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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Indian Rupee Makes Record Low Close Against USD; US President Biden Announces Withdrawing From Race, Endorses VP Harris; US Dollar Fails to Rise After Testing Resistance Zone at 103.92; US Stocks Edge Higher
NASDAQ 100 Index Suffers Worst Drop Since 2022, Asian Indices Lower; Markets Await ECB; Gold Threatens New Record High; US 10-Year Treasury Yield Hits 4-Month Low
We continue to see a global trend of inflation moving lower.
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Gold Makes Strongest Daily Rise in Months to New Record; US 10-Year Treasury Yield Hits 4-Month Low; Some US Equity Indices Make Record Highs
Gold Closes Near High and Continues to Tick Higher in Asian Session; US Treasury Yields Falling on Prospect of Trump Victory; US Equity Indices Make Record Highs
Political Boost from Assassination Attempt Seen Likely, Trump 65% Probable to Win; US Treasury Yields Fall on Prospect of Trump Victory.
US inflation for June declined to 3.3% year-on-year. This was lower than the forecast and the US Dollar has declined following the inflation data release.
US CPI Seen Falling From 3.3% to 3.1%; S&P 500, NASDAQ 100, Nikkei 225 Power to New All-Time Highs; UK GDP Stronger Than Expected.
RBNZ Holds Rates But Confident Inflation Under Control; S&P 500, NASDAQ 100, Nikkei 225 Trading at New All-Time Highs Wednesday; Fed Chair Powell Gives Neutral Testimony.
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S&P 500, NASDAQ 100, Nikkei 225 Trading at New All-Time Highs Tuesday; Markets Await Fed Chair Powell Testimony; 77% Now Expect September Fed Cut.
Bullish Global Stocks Boost Japanese Market; Left Comes First, Far-Right Last, in French Parliamentary Election; S&P 500, NASDAQ 100 Hit New All-Time Highs Friday; Markets Await Fed Chair Powell Testimony
The Federal Reserve released late Wednesday the minutes of the June 11-12 Federal Open Market Committee (FOMC) meeting. At the June meeting, policymakers maintained rates at the target range of 5.25%-5.5% for a seventh straight time.
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Stocks Rise After Powell Says Inflation Trending Down; Major Equity Indices See Record High Closing Prices; Markets Await FOMC Minutes
USD/JPY Makes Record Near ¥162; Euro Runs Out of Momentum, Although RN Majority Unlikely in France; Markets Await Eurozone CPI Estimate