Forex News
Scotiabank strategists Shaun Osborne and Eric Theoret notes the Euro (EUR) is slightly higher versus the US Dollar (USD), supported by a repricing of the European Central Bank (ECB) outlook toward renewed hawkishness and recovering yield spreads. They highlight markets now price about 35 bps of tightening by December, lifting fair value estimates for EUR/USD toward the mid to upper 1.14s despite only modest recent gains.
Euro aided by hawkish ECB repricing
"The EUR is entering Thursday’s NA session with a fractional 0.1% gain vs. the USD as it performs in line with most of the G10 currencies in quiet overall trade."
"The outlook for relative central bank policy is offering the EUR support as market participants reprice the ECB outlook in light of renewed hawkishness and a resurgence in geopolitically-driven oil price gains."
"Markets are currently pricing in about 35bpts of tightening by December, a considerable increase over the past week or so. Yield spreads are showing signs of recovery and lifting fair value estimates of the EUR toward the mid/upper-1.14s."
"Bearish/neutral—the EUR’s recent modest recovery is important, however the tepid gains have offered little in terms of shifting momentum in a more material way. The RSI is recovering back toward neutral but still remains below the 50 threshold as it climbs into the mid-40s."
"We see limited near-term resistance ahead of 1.15 and we look to a near-term range bound between 1.1380 and 1.1480."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
- NZD/USD extends gains for a second straight day after the RBNZ raises the OCR to 2.50%.
- The Kiwi draws support from a softer US Dollar and expectations of further RBNZ tightening.
- Geopolitical tensions and Fed rate hike expectations could cap NZD/USD's upside.
NZD/USD jumps 1% on Thursday, extending gains for a second consecutive day after the Reserve Bank of New Zealand (RBNZ) delivered a hawkish rate hike on Wednesday, while a softer US Dollar (USD) provides additional support. At the time of writing, the pair is trading around 0.5761, its highest level since June 19.
The RBNZ raised the Official Cash Rate (OCR) by 25 basis points to 2.50%. In its monetary policy statement, the central bank said, "With inflation still above target and economic activity expected to strengthen, some further reduction in monetary stimulus is likely to be required to return inflation to the 2% target mid-point."
Brown Brothers Harriman (BBH) noted, "The RBNZ has room to normalize the OCR to more neutral levels, which is NZD supportive. The RBNZ's estimated neutral range is between 2.2% and 4.1%. The swaps curve implies nearly 100 basis points of tightening over the next twelve months, nearly twice as much as the RBNZ policy path projection published in May."
The RBNZ's hawkish stance is boosting the New Zealand Dollar (NZD) despite a deterioration in risk sentiment following renewed fighting between the United States and Iran. The US Dollar remains slightly weaker on Thursday, although escalating geopolitical tensions are expected to limit the Greenback's downside.
The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, trades around 100.85, down 0.20% on the day.
Traders also expect the Federal Reserve (Fed) to raise interest rates later this year, a factor that could provide additional support for the US Dollar and could limit gains in NZD/USD. New York Fed President John Williams said on Thursday, "Inflation is still far too high," adding that the Fed is "actively debating scenarios around inflation" and remains committed to bringing inflation back to its 2% target.
New Zealand Dollar Price Today
The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the strongest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.20% | -0.16% | -0.19% | -0.08% | -0.25% | -1.09% | -0.29% | |
| EUR | 0.20% | 0.04% | 0.00% | 0.12% | -0.02% | -0.86% | -0.07% | |
| GBP | 0.16% | -0.04% | -0.04% | 0.07% | -0.07% | -0.88% | -0.12% | |
| JPY | 0.19% | 0.00% | 0.04% | 0.09% | -0.02% | -0.90% | -0.09% | |
| CAD | 0.08% | -0.12% | -0.07% | -0.09% | -0.13% | -0.98% | -0.17% | |
| AUD | 0.25% | 0.02% | 0.07% | 0.02% | 0.13% | -0.84% | -0.05% | |
| NZD | 1.09% | 0.86% | 0.88% | 0.90% | 0.98% | 0.84% | 0.80% | |
| CHF | 0.29% | 0.07% | 0.12% | 0.09% | 0.17% | 0.05% | -0.80% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).
ING’s Warren Patterson notes that European natural gas prices have held up better than Oil as LNG supply recovery has been modest and Middle East flows remain disrupted. Heatwaves have boosted demand, leaving EU storage just above 50%, well below the five-year average. ING expects European natural gas prices to stay well-supported through the 2026/27 winter despite some potential El Niño relief.
EU gas prices seen well supported
"European natural gas prices held up better than oil prices following the MoU [Memorandum of Understanding], with the LNG supply recovery more modest. Also, the ramp-up of LNG plants in Qatar will also take time. QatarEnergy has extended the force majeure on some supply until early September."
"As a result, EU gas storage remains tight, having only recently passed the 50% level, well below the five-year average of 66% full at this point in the year. It's looking as though it will be difficult for the region to hit even the lowest target of 75% under EU rules."
"El Niño conditions may mean a milder start to the 26/27 heating season, which would offer some relief to the market, but this isn't guaranteed."
"We expect European natural gas prices to remain well-supported until the end of the 2026/27 winter."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
- USD/JPY trades lower as the Japanese Yen recovers some ground and the Greenback fails to benefit from stronger US labor data.
- US Initial Jobless Claims fell to 215K, below expectations of 218K.
- Japan’s June PPI is in focus, potentially supporting BoJ caution and helping the Yen.
USD/JPY trades lower near the 162.30 area on Thursday, retreating from recent highs as the Japanese Yen (JPY) recovers some ground. The US Dollar (USD) fails to receive support from stronger-than-expected United States (US) labor market data.
US Initial Jobless Claims fell to 215K, below expectations of 218K and the previous 217K, while the four-week average eased to 218.75K from 222.5K. The data suggests that layoffs remain limited, helping the Greenback avoid deeper losses. However, Continuing Jobless Claims rose slightly to 1.814 million from 1.806 million, showing that workers are taking longer to find new jobs.
In Japan, attention turns to the June Producer Price Index (PPI) set to be released early on Friday. The monthly reading is expected to rise 0.3%, slowing from 0.9% previously, while the annual figure is expected to accelerate to 6.8% from 6.3%. Stronger producer inflation could support expectations that the Bank of Japan (BoJ) may stay cautious about keeping policy too loose, offering some support to the Yen.
Short-term technical analysis:
On the 4-hour chart, USD/JPY trades at 162.37, maintaining a constructive bullish bias as it remains above both the 20-period Simple Moving Average (SMA) at 162.27 and the 100-period SMA at 161.74. The pair is also trading over the nearby horizontal support at 162.28, suggesting a firm underlying base, while the Relative Strength Index (RSI) at 54.50 points to moderately positive momentum without yet signaling overbought conditions.
On the topside, initial resistance emerges at 162.51, with further hurdles clustered higher at 162.65 and 162.71, where buyers could face profit-taking. On the downside, the immediate floor is seen at the 162.28 horizontal level, followed by dynamic support at the 20-period SMA near 162.27 and then the 100-period SMA at 161.74, which together underpin the broader uptrend as long as they remain intact.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
- US Central Command mission completion pressures WTI, trimming the energy-risk premium.
- Jobless claims fall, but Dollar fails to regain traction.
- CPI, PPI and housing data drive next Fed repricing.
The US Dollar Index (DXY), which tracks the buck’s value against a basket of six currencies, is down 0.14% to 100.93 on Thursday as tensions in the Middle East ease, driving Oil prices lower and trimming Federal Reserve (Fed) hawkish bets spurred by the energy shock.
DXY slips as Hormuz calm drags Oil, Fed bets lower
Geopolitics grabbed the attention after the US and Iran exchanged attacks during the last two days. The US President Donald Trump is growing impatient about the outcome of the negotiations with Iran, adding that the agreement was “over.”
The US military attacked 90 military positions near the Strait of Hormuz on Wednesday, intending to weaken Iran's ability to attack vessels transiting through the strait. Meanwhile, Iran targeted US bases in Bahrain, Kuwait and Qatar.
The US Central Command (CENTCOM) announced the completion of the task, which weighed on Oil prices. Western Texas Intermediate (WT), the US crude Oil benchmark, recoils 3.50% to $72.07.
A light economic docket in the US showed that Initial Jobless Claims for the week ending July 4 were below estimates of 218K, coming at 215K, down from the prior reading of 217K
On Wednesday, the latest FOMC meeting minutes showed that most officials favored further tightening by the Federal Reserve, though those pushing for a rate hike opted to hold rates and wait for more data. Money markets are pricing in an 87% chance of a rate hike in 2026, according to Prime Terminal data.
Earlier, New York Fed President John Williams acknowledged that inflation is “far too high,” and that monetary policy needs to be focused on how energy prices affect inflation. Williams reiterated the central bank’s commitment to drive inflation back to 2% and that policy “must remain” data-dependent.
Traders' eyes turn to next week’s economic data, with the focus on the release of the Consumer Price Index (CPI), the Producer Price Index (PPI), jobless claims and housing data.
US Dollar Index Price Forecast: Technical outlook
In the daily chart, Dollar Index Spot trades at 100.87, retaining a constructive bullish bias as price holds above the clustered simple moving averages (SMA) around 99.75 and the reclaimed uptrend support line, whose break price sits near 99.03. The broader ascending trend line, originating around 95.56, continues to underpin the structure, while the 14-period Relative Strength Index near 55 suggests positive but not stretched momentum after the recent recovery above the 100 handle.
On the downside, initial support is seen at the recent pivot zone around 100.87, with stronger underlying demand emerging at the SMA cluster near 99.75 and then the prior break region at 99.03, ahead of the deeper trendline base near 95.56. With no immediate overhead technical barriers in the current dataset, the index would likely remain biased higher as long as it sustains above these stacked supports and momentum stays anchored in the mid-50s on the RSI.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
US Dollar FAQs
The US Dollar (USD) is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022. Following the second world war, the USD took over from the British Pound as the world’s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.
The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates. When prices are rising too quickly and inflation is above the Fed’s 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.
In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system. It is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed’s weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.
Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.
- DJIA trades near 52,480, higher by around 0.28%, clawing back only a sliver of Wednesday's Gulf-driven rout.
- Fresh US strikes on Iran and slowed Strait of Hormuz shipping keep risk appetite on a leash even as Crude Oil retreats.
- Initial Jobless Claims ease to 215K and June Existing Home Sales fall 2.4% MoM, while Fedspeak stays hawkish after the FOMC Minutes.
The Dow Jones Industrial Average (DJIA) trades near 52,484 on Thursday, higher by roughly 0.28% and recovering only a modest slice of Wednesday's rout of more than one percent, after President Donald Trump said Iran had called to make a deal. The bounce is real; the conviction underneath it is rented. The index sits some 470 points below Wednesday's early peak and roughly 850 beneath the record printed at the start of the week, and buyers have needed two sessions of dip defence just to stabilize the tape, with the afternoon push only now grinding back toward the top of the two-day range.
A ceasefire that only exists between airstrikes
The United States launched a second consecutive day of strikes on Iran, according to Central Command, after Tehran attacked commercial shipping in and around the Strait of Hormuz and slowed traffic through the waterway to a crawl. President Trump declared the ceasefire over at midweek and floated walking away from negotiations altogether, then pivoted on Thursday with the claim that Iran had phoned Washington in search of a deal. Crude Oil eased on the remark, and equities took the retreat as their permission slip to recover.
The relief carries a shelf life measured in headlines, and Wells Fargo Investment Institute's real-assets desk argues that thin global inventories mean each fresh escalation rebuilds the geopolitical premium in Crude Oil even once talks resume. Last month's peace framework has not been formally buried, but a truce that requires daily reinterpretation from the White House podium is not one markets can price with any confidence. Slower Hormuz transit is not an abstraction either, since roughly a fifth of global Crude Oil consumption moves through that strait.
Borrowed strength from a rally the index does not own
Thursday's leadership belongs almost entirely to the semiconductor complex, which trades around 3% higher as Micron and Sandisk each add roughly 7%, towing the Nasdaq and the broader benchmarks to gains near 0.3% apiece. Overseas, the story is the same tentative shade, with Europe's Stoxx 600 clawing back around 0.7% of Wednesday's near 2% drubbing while Asia splits the difference overnight.
The Dow's price-weighted construction leaves most of that semiconductor squeeze outside its walls, so the blue-chip average is effectively drafting behind a trade it barely owns. Inside the average itself the picture is messier, with Salesforce trading more than 4% lower after a broker downgrade questioned where the next leg of upside comes from, while the cyclical and consumer heavyweights carry the fuel-cost and shipping beta radiating out of the Gulf; materials ranked as Wednesday's worst-performing sector for exactly that reason.
Good data keeps the Federal Reserve pointed the wrong way
The Minutes of the June Federal Open Market Committee (FOMC) meeting, released Wednesday, stressed that upside inflation risks remain intact while labour-market concerns have eased. A permanent FOMC voter reinforced the message on Thursday with remarks that scored firmly hawkish, and rate markets now attach roughly one-in-ten odds to a hike at the late-July meeting, with no cuts priced anywhere near term. The committee that stripped its easing bias out in June has shown no interest in handing it back.
Thursday's data hands the hawks more rope, with Initial Jobless Claims printing 215K against a 218K consensus and a prior 217K for the lowest weekly reading since late May, while continuing claims edged up 8K to 1.814 million. June Existing Home Sales fell 2.4% MoM against expectations for a gain near 0.7%, easing to an annualized pace of 4.9 million despite rising 2.8% YoY, a reminder that housing feels every basis point the committee refuses to surrender. The rate-sensitive corners of the economy already creak, and the labour market refuses to justify relief.
Geopolitics therefore constrains this tape twice over, once through risk appetite and once through the policy channel, because the Hormuz premium in Crude Oil feeds the exact inflation risk the Minutes flagged. Momentum offers little rescue either, as the daily Stochastic Relative Strength Index already presses the overbought boundary with the index still 850 points under its record; the recovery is present, but it runs on borrowed strength and a single phone call.
Dow Jones Industrial Average technical levels
Resistance: The 52,954 region, Wednesday's early peak, caps the immediate recovery, and beyond it only the record high at 53,333 stands overhead.
Support: Thursday's floor at 52,224 provides the first shelf, ahead of Wednesday's washout low at 52,056; losing that level puts the round 52,000 handle straight into play.
Bias: Bullish while 52,056 holds, with dip buyers defending the lows in consecutive sessions, but the recovery stays capped below 52,954 until the Gulf story produces a deal rather than a phone call; a daily close above that barrier is the trigger that reopens 53,333.
Dow Jones daily chart
Dow Jones FAQs
The Dow Jones Industrial Average, one of the oldest stock market indices in the world, is compiled of the 30 most traded stocks in the US. The index is price-weighted rather than weighted by capitalization. It is calculated by summing the prices of the constituent stocks and dividing them by a factor, currently 0.152. The index was founded by Charles Dow, who also founded the Wall Street Journal. In later years it has been criticized for not being broadly representative enough because it only tracks 30 conglomerates, unlike broader indices such as the S&P 500.
Many different factors drive the Dow Jones Industrial Average (DJIA). The aggregate performance of the component companies revealed in quarterly company earnings reports is the main one. US and global macroeconomic data also contributes as it impacts on investor sentiment. The level of interest rates, set by the Federal Reserve (Fed), also influences the DJIA as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions.
Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average (DJIA) and the Dow Jones Transportation Average (DJTA) and only follow trends where both are moving in the same direction. Volume is a confirmatory criteria. The theory uses elements of peak and trough analysis. Dow’s theory posits three trend phases: accumulation, when smart money starts buying or selling; public participation, when the wider public joins in; and distribution, when the smart money exits.
There are a number of ways to trade the DJIA. One is to use ETFs which allow investors to trade the DJIA as a single security, rather than having to buy shares in all 30 constituent companies. A leading example is the SPDR Dow Jones Industrial Average ETF (DIA). DJIA futures contracts enable traders to speculate on the future value of the index and Options provide the right, but not the obligation, to buy or sell the index at a predetermined price in the future. Mutual funds enable investors to buy a share of a diversified portfolio of DJIA stocks thus providing exposure to the overall index.
Commerzbank’s Charlie Lay argues that elevated South Korean inflation strengthens the case for a 25bp Bank of Korea (BoK) hike to 2.75% on 16 July. USD/KRW has fallen from 1560 to 1506 on earlier Oil weakness, but the bank now expects the pair to trade in a 1500–1520 range, with Oil prices and global risk sentiment remaining key drivers.
Won pressured by inflation and Oil
"South Korea's inflation remained elevated in June, reinforcing the view that the Bank of Korea (BoK) is on course to hike rates next week. Headline CPI inflation was slightly higher at 3.2% yoy from 3.1% in May, marking the highest reading since December 2023. It remained well above BoK’s 2% target."
"Other factors expected to keep inflationary pressures firm include the weak won and robust wage growth linked to the AI-driven semiconductor boom."
"The latest inflation report strengthens the case for BoK to hike by 25bp to 2.75% at the next meeting on 16 July. Inflation has now been above target for several months, while exports continue to surprise on the upside thanks to booming semiconductor demand."
"For USD/KRW, external factors including the USD, global risk sentiment, and geopolitical developments will remain key drivers. USD/KRW has fallen from 1560 to 1506 in the past two weeks due to the pullback in oil prices."
"A rebound in oil prices could limit any further decline in USD/KRW for now. We look for the 1500-1520 range for now, with oil prices likely to remain the key driver in the near term."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
- Silver rebounds as a softer US Dollar and lower Treasury yields offer support.
- Hawkish Fed expectations keep Silver's upside limited.
- Technically, XAG/USD remains trapped within a downward parallel channel below key moving averages.
Silver (XAG/USD) snaps a three-day losing streak on Thursday as a mildly weaker US Dollar (USD) and a pullback in US Treasury yields lend support to the precious metal. At the time of writing, XAG/USD trades around $60.30, up 3.38% on the day.
Despite the intraday rebound, XAG/USD maintains a bearish structure, with a series of lower highs and lower lows since mid-May. The metal also trades below its key moving averages and is about 50% below its record high near $121 set in January.
The metal is struggling to stage a sustained recovery as macroeconomic headwinds cap the upside. Renewed hostilities in the Middle East have revived concerns over energy-driven inflation, reinforcing expectations that the Federal Reserve (Fed) may need to raise interest rates.
Higher borrowing costs tend to weigh on non-yielding metals because they become less attractive relative to interest-bearing investments.
Hawkish Fed expectations and heightened geopolitical tensions are expected to keep downside pressure on the US Dollar limited. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, trades around 100.94 after touching an intraday low of 100.79.
Technical Analysis
On the daily chart, XAG/USD keeps a bearish near-term bias as price holds within a downward parallel channel and below both the 200-day Simple Moving Average (SMA) at $70.25 and the 100-day SMA at $74.32.
The pair trades just under the channel top at $63.50, suggesting upside attempts remain capped for now, while the Relative Strength Index (RSI) around 41 points to subdued momentum even as the Moving Average Convergence Divergence (MACD) turns positive, hinting at only a modest recovery attempt within a broader corrective structure.
On the topside, initial resistance is located at the channel upper boundary near $63.50. A sustained break above this would be needed to challenge the 200-day SMA at $70.25 and the 100-day SMA at $74.32.
On the downside, first support emerges at the horizontal line around $55, with the channel floor near $45 expected to act as a stronger demand area if bearish pressure resumes.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Inflation FAQs
Inflation measures the rise in the price of a representative basket of goods and services. Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which can fluctuate because of geopolitical and seasonal factors. Core inflation is the figure economists focus on and is the level targeted by central banks, which are mandated to keep inflation at a manageable level, usually around 2%.
The Consumer Price Index (CPI) measures the change in prices of a basket of goods and services over a period of time. It is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core CPI is the figure targeted by central banks as it excludes volatile food and fuel inputs. When Core CPI rises above 2% it usually results in higher interest rates and vice versa when it falls below 2%. Since higher interest rates are positive for a currency, higher inflation usually results in a stronger currency. The opposite is true when inflation falls.
Although it may seem counter-intuitive, high inflation in a country pushes up the value of its currency and vice versa for lower inflation. This is because the central bank will normally raise interest rates to combat the higher inflation, which attract more global capital inflows from investors looking for a lucrative place to park their money.
Formerly, Gold was the asset investors turned to in times of high inflation because it preserved its value, and whilst investors will often still buy Gold for its safe-haven properties in times of extreme market turmoil, this is not the case most of the time. This is because when inflation is high, central banks will put up interest rates to combat it. Higher interest rates are negative for Gold because they increase the opportunity-cost of holding Gold vis-a-vis an interest-bearing asset or placing the money in a cash deposit account. On the flipside, lower inflation tends to be positive for Gold as it brings interest rates down, making the bright metal a more viable investment alternative.
BNY’s Geoff Yu reports that the New York Fed’s latest Liberty Street Economics analysis warns many United States (US) firms still plan tariff-related price increases, implying persistent inflation pressures that matter for the US Dollar (USD) and Federal Reserve (Fed) policy. Nearly half of tariff-paying companies expect further hikes, with gradual pricing and fixed contracts extending adjustment and complicating disinflation.
Tariffs extend U.S. inflation timeline
"The New York Fed said in its July 8 Liberty Street Economics post that more tariff passthrough still lies ahead for many U.S. firms. Drawing on regional business surveys, the institution reported that nearly half of firms that pay tariffs directly are still planning further price increases, with some expecting to raise prices six months or more from now."
"It said roughly 47% of service firms and 44% of manufacturers that pay tariffs expect additional tariff-related price hikes. It also noted that gradual pricing, fixed contracts and policy uncertainty are extending the adjustment process, suggesting tariff-driven inflationary pressure may persist longer than many policymakers expected."
"Meanwhile, the Fed minutes did little to dent hawkish rate expectations, and the most reliable route to lower inflation is weaker demand – a path that offers little comfort for equities."
"For all the inflation vigilance, the Fed and its peers recognize that markets remain highly sensitive to supply shocks."
"This week’s energy volatility has already tightened financial conditions, reducing the need to reinforce the case for further rate hikes."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Forex Market News
Our dedicated focus on forex news and insights empowers you to capitalise on investment opportunities in the dynamic FX market. The forex landscape is ever-evolving, characterised by continuous exchange rate fluctuations shaped by vast influential factors. From economic data releases to geopolitical developments, these events can sway market sentiment and drive substantial movements in currency valuations.
At Rakuten Securities Hong Kong, we prioritise delivering timely and accurate forex news updates sourced from reputable platforms like FXStreet. This ensures you stay informed about crucial market developments, enabling informed decision-making and proactive strategy adjustments. Whether you’re monitoring forex forecasts, analysing trading perspectives, or seeking to capitalise on emerging trends, our comprehensive approach equips you with the insights needed to navigate the FX market effectively.
Stay ahead with our comprehensive forex news coverage, designed to keep you informed and prepared to seize profitable opportunities in the dynamic world of forex trading.
