BoE Expected to Raise Rate by 0.25%; Stock Markets Continue to Trade Lower; BoJ Announces Unscheduled Bond Purchases Again; Swiss Inflation Expected to Fall
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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Fitch Moves US from AAA to AA+, Asian Stocks Falls Strongly; US Dollar Continues Weak Advance; New Zealand Unemployment Rate Rises
RBA Keeps Rate at 4.10%, Aussie Drops; Asian Stocks Performing Well; US Dollar Continues Advance
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Asian Indices Above Friday’s Closes; US Dollar Continues Advance; RBA Policy Meeting Tomorrow
Less than 24 hours following the US Federal Reserve’s decision to raise interest rates by 0.25% to 5.50%, the European Central Bank also hiked its rate by 0.25%, to 4.25%.
Market Priced in Fed 25bps Hike; Stocks Mixed Ahead of Major Earnings Reports; Australian Inflation Falls to 5.4%
Market Priced in Fed 25bps Hike; Stocks Mixed Ahead of Major Earnings Reports; Australian Inflation Falls to 5.4%
Energies Rising on Supply Shortages; Chinese Stocks Higher on Stimulus; Bank of Japan Expected to Keep Negative Rates; Markets Looking Ahead to FOMC, Australian Inflation Wednesday
Germany, France, and UK Show Plunging Economic Activity, Sinking Euro; US Dollar Continues to Strengthen; Markets Looking Ahead to FOMC Wednesday
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UK Inflation Falls to 7.9%; US Stock Indices Reach New Highs; US Dollar Makes Small Bounce; Wheat Jumps as Russia Threatens Ukraine Ships
Canada’s Consumer Price Index (CPI) dropped to 2.8% year-on-year in June, down from 3.4% in May and below the consensus forecast of 3.0%.
US Shares Gain in Wide Rally; Yen Weakens on Central Bank Easing Vow; EUR/USD Reaches New High; Canadian Inflation Lowers; US Retail Sales Drop
EUR/USD in Focus as it Rises to New High; US Dollar Weaker as Sentiment Favors Final Fed Hike; RBA Meeting Minutes Showed Strong Case for Extra Rate Rise
Fed Members Make Hawkish Comments on Further Hikes; Weak Chinese Growth; US Dollar Steadies
The Bank of Canada (BoC) raised interest rates by 25 basis points on Wednesday for the second straight meeting. This brought the cost of borrowing to 5.0%, the highest level since 2002.