Latest News — Markets, crypto, forex and trading news See all news
TRADENEWS BD Independent News & Media

Home / Forex

Forex

Euro rises as Eurozone growth outpaces forecasts

EUR/USD trades higher near the 1.1460 area on Thursday as stronger-than-expected European economic data and softer United States (US) growth figures place pressure on the US Dollar (USD).

US PCE inflation data confirm steady disinflation

The United States (US) Personal Consumption Expenditures (PCE) Price Index pointed to a further moderation in inflation in June. The headline index fell by 0.1% MoM after a revised 0.5% increase in May, while the annual…

Australian Dollar: RBA sees inflation still above target – BNY

BNY’s Geoff Yu reports that Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter described Australia’s Consumer Price Index (CPI) as slightly softer than expected, mainly due to fuel prices, but stressed infl…

New Zealand Dollar: Business survey supports RBNZ hikes – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the New Zealand Dollar (NZD) is stronger against major currencies, with local bonds underperforming as domestic data improve. The ANZ July business outlook survey point…

Gold trades sideways as US GDP disappoints, core PCE cools

Gold (XAU/USD) remains trapped in its month-old $4,000-$4,200 range as the Federal Reserve’s (Fed) new era of limited forward guidance fails to shake the precious metal out of its sideways grind after policymakers left …

Why is Kion stock sliding today?

New York (CNN) — Anthropic just launched a new AI tool that could replace dozens of software tools. And Wall Street is panicked.

Bank of England: Market pricing stays hawkish – ING

ING’s Michiel Tukker and Padhraic Garvey expect no change in the Bank of England (BoE) policy rate at the upcoming meeting, despite markets pricing in substantial tightening. They stress that United Kingdom (UK) rates a…

Breaking: US GDP expands 1.5% in Q2 vs 2.1% expected

The United States' (US) Gross Domestic Product expanded at an annual rate of 1.5% in the second quarter, the US Bureau of Economic Analysis' (BEA) first estimate showed on Thursday. This print followed the 2.1% growth r…