREED TO INVITE IAEA INSPECTORS BACK *VANCE: TECHNICAL TALKS WILL CONTINUE OVER COMING WEEKS *VANCE: I AM ABOUT TO GO HOME TO US *VANCE: TECHNICAL TEAMS WILL KEEP WORKING VANCE: WE WANT A REGIONAL CEASEFIRE || VANCE ON LEBANON: THIS IS A WORK IN PROGRESS || THIS WILL BE ONGOING CONVERSATION US VP Vance on Iranian assets: We wanted to set up a process that we can ensure funds help Iranians, not fund terrorism

Shipping through the Strait of Hormuz stalled over the weekend, according to maritime intelligence company Windward, after Iran announced it had again closed the world’s most important oil choke point. The update comes even as industry trackers showed Iranian tankers continued to sail through the strait, a narrow waterway that typically handles around 20% ...

The Euro initially fell on Friday to test support, where yet again, we have seen some interest in owning the Euro near the 1.14 level. The EUR/USD initially fell on Friday but has turned around to show signs of life, as we had gotten pretty negative over the last several days. And of course, we were heading into a weekend that also featured a holiday on ...