FX News Feed
European Economic News Preview: France Inflation Data Due
Inflation figures from France and Italy are the only main news due on Friday while several other major markets remain closed for a public holiday. At 3.45 am ET, France's statistical office INSEE pu... Full Article
Tokyo Core Inflation Softens In March
Core inflation in Japan's capital softened in March but continued to remain above the 2 percent target adding to the dilemma of the Bank of Japan as to how to steer the monetary policy after exiting n... Full Article
UK Confirms Q4 Recession
Confirming a mild recession in the UK, official data showed that the economy contracted as initially estimated in the fourth quarter. Gross domestic product fell by an unrevised 0.3 percent after a 0... Full Article
German Unemployment Rises Less Than Expected
Joblessness in Germany increased less than expected in February despite the economy undergoing severe downward pressures, official data revealed Thursday. The number of people out of work increased o... Full Article
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended March 23rd, according to a report released by the Labor Department on Thursday. The report said in... Full Article
U.S. Economy Unexpectedly Grew Faster Than Previously Estimated In Q4
The U.S. economy unexpectedly grew by more than previously estimated in the fourth quarter of 2023, the Commerce Department revealed in a report released on Thursday. Revised data showed real gross d... Full Article
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In March
A report released by MNI Indicators on Thursday showed Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of March. MNI Indicators said its Chicago business ba... Full Article
U.S. Pending Home Sales Rebound 1.6% In February, Slightly More Than Expected
After reporting a sharp pullback in U.S. pending home sales in the previous month, the National Association of Realtors released a report on Thursday showing a notable rebound by pending home sales in... Full Article
U.S. Consumer Sentiment Index For March Unexpectedly Upwardly Revised
The University of Michigan released revised data on Thursday showing an unexpected improvement in U.S. consumer sentiment in the month of March. The report said the consumer sentiment index for March... Full Article
AUD/USD Price Forecast: Dips to 0.6495 Amid Economic Concerns and Fed’s Stance
The AUD/USD exchange rate has seen a downturn to 0.64945, reflecting a 0.61% decline. This move downwards is primarily driven by Australia's Full Article
USD/JPY Price Forecast: Navigating Hawkish Fed Waters at 151.50; Sell Today?
The USD/JPY pair saw sustained elevation, trading robustly around the 151.50 mark. This resilience is largely due to the Federal Reserve's Full Article
GBP/USD Price Forecast: Dips to 1.26160 Amid US GDP, Job Claims Anticipation
The GBP/USD exchange rate today observed a minor decrease, settling at 1.26160, a decline of 0.18%. This movement is indicative Full Article
EUR/USD Price Forecast: Sinks Below 1.080 After German Retail Slump
The EUR/USD pair has witnessed a downturn, dropping below the crucial support level of 1.0800, influenced by disappointing German retail Full Article
European Economic News Preview: Germany Unemployment Data Due
Unemployment from Germany and monetary aggregates from the euro area are the top economic news due on Thursday. At 3.00 am ET, the Office for National Statistics releases UK GDP and current account f... Full Article
Australia Retail Sales Rise In February
Australia's retail sales expanded in February as Taylor Swift concerts lifted spending on clothing, merchandise, accessories and dining out, the Australia Bureau of Statistics said Thursday. Retail ... Full Article
Eurozone Economic Confidence Strengthens In March
Eurozone economic sentiment rose to a three-month high in March driven by the improvement across all sectors except construction, survey data from the European Commission revealed on Wednesday. The ... Full Article
Top Economic Institutes Slash Germany's 2024 Growth Forecast To 0.1%
Germany's leading five economic think tanks significantly lowered the biggest euro area economy's growth forecast for this year on Wednesday, citing cyclical and structural weakness amid sluggish econ... Full Article
Sweden Central Bank Likely To Start Cutting Rates In May
Sweden's central bank indicated that it will cut the interest rate in May or June as the economy is expected to remain mired in recession, provided the inflation prospects remain favorable. The Exec... Full Article
U.S. Mortgage Applications Extend Pullback In Week Ended March 22nd
A report released by the Mortgage Bankers Association on Wednesday showed an extended pullback by mortgage applications in the week ended March 22nd. The MBA said the Market Composite Index, a measur... Full Article
GBP/USD Price Holds Steady at 1.2630 Amid Central Bank Speculations; Technical Outlook
The GBP/USD trading pair exhibited stability, maintaining its level around 1.26318, amidst a backdrop of various economic currents Full Article