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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US inflation for August rose 2.5% year-on-year, in line with the market estimate. The US dollar posts gains against the major currencies today. Market odds of a 25 basis-point cut this month increase to 85%.
US CPI Data Keenly Awaited; Japanese Yen Rallies on BoJ Comments, USD/JPY Reaches 9-Month Low; Betting Markets See Small Swing to Harris After Presidential Debate
US Dollar and Stock Markets Gain Some Ground; Spectre of Chinese Deflation Subdues Asian Stocks; Yellen Says “No Red Light” for US Economy
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Fears Persist Fed Not Done Enough to Prevent Hard Landing; Asian Stocks Continue Decline, But US Futures, Yields Advance; Quiet Monday Likely
The Bank of Canada lowered rates on Wednesday by 25 basis points, lowering its key interest rate to 4.25%.
US Yield Curve Dis-inverts; Global Stocks Continue Decline; Japanese Yen Advances Strongly; Most Commodities Continue Decline; Disappointing US Jobs Data
Global Stocks Trade Sharply Lower; Japanese Yen Advances Firmly; Most Commodities Continue Decline; Aussie Lower on Poor GDP Numbers
Global Stocks Trade Lower; Japanese Yen and US Dollar Strongest in Forex; Most Commodities Decline
Stronger Yen as More Institutions Forecast USD/JPY Below ¥140; Hawkish Rate Comment from RBA; Commodities Lower in Early Trading
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According to the BEA, United States second-estimate GDP for the second quarter, released earlier today, indicated that the economy expanded at an annualized rate of 3.0%.
Canada’s Consumer Price Index (CPI) rose to 2.5% year-on-year in July, down from 2.7% and the lowest level since March 2021.
US CPI Drops From 3.0% to 2.9%, Stock Markets Edge Higher; US Dollar Looking Heavy on Support; Gold Flirts With Record High; EUR/USD Reaches 2024 High at $1.1050
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Sign up to get the latest market updates and free signals directly to your inbox.US inflation for July rose 2.9% year-on-year, close to expectations. The US Dollar is showing little reaction to the inflation report.
RBNZ Cuts Rates by 0.25%; Markets Await US, UK CPI Data; Stock Markets Continue Recovery; Gold Flirts With Record High; EUR/USD Tests $1.1000
Crude Oil Rises by Over 3% as Iran Expected to Attack Israel; Stock Markets Continue Recovery; Gold Flirts With Record High