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.
Stock Markets Rise as US Rate Cuts Firmly Anticipated; S&P 500, NASDAQ 100 Indices Near Record Highs; Gold Close to Record High at $3,600, Precious Metals Retreating Today; No High Impact Releases Scheduled Until US CPI on Wednesday
Gold and silver prices are red-hot and show few signs of seriously slowing down. The two precious metals have dazzled in 2025, with gold climbing 35% and silver 42% since January 1.
Gold Breaks to Major New High Near $3,600, Trump Attacks on Fed May be Boosting; Silver Makes New All-Time High Above $41; US JOLTS Job Data Weakest in 10 Months, Raises Expectations of Rate Cuts at Next Fed Meetings
Gold Breaks to Major New High Above $3,500; Silver Makes New All-Time High Just Below $41; Australian GDP Shows Strongest Growth in Nearly 2 Years; Trump Appealing Tariff Ruling; Stock Markets Mostly Lower
Gold Breaks to Major New High Above $3,500; Silver Makes Unusually Strong Gains, Reaches All-Time High Price Above $40.70; Platinum Nears Breakout to 1-Year High; Stock Markets Mostly Lower
Ethereum (ETH) surged to an all-time high above $4,950 on August 24th, igniting excitement across the crypto market. However, a subsequent 12% retracement to $4,300 has sparked debate: has ETH reached its peak, or is this a healthy correction before further gains?
Silver Makes Unusually Strong Gains, Reaches All-Time High Price Above $40; Gold Close to $3,500 and Rising, Platinum and Palladium Trading Higher; Tariff Legal Controversy Stirs in USA Following Court Ruling, Stock Markets Mostly Lower
US advance GDP data released Thursday was unexpectedly strong, possible due to recent new tariffs boosting demand for domestic goods.
S&P 500 Index Makes New Record, But 6,500 Unbroken; NVIDIA Falls 4% on Poor Growth Forecast; US Preliminary GDP of 3.1% Expected; Gold Looks Poised for Bullish Breakout Soon
Australian CPI Jumps to 2.8%; Trump Fires Fed Board Member for Cause, Court Case Ahead; Crude Oil Falling; S&P 500 Index Close to All-Time High
CME FedWatch Shows 87% Chance of September Rate Cut of 0.25%, 43% Chance of Additional Cut Next Meeting; Stocks Rising in Asia; Ethereum Hits Record High Sunday but Retreats
US CPI stays at 2.7% in July, core CPI rises to 3.1%, boosting market odds of a September Fed rate cut to 94%.
The Bank of England (BOE) lowered the cash rate at today’s meeting by a quarter-point. This marks the second rate cut this year and brings the cash rate to 4.0%, its lowest level since March 2023. The British pound rose 0.50% after the rate decision.
The US Federal Reserve maintained the funds rate at 4.25%-4.50% at Wednesday’s meeting.
President Trump Announces Trade Deal With EU, 15% Tariff on Imports; US Stock Indices Rise Strongly; FOMC Meeting Awaits, Rate Hold Expected
