Forex News — page 3
Original FXMARE forex news briefs — central-bank moves, currency-pair drivers and FX market coverage, newest first. 230 articles.
- Dollar Tree Reports Strong Q2 Earnings, Raises Full-Year View on Tariff Refunds
Dollar Tree Inc. posted second-quarter revenue and earnings that exceeded expectations, driven by consistent consumer demand and a substantial one-time benefit from tariff-related refunds, prompting an upgrade to its full-year adjusted EPS forecast.
- US July Durable Goods Orders Beat Forecast, Yet USD Weakens
July durable goods orders climbed 1.1 percent versus a 0.5 percent forecast, though weaker core readings prompted a decline in dollar strength amid mixed manufacturing data.
- BEA to Release July PCE Index Amid EUR/USD Overbought Technical Setup
Markets anticipate critical U.S. inflation data as the EUR/USD pair consolidates near recent highs amid overbought technical readings.
- Softer Australian Inflation Data Reshapes Currency Outlooks Amid EURAUD Consolidation
Weaker-than-anticipated Australian consumer price figures are recalibrating reserve bank policy expectations, adding volatility considerations to the EURAUD cross.
- USD/CAD Tests 1.3900 With Resistance at 1.3972 and Support at 1.3730
USD/CAD evaluates the 1.3900 level following significant volatility for the Canadian dollar, while technical structure positions the 1.3972 retracement as overhead resistance and 1.3730 as a critical support threshold.
- European Equities Gain on Iran Sanctions Relief and Defence Strength
European stock markets advanced on Tuesday as geopolitical friction regarding Iranian sanctions diminished, supported by strength in the defence sector and a pullback in U.S. Treasury yields linked to U.S. fiscal funding reports.
- Australian Dollar Consolidates Below Technical Barrier Ahead of Inflation Release
Currency markets brace for the Australian CPI print as technical resistance halts an eight-week rally and central bank minutes underscore evolving policy debates.
- GBP/USD Climbs Above 1.3650 as Momentum Cools Near Resistance
Sterling extends its upward trajectory past 1.3650 while technical indicators flash warnings of cooling momentum and potential short-term reversals.
- European Leaders Convene in Kyiv as France and UK Expand Missile Aid to Ukraine
French and British officials pledge increased missile shipments to Kiev as allies gather to strengthen air defense and pressure Moscow.
- Canadian Dollar Falls as US-Canada Trade Talks Fail, Raising Trade War Concerns
The Canadian dollar weakens as bilateral trade negotiations break down, with strategists flagging significant vulnerability for Canada's open economy amid threats of intensified commercial conflict.
- Treasury Yield Strategy Sparks Debate Over Transatlantic Capital Rotation
Policy efforts to reduce U.S. bond yields coincide with shifting equity dynamics, raising considerations for cross-continental fund allocation ahead of key tech earnings.
- Australian Dollar Accelerates Gains as Local Equities Rebound on Global Cues
The Australian dollar surged nearly 0.85 percent to trade near 0.7180 on Friday, while domestic stocks recovered earlier losses on Monday amid positive American market signals.
- New Zealand Retail Sales Contract in Second Quarter Amid Fuel Price Pressures
New Zealand’s second quarter retail sales volume declined 0.5 percent quarter-on-quarter, missing forecasts and registering a significant slowdown that left the local currency largely unmoved.
- Gates Foundation Retains Berkshire Hathaway as Primary Equity Position
The Bill Gates Foundation Trust maintains a concentrated equity strategy anchored by Berkshire Hathaway, reflecting a preference for long-term compounders over high-growth technology sectors.
- USD/CHF Tests Support Ahead of US Inflation Data and Jackson Hole Event
The USD/CHF pair consolidates near a critical technical zone as traders anticipate upcoming U.S. inflation reports and commentary from the Jackson Hole meeting.
- USD/JPY Rebounds from 157.99 as Action Forex Highlights Neutral Bias and Downside Risks
USD/JPY recovers from 157.99 low with Action Forex setting a neutral weekly bias and identifying a downside path toward 155.22, while Investing.com lists the pair among top markets to watch.
- Canada retail sales rise in June, core strength seen ahead of July read
Canada's retail sales increased 0.6% in June on a monthly basis, with core spending showing strength and a firmer July reading anticipated, according to Action Forex and ForexLive reports.
- Eurozone and UK PMIs show mixed recovery amid services strength in UK
UK private-sector growth picked up modestly in August while euro-area PMI data pointed to a divergent mix of services resilience and manufacturing strength across core economies, according to Action Forex and ForexLive.
- Japan exports rise on AI boom and chip shipments, beating expectations
Japan’s export growth accelerated for a fifth straight month, driven by semiconductor shipments and AI-related demand, narrowing the trade deficit versus forecasts.
- Canadian dollar extends losses as US downplays trade deal hopes
The Canadian dollar slid further as US officials reduced expectations for a quick trade agreement with Canada ahead of a looming tariff deadline, prompting market caution.
- Action Forex outlines mixed intraday biases across major currency pairs
Action Forex reports a mix of intraday biases across several major FX pairs, with notable resistance and support levels highlighted for EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, and GBP/JPY.
- Germany ZEW August: Sentiment climbs to 34.2 as current conditions improve
ZEW August survey shows German investor sentiment rising to 34.2 and current conditions steadying at -61.1, signaling a more upbeat mood ahead of the autumn period
- Asia FX climbs as Fed-hike bets ease; yen firmer despite weak Japan GDP
Markets push back expectations for further Fed rate hikes, lifting Asia FX as yen gains despite soft Japanese GDP data, according to Investing.com and ForexLive.
- U.S. Retail Sales Fall in July, Overshadowing Expectations
Commerce Department data show July retail activity declined, underscoring weaker consumer spending and inflation-adjusted volumes
- UBS revises USD/CAD target on rate-differential outlook
UBS has adjusted its outlook for USD/CAD in light of expectations about the interest-rate differential, as the pair resumes a downward move after brief consolidations.
- Trump imposes tiered tariffs up to 100% on drone imports
President's plan envisions a multi-rate tariff regime targeting militarily sensitive drones, with potential implications for markets and specific stock groups
- New Zealand PMI Manufacturing slips to 54.3 in July after June surge
New Zealand's manufacturing sector remained in expansion in July, but cooled from the prior month's surge, with the PMI at 54.3 while all sub-indices stayed in expansion territory.
- Uber and Pony.ai to roll out more than 2,000 robotaxis in Europe
Uber teams with Pony.ai to deploy over 2,000 robotaxis in Europe as fleets enlarge in pursuit of commercialization.
- Eurozone industrial production stalls in June, EU output nudges higher
Eurozone industrial production was flat in June, while broader EU output rose modestly, with revisions signaling a shift in May activity.
- Dollar strengthens as US inflation data points to cooling but steady pace
July US inflation data reinforced the dollar's strength against commodity currencies while traders weigh upcoming UK data and Fed signals