Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
British Pound struggles near June 26 lows as USD retains bullish tone ahead of US NFP
The GBP/USD pair languished near its lowest level since June 26, touched the previous day's low, trading below the 1.3200 mark during the Asian session on Friday amid a bullish US Dollar (USD).
Japan Monetary Base (YoY) up to 15.2% in September from previous -15.7%
Japan Monetary Base (YoY) up to 15.2% in September from previous -15.7%
The Japanese Yen gains little from a hot Tokyo inflation report
Tokyo's core inflation rate came in at 2.7% against a 2.4% forecast, a beat that should have done more for the Yen than it did. USD/JPY slipped back below 158.00 on the release and is still up on the week.
Fed’s Logan: Policy rate must increase by additional 50 bps or more
Federal Reserve (Fed) Bank of Dallas President Lorie Logan said on Thursday that the central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy "modestly restrictive" and get inflation back on track to the target.
Japan Tokyo CPI ex Fresh Food (YoY) above expectations (2.4%) in September: Actual (2.7%)
Japan Tokyo CPI ex Fresh Food (YoY) above expectations (2.4%) in September: Actual (2.7%)
Breaking: Japan’s Tokyo CPI inflation climbs 2.7% in September
The headline Tokyo Consumer Price Index (CPI) for September rose 2.7% YoY as compared to 1.9% in the previous month, the Statistics Bureau of Japan showed on Friday.
Japan Tokyo CPI ex Food, Energy (YoY) rose from previous 2%Â to 3% in September
Japan Tokyo CPI ex Food, Energy (YoY) rose from previous 2%Â to 3% in September
Japan Tokyo Consumer Price Index (YoY): 2.7% (September) vs 1.9%
Japan Tokyo Consumer Price Index (YoY): 2.7% (September) vs 1.9%
Japan Unemployment Rate registered at 2.5% above expectations (2.4%) in August
Japan Unemployment Rate registered at 2.5% above expectations (2.4%) in August
Japan Jobs / Applicants Ratio meets expectations (1.18) in August
Japan Jobs / Applicants Ratio meets expectations (1.18) in August
Australian Dollar drifts toward 0.69 as USD shrugs off Fed patience
The Aussie Dollar drifts lower, down 0.26% against the US Dollar, as the latter extends its gains for the fourth straight day amid continued trimming of Fed-hawkish bets, while Fed policymakers suggest patience is warranted ahead of the October 28 meeting. The AUD/USD trades at 0.6928.
South Korea Consumer Price Index Growth (YoY) meets forecasts (2.9%) in September
South Korea Consumer Price Index Growth (YoY) meets forecasts (2.9%) in September
South Korea Consumer Price Index Growth (MoM) came in at 0.3%, below expectations (0.4%) in September
South Korea Consumer Price Index Growth (MoM) came in at 0.3%, below expectations (0.4%) in September