KOSPI Continues Descent With >6% Daily Drop, Japanese Market Also Lower; Clashes Between USA, Iran, and Gulf States Continue Over Hormuz, but Crude Oil Stabilises; US Dollar Sells Off: UK GDP Rises
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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 fell more than expected in June, weakening the US Dollar, reducing near-term Fed rate hike expectations, and lifting stocks.
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US CPI Drops by More Than Expected, Sends Stocks Higher; Clashes Between USA, Iran, and Gulf States Continue Over Hormuz, Crude Oil Higher; US Dollar Sells Off
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US CPI Expected to Show Annualised Decline, No Monthly Change; Clashes Between USA, Iran, and Gulf States Escalate Over Hormuz, Crude Oil Higher, Stocks Lower; US Dollar Remains Strong; Hawkish Tilt at Reserve Bank of India?
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Clashes Between USA, Iran, and Gulf States Continue Over Hormuz; US Dollar Strong on Higher Rates Outlook, Iran Tensions; USD/JPY Trading Above ¥162; Equities Mixed to Lower
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Trump Says Iran Wants New Agreement, Stocks Rise, Crude Oil Stabilises Below $75; Japanese 10-Year Yield Hits 30-Year High; Indian Rupee at 1-Month Low
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The RBNZ raised interest rates to 2.50% and kept a hawkish inflation outlook, lifting the New Zealand Dollar while pressuring local stocks.
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Markets Expected RBNZ Hike, but Dovish Language Sent NZD Lower; Equities Fall on Chip Volatility; US Bombs Iran, Drops Oil Sanctions Exception, Crude Oil Rises; Precious Metals Remain Within Bearish Trend; Bitcoin Presents Double Top Below $65; Markets Await FOMC Meeting Minutes
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Dow Jones Industrial Average Rises Strongly to Another All-Time High; Precious Metals Bearish Again; Crude Oil Making Weak Bottom; Bitcoin Presents Double Top Below $65
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Japanese Bankruptcies Surge to Record on Weak Yen, Raising Further Intervention Fears; Gold and Silver with Standout Bullish Bounce; Markets Await US Services PMI Data
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US job growth slowed sharply in June as nonfarm payrolls missed forecasts, the unemployment rate dipped, wage growth improved, and the Dollar weakened.
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US Nonfarm, Average Earnings Data Can Influence Greenback Today; Japanese Ministry of Finance Makes More Intervention Threats; WTI Crude Oil Sinks to New 4-Month Low Below $67.50
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Japanese Currency Diplomat Warns on Yen, USD/JPY Exceeds ¥162.83; Bitcoin Remains Weak Below $60k; Crude Oil Weak Below $70; Equities Mixed on Asia Wobble; Gold, Silver Testing 7-Month Lows; USA/Iran Talks Shaky and Indirect
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Japanese Chief Cabinet Secretary Warns on Yen, USD/JPY Exceeds ¥162.35; Bitcoin Bearish Below $60k; Crude Oil Heading Below $70; Equities Mixed on AI Split; Gold, Silver Look Bearish, Gold Makes 18-Month Low; Markets Await Canadian GDP
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Bitcoin Reaches New 18-Month Low; Crude Oil Reaching for New 3-Month Low as Talks Back On; Equities Mixed on AI Split; Gold, Silver Look Bearish Near 6-Month Lows; Markets Await Canadian Inflation
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