Forex news

2025-03-12T19:49

US Inflation Decreases; Pressure Mounts on the Fed to Reduce Interest Rates

The US Bureau of Labor Statistics announced that the consumer price index (CPI) increased by only 0.2% in February, falling short of the anticipated 0.3%.

2025-03-02T10:14

Trump: New US tariffs against Canada, Mexico and China take effect on March 4

New US tariffs on goods from Canada, Mexico, and China go into effect on March 4th. Stay informed on the potential economic impacts and trade implications.

2025-02-25T10:06

South Korea,s Bank of Korea cuts interest rate to 2.75%

This rate cut was widely expected. Many analysts predicted this move. The Bank of Korea also shared new economic forecasts.

2024-10-29T12:15

Japan finance minister vows to closely watch FX moves

Japan Finance Minister Katsunobu Kato reiterated on Tuesday that the authorities would be vigilant to foreign exchange moves, including those driven by speculators.

2024-10-28T13:47

Dollar steady at start of action-packed week; euro edges higher

The U.S. dollar steadied Monday, on course for a hefty monthly gain, while the euro was steady at the start of an action-packed week.

2024-10-26T18:28

Dollar edges lower after data as recent rally stalls

The dollar slipped for a second straight session, as a recent ascent lost steam, but the greenback was still on track for a fourth straight week of gains after data this week kept interest rate expectations for the Federal Reserve in check.

2024-10-25T12:07

Asia FX muted as dollar holds weekly gains; yen steady with election in focus

Most Asian currencies weakened slightly on Friday as the dollar retained a bulk of its weekly gains on expectations of a slower pace of interest rate cuts by the Federal Reserve.