Forex News — page 7

Japan’s manufacturing PMI for June rose to 54.8, extending six months of expansion and marking the strongest quarterly run since early 2014, aided by demand linked to artificial intelligence applications

Australian manufacturing activity improved in June, with the final PMI edging higher to a five-month high, though the underlying pace of output softened despite the headline expansion.

Open USD, a rival stablecoin network promoted by Open Standard, attracts backing from major crypto and fintech players, pressuring Circle’s USDC while highlighting a shift in stablecoin competition

As USD/JPY climbs to a fresh multi-decade high, traders focus on potential Japanese government intervention timing rather than levels, while broader market narratives link the move to carry-trade dynamics and cross-asset correlations.

AUD/USD retreats despite hawkish RBA minutes as traders reassess the path of policy, while regional data from New Zealand and broader market factors temper risk appetite around the currency pair

Official manufacturing activity improved modestly in June, while export orders rose, though a stronger headline may mask ongoing domestic demand weakness according to analysts.

The Japanese yen weakened to its lowest level against the dollar since 1986, with markets on alert for possible intervention by Japanese authorities amid persistent depreciation pressures.

Taiwan authorities raid Super Micro Computer's Taiwan offices as part of a broadened probe into suspected chip exports, with the company’s shares moving lower on the developments.

Deutsche analysts anticipate double-digit growth in Europe's Q2 earnings, with gains driven by one key sector, according to reports from Investing.com and CNBC.

EUR/USD faced renewed selling pressure as the pair neared a major support zone, with traders weighing Fed hawkish signals, speeches cited by Sintra, and looming NFP risk amid a busy week for currency markets.

U.S. Secretary of State Marco Rubio outlined a framework for ending hostilities in Lebanon, linking a ceasefire to Hezbollah’s agreement to halt actions, while balancing Israel's security with Lebanon's sovereignty.

Trilateral talks mediated by the United States in Washington led to a framework agreement between Israel and Lebanon, with the parties signaling that further work remains before full implementation.

UBS lifts its dollar outlook, signaling a stronger greenback through the second half of 2026 and projecting further weakness in the euro and yen, according to multiple outlets reporting the bank's revised forecasts.

The US dollar strengthened through June as a steady-but-hawkish Federal Reserve outweighed a rate-hiking European Central Bank, leaving the euro and sterling on the back foot.

May 2026 ECB Consumer Expectations Survey signals lower near-term inflation expectations and a more favorable growth outlook for the euro area.

European stocks are set for a softer open as delayed AI catalysts and ongoing bets on tighter Fed policy underpin a cautious mood, while gold trends lower on a firmer dollar and renewed rate-hike expectations

Bank of America shifts its G10 FX forecasts, lowering euro projections and adopting a more constructive view on the U.S. dollar as expectations for a hawkish Federal Reserve persist.

Spark moved about $150 million of stablecoins into two Uniswap v4 pools to push a shared liquidity framework for a broader stablecoin ecosystem on Ethereum.

Initial U.S. jobless claims dipped to 215,000, signaling ongoing resilience in the labor market while continuing claims edged higher against a mixed backdrop of expectations.

May durable goods orders fell 4.5% month-on-month, led by a sharp pullback in transportation equipment, while core components showed mixed strength against expectations

The U.S. dollar holds firm while stock markets slide as expectations grow that the Fed will keep policy restrictive for longer, with gold sliding toward a seven-month low on dollar strength.

Volkswagen agrees to divest a majority stake in its Everllence unit to Bain Capital, with a deal value reported near EUR 7.4 billion, according to multiple outlets.

Asia markets rally after Micron beats on earnings and revenue, renewing optimism over AI-driven demand and lifting risk sentiment across regional equities

Australian payrolls rose in May, underscoring a brighter May employment picture even as an April revision and a shift toward part-time hiring temper the overall view

German Ifo business climate edged higher in June, with the headline index at 85.6, reflecting cautious optimism amid improving current conditions and fading expectations of a tougher environment.

FX markets watch USD/JPY as resistance gives way amid intervention risk, while AUDUSD and NZDUSD slide past key supports on downside waves

The Bank of Japan's June Summary of Opinions showed a hawkish tilt, with members advocating quicker moves toward a 2% inflation-neutral stance as markets priced in another potential BoJ move by year-end.

Chainlink-led alliance with 47 banks in Europe and South Korea aims to test real-time FX settlement using regulated euro and won stablecoins.

EU lawmakers approve a legal framework to launch a state-backed digital euro by 2029, outlining offline and online use, privacy safeguards, holding limits, and no interest payments.

The Bank of England moves to ease rules for systemic stablecoins, replacing holding limits with a 40-billion-pound issuance cap and offering favorable terms ahead of a 2027 market launch.