Forex News — page 2

The Bank of Canada left its policy rate unchanged at 2.25% for a seventh straight meeting, and major domestic lenders are now split over whether tariff-driven inflation risk will force a hike at the October decision.

Money markets show building bets on Bank of England tightening into 2027, with this week's rate decision now a closely contested call.

The BoE is expected to keep interest rates unchanged this week even after UK GDP data topped forecasts, according to market previews.

Tesla details European specifications for its long-delayed Semi truck as it eyes the continent's freight sector, signaling a push to expand into European logistics markets.

Economists expect the Bank of England to keep rates on hold at its next meeting and see a cut as the more likely following move, even as market pricing has turned more aggressive.

Swap markets are pricing a Bank of England rate increase within months after Governor Andrew Bailey flagged upside inflation risks tied to surging oil prices.

A U.S. Treasury official signaled readiness to act on the yen while the Treasury announced a longer-dated bond repurchase, helping lift the yen and weighing on bitcoin amid broader market jitters.

Trading in EUR/GBP remains choppy as the pair eyes a pivotal level near 0.8545, with a neutral bias until a clear breakout or reversal emerges, amid market focus on ECB policy expectations.

Bank of England policymakers offered starkly different responses to a renewed energy shock at a Treasury Committee hearing, exposing a widening rift on the Monetary Policy Committee.

The Bank of Canada left its policy rate unchanged for a seventh straight meeting, warning that the deepening US-Canada tariff dispute is pushing inflation risks higher just as the domestic labour market weakens.

The Bank of Canada left its policy rate unchanged for a seventh straight meeting, warning that renewed US tariffs and elevated oil prices could push inflation higher.

The BoC left its policy rate unchanged but adopted firmer language on inflation risk, a shift traders read as reducing the odds of further easing and lifting the Canadian dollar.

The Bank of Canada left its overnight rate unchanged but a hawkish shift in tone drove the Canadian dollar to a one-week high, before a shock August jobs report reversed the move.

Bank of England Chief Economist Huw Pill has urged a prompt Bank Rate increase to 4%, warning that delay risks letting Middle East-driven energy costs feed into wages and prices.

The Bank of Canada kept its policy rate unchanged at 2.25%, but a shift in its statement language and fresh inflation warnings from officials pushed the Canadian dollar to a one-week high.

The yen strengthens for a second straight session, pushing USD/JPY below 158 as bond yields ease and investors await the US jobs report; Tokyo shares rise modestly on a backdrop of softening US yields and global risk cues.

The Bank of Canada left its overnight rate target unchanged at 2.25%, citing Middle East-driven energy costs and a breakdown in Canada-U.S. trade talks as key risks to the outlook.

A break below a key support level for AUD/USD points to a downside correction of the recent rise, with attention on measured retracement and broader technicals that keep the pair among top performers year-to-date.

European gas prices jumped on the back of escalating U.S.-Iran tensions, reaching levels not seen since the early part of 2023, as markets priced in supply disruption risk.

The Bank of Canada is widely expected to leave its policy rate unchanged this week as an escalating U.S.-Canada tariff dispute complicates the outlook for growth and inflation.

Reports indicate BYD's overseas sales strategy is contributing to a rise in its stock, while Tesla's European performance is described as mixed

Markets pricing suggests earlier Bank of Canada rate hikes earlier than economists expect, shaping USD/CAD near key support and upcoming data

At the G20, Treasury Secretary Bessent highlighted Iran’s response to sanctions and suggested the ongoing pressure could influence a broader approach to global FX policy

Economists unanimously expect a seventh straight hold at 2.25% on September 2, but Scotiabank and National Bank break from rivals in forecasting an October hike.

Markets now assign a 98% probability to an ECB rate hike at its next meeting, alongside a fresh reading showing eurozone economic sentiment extending its recovery.

Markets and a fresh economist poll both point to a near-certain rate increase from the Reserve Bank of New Zealand (RBNZ) at its September 2 policy meeting.

US dollar stabilizes near a one-week peak while gold consolidates around $4,600 per ounce ahead of Federal Reserve Chair Kevin Warsh’s address at the Jackson Hole Economic Symposium.

The Eurozone's Economic Sentiment Indicator climbed to 98.4 in August, surpassing forecasts of 97.5 and marking an upward revision to the prior month, while industrial confidence and employment expectations also posted gains.

President Donald Trump executes an immediate directive to rename Lake Ontario to Lake America amid ongoing trade tensions with Canada, while also eyeing rebranding of the Atlantic and Pacific Oceans.

The greenback extends its recovery ahead of the Jackson Hole symposium, driven by a hotter-than-expected July PCE print and renewed emphasis from Federal Reserve policymakers on inflation control.