Forex News: Currency Markets, USD, EUR & FX Trading

Digital currency exchange board showing MENA FX rates in a financial district.

Carry Trade Unwinds Put Pressure on MENA Currencies, BNY Warns

The Bank of New York Mellon (BNY) has flagged that ongoing carry trade unwinds are exerting significant pressure on currencies across the...

Bank of England headquarters on Threadneedle Street in London at dusk

7

BoE’s Greene: Risk of failing to act on inflation outweighs risk of raising rates

Bank of England policymaker Catherine Greene said on Tuesday that the central bank must be prepared to raise interest rates again, arguing...

Gold bar with out-of-focus oil pumpjack and US dollar in background

34

Gold price recovers as US-Iran draft deal talk pressures oil and dollar

Gold prices staged a recovery in early trading this week, as reports of a potential draft deal between the United States and...

Federal Reserve Bank of Richmond President Thomas Barkin speaking at a podium

30

Fed’s Barkin Shuns Forward Guidance, Emphasizes Data-Driven Approach

Federal Reserve Bank of Richmond President Thomas Barkin has stated that he refrains from offering forward guidance on the future path of...

Stack of Indonesian rupiah banknotes on a desk with a financial chart monitor in the background

29

Rupiah Under Pressure: BI Front-Loads Tightening to Bolster Currency, Says DBS

Bank Indonesia (BI) has accelerated its monetary tightening cycle, front-loading interest rate hikes in a decisive effort to support the embattled rupiah,...

Traders on the NYSE floor watching a green Dow Jones board amid US-Iran deal rumors.

38

Dow Jones Surges as Markets Anticipate Possible US-Iran Deal Within Hours

The Dow Jones Industrial Average climbed sharply in afternoon trading on Tuesday, fueled by unconfirmed reports that a potential agreement between the...