Canadian inflation fell to a slightly lower level than expected, while New Zealand’s data was in line with the consensus expectation.
The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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Benchmark S&P 500 Equity Index Touches 6,100 Late Yesterday; Stocks Led Broadly Higher by AI Technology; President Trump to Speak Later Today
After Reaching New Record High, Bitcoin Fails to Close at a High; President Trump Floats 10% Tariff on China, Threatens EU, Panama; US Dollar Continues Retreat; Bank of Japan Strongly Expected to Hike Rates by 25 bps
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After Reaching New Record High, Bitcoin Falls Strongly to $101k; President Trump Inaugurated, Floats 25% Tariff on Mexico & Canada; Chinese Equities Rise as Trump Avoids Immediate China Tariff; $TRUMP Meme Coin Rising Again
Bitcoin Powers to New Record High; Global Stocks Mixed Ahead of President Trump's Inauguration; Reports Bank of Japan Certain to Hike Rates This Week
US Core Inflation Metric Comes in a Fraction Low, Stocks Higher, USD Lower; Bloomberg Reports Bank of Japan Almost Certain to Hike Rates Next Week, Boosting Yen
Core inflation dropped to 3.2% from 3.3%, boosting expectations of a March rate cut and sending the Dollar lower and stocks higher.
All eyes will be on today’s scheduled release of US CPI (inflation) data, which is expected to show a month-on-month increase of 0.4%.
Major Equity Indices Sink Before Recovering Later; US Dollar Weakens as Gradual Trump Tariffs Floated; Bank of Japan Makes Hawkish Comments on Rates; Markets Await US PPI Data Release
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US Dollar Keeps Getting Stronger, Trading at 2-Year High; British Pound, Australian Dollar are Weakest Major Currencies; Strong US Jobs Data Weighs on Markets; Global Stock Markets Lower
Fed minutes reveal inflation concerns and cautious monetary policy amid potential risks from Trump’s trade and immigration policies.
Options Market Bets on Lower Pound, Fear UK Government Lack of Credibility; Aussie Dollar Lower on Weaker Retail Sales; FOMC Minutes Show Cautious Take on Inflation; Global Stock Markets Mostly Lower.
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Governor Ueda Wants to See Wage Rises Before Hiking Rates; Bloomberg Asia Dollar Index at 20-Year Low
Asian Stock Markets Mostly Lower; US Dollar in Strong Bullish Trend.