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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The Bank of Canada has cut rates by 25 basis points to 4.50%, but the Canadian dollar showed only a muted response to the rate cut.
Risk Sentiment Deteriorates With Big Tech Selloff, S&P 500 Index Worst Day in Almost a Year, Asian Stocks Follow Sharply Lower; Bank of Canada Cuts Rates by 0.25%; USD/JPY, Silver Hit 2-Month Low; Indian Rupee Still Threatens Record Breakdown
Bank of Canada Expected to Cut Rates by 0.25%; USD/JPY Hits 2-Month Low, US Dollar Bulls Push Into Resistance Zone; Indian Rupee Threatens Record Breakdown
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Indian Rupee Gains After Flirting With Record Low; US Dollar Continues To Sit Below Resistance; VP Harris Favourite for Dem Nomination, Trump Favourite for Election; Stocks Rise Yesterday
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
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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.
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
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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.
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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.
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