Forex News — page 4

Following an in-line U.S. CPI print, Asia FX and the dollar remained steady as traders weigh the Federal Reserve’s next steps and the risks ahead.

Japan's wholesale inflation cooled modestly in July to 7.2% year-on-year, driven by a slowdown in the Corporate Goods Price Index, with the weak yen continuing to amplify imported cost pressures.

The US federal deficit in July surged to its largest month since March 2021, part of a larger 10-month deficit approaching $1.8 trillion for the fiscal year so far.

Australia imposes a mandated hourly floor for gig-delivery workers, along with new insurance rules, affecting about 250,000 workers and potentially modestly lifting labor costs across the sector.

European shares finished mixed, with Germany’s DAX and Spain’s Ibex closing at new records while other indices retraced gains.

European equities traded mixed while oil and gas prices rose on persistent uncertainty about the Strait of Hormuz reopening, with investors awaiting upcoming U.S. inflation data for cues

A surprise drop in U.S. jobs coincides with renewed worries about the Fed’s stance, helping the dollar retreat and dimming expectations for further hawkish policy moves

China’s July exports defied tariffs with a strong year-on-year rise driven by high-tech demand, even as growth cooled from June and amid ongoing tariff pressures

As markets brace for the US jobs report, USD/JPY rises from the 155.25 zone, clearing a short-term pattern resistance near 158.00, while stock futures hold near flat ahead of the payrolls release.

The dollar strengthened as short- and long-term Treasury yields advanced ahead of the U.S. jobs report, while stocks softened and oil surged on Iran-related headlines, shaping a cautious mood in markets.

June eurozone retail activity declined by 0.3% month-on-month as both food and non-food segments softened, with revisions signaling a fragile consumer backdrop.

Novo Nordisk secured a preliminary Dutch court injunction banning a local company from selling a compounded semaglutide nasal spray, marking a legal step in protecting its formulation and brand rights.

Regional currencies firm as the dollar eases near a six-week low following India’s RBI decision to hold rates amid global cues

July PMI readings show Japan's services sector expanding at a slower pace and Australia’s services activity strengthening, underscoring divergent momentum in the region.

U.S. JOLTS data for June show job openings down to 7.36 million with hiring rising, a mixed read that comes ahead of the official payrolls release and alongside estimates from labor data reports

June US JOLTS data show job openings down from May, signaling a gradual cool in the labor market without decisive weakness, according to Action Forex and ForexLive reports

Reports indicate President Trump said negotiations with Iran are taking place now, with references to a last-chance window and discussions touching on the Strait

US manufacturing activity accelerated in July, with the ISM index posting its strongest reading in years, while employment rose and price pressures remained a focal point for policy expectations.

Markets absorbed a joint intervention that steadied the yen, with the currency trading around ¥157 per dollar after earlier hitting a four-decade low near ¥163

Markets reacted to coordinated yen intervention, with traders weighing the yen’s move against the backdrop of divergent policy paths and weakness in related equities.

July's final Eurozone manufacturing PMI rose to a three-month high, led by Germany, with France and Italy showing mixed readings while China’s private sector also extended growth

A coordinated yen intervention by Japan and the United States was confirmed within hours, intensifying the debate over USD/JPY dynamics and the potential for a stabilization bid near key levels.

Markets saw a yen rally after reports that Japan and the U.S. coordinated intervention, with authorities signaling willingness to act again if needed.

Markets weigh value opportunities in Europe while cloud computing names draw attention as one outlet highlights the potential for AWS to reach trillion-dollar revenue milestones

US Treasury intervened to back the yen through purchases after Japan's authorities acted, marking Washington and Tokyo's first yen-buying coordination in over a decade according to FT reports

Dollar retreats in July trading as the yen’s slide appears to have cooled following a reported intervention, while the Bank of Japan kept policy unchanged in a widely anticipated move

Official PMI data for July shows China's manufacturing sector contracting again, as domestic demand remains feeble and momentum from Q2 wanes, according to Action Forex and ForexLive reports.

The yen jumped on reports of suspected official intervention as traders awaited an imminent Bank of Japan rate decision, with analysts noting possible yen-buying activity amid ongoing speculation.

The Bank of England kept Bank Rate at 3.75% at its July meeting amid a mixed MPC vote, while the U.S. dollar recouped losses after the Fed left policy unchanged and markets weighed geopolitical risks driving inflation expectations.

Markets contested a split Federal Reserve stance as a minority of officials favored a rate hike, leaving the dollar weaker amid stubborn inflation and a cautious risk backdrop