Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
British Pound nudges higher above 1.3350 despite Middle East turmoil
The GBP/USD pair rebounds to near 1.3385 during the Asian trading hours on Thursday. However, the potential upside for the major pair might be limited amid cooler-than-expected UK inflation data and escalating tensions in the Middle East.
Australian Dollar gathers strength above 0.7000 on resilient labor data
The AUD/USD pair holds positive ground near 0.7010 during the Asian trading hours on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) following Australia’s employment data. Traders will closely monitor the developments surrounding the Middle East conflict.
Australian Dollar hits one-week top vs New Zealand Dollar on upbeat Aussie jobs data
The AUD/NZD cross attracts fresh buyers following the release of the monthly Australian jobs report and climbs to a one-and-a-half-week high, around the 1.2060-1.2065 region, during the Asian session on Thursday.
Australian Dollar gains against Japanese Yen following employment data
AUD/JPY gains ground after recovering daily losses, trading around 114.30 during the Asian hour on Thursday. The currency cross receives support as the Australian Dollar (AUD) gains ground following the release of improved Australian employment data.
Japan’s Katayama: Ready to take decisive action on foreign exchange as needed
Japanese Finance Minister Satsuki Katayama reiterated on Thursday that his government was “ready to take decisive action on foreign exchange as needed.”
Australia Part-Time Employment: 47K (June) vs 35.2K
Australia Part-Time Employment: 47K (June) vs 35.2K
Australia Employment Change s.a. came in at 76.3K, above expectations (15K) in June
Australia Employment Change s.a. came in at 76.3K, above expectations (15K) in June
Australia Unemployment Rate s.a. in line with forecasts (4.4%) in June
Australia Unemployment Rate s.a. in line with forecasts (4.4%) in June
Australia Participation Rate above expectations (66.7%) in June: Actual (67%)
Australia Participation Rate above expectations (66.7%) in June: Actual (67%)
Australia Full-Time Employment climbed from previous 5.2K to 29.3K in June
Australia Full-Time Employment climbed from previous 5.2K to 29.3K in June
PBOC sets USD/CNY reference rate at 6.7906 vs. 6.7933 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7906 compared to the previous day's fix of 6.7933 and 6.7712 Reuters estimate.
Canadian Dollar holds gains vs soft USD as rallying oil prices counter trade risks
The USD/CAD pair remains on the defensive below the 1.4100 mark during the Asian session on Thursday amid a combination of factors.
Japanese Yen strengthens on BoJ hawkish signals, intervention risks
The USD/JPY pair edges lower to near 163.10 during the early Asian session on Thursday. However, the Japanese Yen (JPY) remains near a four-decade low as fiscal concerns weigh on the domestic currency. Traders are on high alert for possible intervention from Japanese authorities.