Market News
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British Pound declines to near 1.3500 as US-Iran tensions rise
The GBP/USD pair declines to near 1.3500 during the early European trading hours on Wednesday. Ongoing tensions in the Middle East provide some support to a safe-haven currency such as the US Dollar (USD) against the British Pound (GBP).
Australian Dollar surges to July 8 high vs New Zealand Dollar after Aussie GDP, RBNZ
The AUD/NZD cross builds on the better-than-expected Australian data-inspired gains and rallies to the 1.2200 mark, or the highest since July 8, after the Reserve Bank of New Zealand (RBNZ) announced its policy decision.
New Zealand Dollar plunges after RBNZ raises OCR by 25 bps to 2.75%
The NZD/USD pair tumbles to near 0.5855 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) faces some selling pressure against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision.
New Zealand RBNZ Interest Rate Decision meets forecasts (2.75%)
New Zealand RBNZ Interest Rate Decision meets forecasts (2.75%)
Australian Dollar rises as quarterly GDP grows in Q2
AUD/USD inches higher after recovering its daily losses, trading around 0.7150 during the Asian hours on Wednesday.
BoJ’s Takata says central bank must hike rates mimbly after assessing financial conditions
Bank of Japan (BoJ) board member Hajime Takata said on Wednesday that the central bank must conduct rate hikes nimbly after assessing accommodation in domestic financial conditions and developments.
0.4%: Australia Q2 GDP beats estimates
Australia’s Gross Domestic Product (GDP) rose 0.4% QoQ in the second quarter (Q2) of 2026 compared with the 0.3% growth in the first quarter (Q1), the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in stronger than the expectations of 0.3% expansion.Â
Australia Gross Domestic Product (YoY) above forecasts (1.8%) in 2Q: Actual (2.1%)
Australia Gross Domestic Product (YoY) above forecasts (1.8%) in 2Q: Actual (2.1%)
Australia Gross Domestic Product (QoQ) registered at 0.4% above expectations (0.3%) in 2Q
Australia Gross Domestic Product (QoQ) registered at 0.4% above expectations (0.3%) in 2Q
PBOC sets USD/CNY reference rate at 6.7829 vs. 6.7809 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7829 compared to the previous day's fix of 6.7809 and 6.7238 Reuters estimate.
Japanese Yen drops to fresh low since late July vs USD on fiscal concerns and rate gap
The USD/JPY pair is seen consolidating near its highest level since July 31, touched during the Asian session on Wednesday, and trading around the 160.25-160.30 region.
British Pound drops as US Dollar strengthens on rising US yields, higher oil prices
GBP/USD extends its losses for the second successive day, trading around 1.3510 during the Asian hours on Wednesday.
BoJ’s Ueda says no comment on daily moves, markets price in high likelihood of September rate hike
Bank of Japan (BoJ) Governor Kazuo Ueda on Tuesday held talks with US Treasury Secretary Bessent on the sidelines of the G20, but giving no details on what was discussed.