Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Russia Central Bank Reserves $ increased to $761.2B from previous $755.6B
Russia Central Bank Reserves $ increased to $761.2B from previous $755.6B
Euro: Choppy range trading outlook – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses EUR/USD dynamics around divergent inflation and policy outlooks in the US and Eurozone.
US Initial Jobless Claims dropped to 203K last week
According to a report from the US Department of Labor (DOL) released Thursday, the number of US citizens submitting new applications for unemployment insurance fell to 203K for the week ending August 22.
United States Goods Trade Balance came in at $-118.8B below forecasts ($-99B) in July
United States Goods Trade Balance came in at $-118.8B below forecasts ($-99B) in July
United States Wholesale Inventories came in at 1.3%, above forecasts (0.1%) in July
United States Wholesale Inventories came in at 1.3%, above forecasts (0.1%) in July
Canada Current Account came in at 8.84B, above forecasts (-2B) in 2Q
Canada Current Account came in at 8.84B, above forecasts (-2B) in 2Q
United States Goods Trade Balance came in at $118.8B, above forecasts ($-99B) in July
United States Goods Trade Balance came in at $118.8B, above forecasts ($-99B) in July
United States Continuing Jobless Claims below forecasts (1.79M) in August 14: Actual (1.778M)
United States Continuing Jobless Claims below forecasts (1.79M) in August 14: Actual (1.778M)
United States Initial Jobless Claims came in at 203K, below expectations (208K) in August 21
United States Initial Jobless Claims came in at 203K, below expectations (208K) in August 21
United States Initial Jobless Claims 4-week average: 205.5K (August 21) vs 204K
United States Initial Jobless Claims 4-week average: 205.5K (August 21) vs 204K
Canadian Dollar stays vulnerable as US-Canada trade war heats up
USD/CAD trades around 1.3870 on Thursday, down a modest 0.05% on the day at the time of writing.
GBP/JPY Price Forecast: Momentum cools as cross holds above key support
GBP/JPY trades broadly flat on Thursday after Wednesday’s modest pullback ended a four-day winning streak. At the time of writing, the cross trades around 216.45, with momentum indicators suggesting limited buying interest.
Japanese Yen: Himino signals hawkish shift - MUFG
MUFG’s Derek Halpenny notes that the Japanese Yen reaction to Deputy Governor Himino’s speech was limited, even as his comments aligned with market expectations for a Bank of Japan rate hike in September.