Foreign Exchange
-
UK August CPI rose 3.1% year-on-year, a new high since March, in line with expectations; the market expects the Bank of England to keep interest rates unchanged on Thursday.
The UK's Consumer Price Index (CPI) rose by 3.1% year-on-year in August, up from 2.9% in July and the highest level since March this year, the Office for National Statistics announced on September 16.
-
Markets are cautiously optimistic ahead of the Federal Reserve's decision, with U.S. Treasuries slightly stronger, crude oil gains narrowing, and equity index futures holding steady.
The market is almost certain that the Federal Reserve will raise interest rates by 25 basis points later on Wednesday. Driven by this expectation, U.S. Treasury bonds saw a slight strengthening, crude
-
Seoul stocks snap 4-day losing streak, KOSPI up 1.37% on chip bargain hunting
Seoul stocks snapped their four-day losing streak to close sharply higher as investors went bargain hunting for major tech shares and semiconductors. The benchmark Korea Composite Stock Price Index cl
-
The ECB's wage tracker shows wage growth at 2.7% in the first half of 2027, signaling a moderate rise in negotiated wage growth.
The European Central Bank's (ECB) wage tracker data shows that wage pressures covered by active collective bargaining agreements, smoothed for one-off payments, were 2.2% in 2026. The overall wage tra
-
Uganda Shilling Slumps to Two-Year Low as FX Demand Soars
Uganda’s shilling slumped to a two-year low against the dollar, weighed down by a surge in demand for foreign-exchange in key economic sectors including energy, manufacturing and telecommunications.
-
European Stocks Advance as Bond Selloff Eases Ahead of Fed Decision
European shares snapped two days of losses as oil prices eased and the bond selloff slowed, with traders looking ahead to the Federal Reserve’s interest-rate decision later today.
-
Invesco Says It's 'More Risky' If Fed Doesn't Hike Rates
Invesco Says It's 'More Risky' If Fed Doesn't Hike Rates
-
Japanese Shipper Mitsui OSK Lines Does Not Expect LNG Shipments Through Hormuz Strait to Resume Soon
The top Japanese shipping firm said this signals a prolonged disruption that could keep prices elevated and curb demand across Asia.
-
Japan's August exports rose 19.3% year-on-year, with the trade deficit expanding to 1.1 trillion yen, marking the fourth consecutive month of deficit.
Japan's exports rose 19.3% year-on-year in August, slowing from July's 23.2% but exceeding economists' median forecast of 18.4%, data from the Ministry of Finance showed on Wednesday. Imports surged 2
-
UK inflation jumps to 3.1% as energy costs soar
UK inflation jumps to 3.1% as energy costs soar
-
Hong Kong to Launch Dim Sum Bond Index, Aiming to Boost Trading and Reinforce Offshore Yuan Hub Role, Says Chief Executive John Lee
Hong Kong to Launch Dim Sum Bond Index, Aiming to Boost Trading and Reinforce Offshore Yuan Hub Role, Says Chief Executive John Lee
-
Pound and UK Stocks Stronger Ahead of Inflation Data
Pound and UK Stocks Stronger Ahead of Inflation Data
-
Top economists in FT-Booth poll say Fed should defy Trump with rate rise to tame inflation
Top economists in FT-Booth poll say Fed should defy Trump with rate rise to tame inflation
-
Japan Trading House Lobby Chief Urges Stronger Yen Despite Sector Windfall
Masahiro Okafuji, chairman of the Japan Foreign Trade Council and CEO of Itochu, stated on Wednesday that a stronger yen is necessary for Japan's benefit, even though a weaker currency currently provi
-
JPMorgan Strategist Rasid: Inflation Data and Rising Yields Point to Fed Rate Hike
JPMorgan Global Market Strategist Raisah Rasid stated that incoming economic data and rising Treasury yields indicate the Federal Reserve will hike rates. She advised investors to focus on the 12- to
-
HSBC and ICICI Bank become largest lenders to Indian diaspora via FX loans in GIFT City
HSBC Holdings Plc and ICICI Bank Ltd. in India's GIFT City have emerged as the biggest lenders to the vast Indian diaspora through a special foreign-exchange swap program. This development signals the
-
US and China Discuss Cutting Tariffs on American Energy and Agricultural Products Ahead of Next Week's Leaders' Summit
The discussions aim to solidify prospects for an extension to the US-China trade truce.
-
South Korea offers revised guidelines for registered foreign institutions' FX operations, aiming for won's internationalization
South Korea on Wednesday announced revised rules for registered foreign institutions' foreign exchange operations, aiming to internationalize the won. The finance ministry stated these revisions to gu
-
CNBC analysis suggests BRICS' de-dollarization efforts are more rhetoric than action, facing significant hurdles
BRICS leaders recently reiterated the need to use local currencies in intra-BRICS trade to reduce reliance on the U.S. dollar. However, experts express skepticism about the bloc's ability to shift awa
-
Japan is reportedly planning to double its defense spending to 3.5% of GDP. Although the Ministry of Defense denied the report, the 10-year JGB yield still hit a new high of 3.04% since 1996.
Japanese defense officials indicated a willingness to significantly increase defense spending during talks with the United States, with one proposal suggesting an increase to 3.5% of GDP within a deca
-
MarketWatch: Federal Reserve rate hike could be a ‘rare win’ for retirement money, but beware rising credit-card rates
Retirees may benefit from this week’s expected interest-rate hike by earning more on cash kept in CDs, high-yield savings accounts or money-market funds. However, these gains may be offset by higher i
-
Egypt's Sisi meets Saudi Crown Prince MBS, backs call for secure Red Sea navigation as Suez Canal revenues drop $7bn
Egyptian President Abdel Fattah el-Sisi met with Saudi Crown Prince Mohammed bin Salman (MBS) on Tuesday, expressing support for Saudi Arabia's call to ensure secure and unhindered navigation in the R
-
CBO Says the War in Iran Cost the U.S. $38 Billion in the First Five Months, and Its Annual PCE Inflation Projection Is Now 0.5 Percentage Point Higher for Q1 2027
CBO Says the War in Iran Cost the U.S. $38 Billion in the First Five Months, and Its Annual PCE Inflation Projection Is Now 0.5 Percentage Point Higher for Q1 2027
-
Venezuela's central bank moves to squeeze liquidity to support bolivar ahead of expected spending boost
Venezuela's central bank moves to squeeze liquidity to support bolivar ahead of expected spending boost
-
Zelenskyy called for sustained pressure to end "Putin's mad war" at the UN General Assembly, urging world leaders to limit trade with Russia and cut its revenue.
Ukrainian President Volodymyr Zelenskyy, speaking at the UN General Assembly, called Russian President Vladimir Putin "patient zero" and urged world leaders to continue applying economic pressure on M
-
Analysts point out that a 25 basis point interest rate hike by the Federal Reserve will result in US credit card borrowers paying an additional $2 billion in interest over the next 12 months, with young and low-income households being more significantly affected.
The Federal Reserve raised its benchmark interest rate at the conclusion of its September meeting and hinted at another potential rate hike this year. Analysts noted that this 25-basis-point increase
-
Argentine President Milei accuses UN of "looking the other way" on Falkland Islands dispute
Argentine President Javier Milei, speaking at the UN General Assembly on Wednesday, accused the United Nations of ignoring Argentina's long-standing sovereignty dispute with the UK over the Falkland I
-
US diesel futures sink over 7% to intraday low, while European diesel futures surge over 7% to session high.
US diesel futures sink over 7% to intraday low, while European diesel futures surge over 7% to session high.
-
EUR/USD is down 0.72% today, currently trading at 1.1371.
EUR/USD is down 0.72% today, currently trading at 1.1371.
-
Federal Reserve Governor Barr supports further interest rate hikes, S&P Global's inflation indicator hits a new high since October 2022, and market expectations for a Fed rate hike in October rise to 71%.
Federal Reserve Governor Michael Barr stated on Wednesday that policymakers may need to further adjust policy to ensure inflation returns to target in a timely manner. On the same day, S&P Global's fl
-
USD/CHF rose 0.71% intraday, now trading at 0.8254.
USD/CHF rose 0.71% intraday, now trading at 0.8254.
-
ECB's Lane: Eurozone's real GDP is projected to grow by 0.9% in 2026 and 1.4% in 2027.
Philip R. Lane, Member of the Executive Board of the European Central Bank, unveiled the ECB's September macroeconomic projections in a speech in Geneva, forecasting real GDP growth for the euro area
-
ECB's Lane: Eurozone HICP inflation is projected at 3.0% in 2026 and 2.5% in 2027.
In a speech in Geneva, Philip R. Lane, Member of the Executive Board of the European Central Bank, unveiled the ECB's September macroeconomic projections, forecasting HICP inflation for the Eurozone a
-
GBP/USD is down 0.7% intraday, currently trading at 1.3250.
GBP/USD is down 0.7% intraday, currently trading at 1.3250.
-
US Treasury Secretary Scott Bessent: Following his meeting with China's He Lifeng, stated he is open to continuing the Busan Agreement or exploring a larger-scale agreement.
US Treasury Secretary Scott Bessent: Following his meeting with China's He Lifeng, stated he is open to continuing the Busan Agreement or exploring a larger-scale agreement.
-
Russia attacked Ukraine after Zelenskyy's talks with Trump, killing at least 6 people, and the Kremlin said there was no basis for peace talks at present.
Russia attacked Ukraine on Wednesday, killing at least two people and injuring more than 30 in the capital Kyiv, with another four killed in the frontline Donetsk region. The attack occurred hours aft
-
EU lifts sanctions on two Russian billionaires, Ukraine expresses anger; Azerbaijani President pardons Frenchman accused of espionage
The European Union has agreed to lift sanctions on two Russian billionaires, Alisher Usmanov and Mikhail Fridman, a move that has drawn strong criticism from Ukraine. Ukrainian Deputy Foreign Minister
-
Senior Iranian Official: Multiple differences with the US remain, but diplomacy continues; Tuesday talks to discuss reopening the Strait of Hormuz and lifting sanctions.
An Iranian senior official told Reuters that Tehran is reviewing the US response to its proposal to end hostilities. The official emphasized that Iran's key priorities are a permanent end to hostiliti
-
Oil Jumps as Iran Hardens Hormuz Stance, Reiterating Closure Unless 7 Conditions Met
Oil prices climbed to daily highs as optimism over U.S.-Iran diplomacy faded following tougher comments from Iran’s security chief. Tehran reiterated that Hormuz will remain closed and negotiations wi
-
Iranian President Pezeshkian defends nuclear rights at UN, insists on peaceful technology, and signals readiness for dialogue despite criticizing US and Israel
Iranian President Masoud Pezeshkian told the UN that Tehran rejects nuclear weapons but will not surrender its right to peaceful nuclear technology. On Hormuz, he stated Iran cannot allow others to be
-
Poonam Gupta, Deputy Governor of the Reserve Bank of India, stated that the Indian Rupee has room to appreciate after a period of weakness.
Poonam Gupta, Deputy Governor of the Reserve Bank of India, stated that the Indian Rupee has room to appreciate after a period of weakness.
-
Crypto Firm Coinbase Dropped as Member of UK Finance Lobby Group
US-based cryptocurrency exchange Coinbase Global Inc. has been removed as a member of UK Finance, one of Britain’s most influential financial services lobby groups, even as the digital-asset sector ta
-
Fed Governor Barr: AI Boom, Tariffs, and Energy Prices Fueling Inflation; Further Policy Adjustments Likely Needed
Federal Reserve Governor Michael Barr stated that the AI boom and price pressures related to tariffs and energy have contributed to “upward price pressures.” He added that given rising inflation risks
-
Iraq, Oman and Azerbaijan join growing list of nations cancelling Iran flights after US Treasury Secretary Bessent warns of further sanctions
Iraq, Oman and Azerbaijan join growing list of nations cancelling Iran flights after US Treasury Secretary Bessent warns of further sanctions
-
Germany's largest trade union, IG Metall, is seeking a 5% wage increase for 3.7 million workers, putting new pressure on the European Central Bank to raise interest rates again.
Germany's IG Metall union will launch a new round of wage negotiations in October, demanding a 5% pay raise for approximately 3.7 million workers in the metal and electrical components industries to c
-
The U.S. dollar recorded a seasonal gain in the last week of September due to the Federal Reserve's hawkish stance.
Data from the past decade shows that the last week of September is the strongest performing week for the U.S. dollar, and the current rally in the dollar suggests this trend will continue this year.
-
Hong Kong’s securities regulator aims to include yuan-trading counter in cross-border channel by July 1
The measure, announced on Wednesday, is part of a strategic action plan by the Securities and Futures Commission (SFC) to support Hong Kong’s efforts to advance the internationalisation of the Chinese
-
NZD/USD fell 0.73% intraday to 0.5690.
NZD/USD fell 0.73% intraday to 0.5690.
-
EQ9 Token Analysis: Project Positioning, Market Performance, and Future Development Prospects
The EQ9 (Equals9) token aims to revolutionize the traditional foreign exchange sector by providing low-cost, high-efficiency international currency management services through its Polygon-based technology platform. The project plans to transition to a proprietary chain in the future to further enhance performance. However, EQ9's current market performance faces challenges, with extremely low 24-hour trading volume, significant discrepancies in circulating market capitalization data, and severe price volatility. Investors need to be wary of its liquidity risks and closely monitor the project's subsequent technological developments and market dynamics.
Foreign Exchange
24H Trending
-
1
Report: Apple is developing a screenless fitness tracker prototype, targeting Whoop, with a potential launch as early as 2028; Garmin's stock price fell by as much as 2.5% intraday.
-
2
US SEC Delays Prediction Market ETF, CFTC Partners with NHL: What's the Compliance Path for New Sectors?
-
3
Prediction Market Trading Platforms: An Overview of Four Core Platforms
-
4
Bybit Exchange In-Depth Analysis: Rankings, Services, and Compliance Overview
-
5
Delphy (DPY) Token Analysis: Prediction Market Project Status and Risk Assessment
-
6
What Are Bitcoin Futures? A Comprehensive Guide to Their Mechanics and Trading Advantages
-
7
Bitcoin Hash Rate Plunge: Causes and Impact Analysis
-
8
Crypto Exchange Fees Comparison and App Selection Guide
-
9
Central Bank Digital Currencies vs. Bitcoin: Key Differences Explained
-
10
CRV Token Analysis: Curve Finance's Core Governance Token and Its Recent Market Dynamics
Markets Today
Recommended Reading










