NZD at 3%; Stocks Remain Strong, Risk Rally Continues; Canadian Inflation Drops
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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S&P 500 Index Reaches New 3-Month High; Risk Rally Continues; RBA Minutes Suggest Further Rate Hikes
Bitcoin Breaches $25k; S&P 500 Index Reaches 3-Month High; Risk Rally Continues
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US Inflation Falls to 8.5%; Greenback Sells Off; Stocks, Risky Assets Higher
Over the past 12 months the CPI revealed that inflation has increased by 8.5% over the past year, a fall from the 9.1% year on year rise that was announced last month for June.
US Inflation Data Due Later; Stocks, Risky Assets Slightly Lower
US Inflation Data Due Tomorrow; Global Growth Concerns; Bitcoin, Commodities Higher
Job Growth Suggests Stronger Hikes Needed; US Dollar Advances; RBNZ Raises Inflation Forecast
UK interest rates reach their highest level in 6 years as inflation forecast increases.
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BoE Meeting on Rates and Monetary Policy; US Services Buoyant; Kashkari Says No 2% Inflation for Years; S&P 500 Near 2-Month High
Greenback Gains Ground, Euro Weak; US JOLTS Job Data Lower; Taiwan Tension; FOMC Remarks
Greenback Drops, Yen Strong; RBA Hikes by 0.50%; US JOLTS Job Data Awaits
Yen Gains Significantly Over Week; Fed’s Kashkari Warns on Inflation; USD Selloff Continues
The European Central Bank surprises the market by hiking rates by 0.50% when a hike of 0.25% had been widely expected, boosting the value of the Euro.
ECB Seen Hiking by 0.25%; BoJ Maintains Easy Policy; Canadian Inflation Undershoots; Major Cryptos Hit New Highs; USD Selloff Continues; Stocks, Risk Assets Advancing