Forex News

RBNZ’s Conway: OCR forecasts indicate another 75 basis points (bps) easing

a month ago

Oleh Fxstreet

RBNZ’s Conway: OCR forecasts indicate another 75 basis points (bps) easing

Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway noted on Friday, “Official Cash Rate (OCR) forecasts indicate another 75 basis points (bps) easing.” Additional quotes New Zealand Dollar (NZD) drop will boost export revenues.

RBNZ

CentralBanks

NZDUSD

InterestRate

Balas

BoJ’s Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits

a month ago

News Discussion Forum

Oleh Fxstreet

BoJ’s Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits

Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that “from a long-term perspective, rising interest rates will help improve financial institutions' profits.” Additional quotes BoJ’s massive monetary easing, including yield curve control (YCC), was a necessary process towards achieving our price target.

BOJ

CentralBanks

InterestRate

USDJPY

Balas

NZD/USD posts modest gains above 0.5750 ahead of US PMI release

a month ago

News Discussion Forum

Oleh Fxstreet

NZD/USD posts modest gains above 0.5750 ahead of US PMI release

The NZD/USD pair extends the rally to around 0.5765 during the early Asian session on Friday, pressured by the softer US dollar (USD).

NZDUSD

Majors

Macroeconomics

Balas

PBOC sets USD/CNY reference rate at 7.1696 vs. 7.1712 previous

a month ago

News Discussion Forum

Oleh Fxstreet

PBOC sets USD/CNY reference rate at 7.1696 vs. 7.1712 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1696 as compared to the previous day's fix of 7.1712 and 7.2433 Reuters estimates.

USDCNY

PBOC

CentralBanks

Currencies

Balas

Japanese Industry and Trade Minister Muto will head to the US to talk tariffs

a month ago

News Discussion Forum

Oleh Forex Live

Japanese Industry and Trade Minister Muto will head to the US to talk tariffs

Specific date not yet set

JPY

Balas

Japan Jibun February preliminary manufacturing PMI 48.9 (prior 48.7)

a month ago

News Discussion Forum

Oleh Forex Live

Japan Jibun February preliminary manufacturing PMI 48.9 (prior 48.7)

Falsh services is 53.1 (prior 53.0)

JPY

Balas

Japan’s National CPI climbs 4.0% YoY in January, Core CPI rises more than expected

a month ago

News Discussion Forum

Oleh Fxstreet

Japan’s National CPI climbs 4.0% YoY in January, Core CPI rises more than expected

Japan’s National Consumer Price Index (CPI) climbed 4.0% YoY in January, compared to the previous reading of 3.6%, according to the latest data released by the Japan Statistics Bureau on Friday.

Japan

CPI

Inflation

Macroeconomics

Balas

EUR/USD holds steady near 1.0500 ahead of Eurozone PMI release

a month ago

News Discussion Forum

Oleh Fxstreet

EUR/USD holds steady near 1.0500 ahead of Eurozone PMI release

The EUR/USD pair trades flat near 1.0500 during the late American session on Thursday.

EURUSD

Majors

Macroeconomics

Balas

Japan January Core CPI 3.2% y/y vs. 3.1% expected

a month ago

News Discussion Forum

Oleh Forex Live

Japan January Core CPI 3.2% y/y vs. 3.1% expected

Japan inflation data, January 2025

BOJ

JPY

Balas

Ukraine President Zelenskyy says meeting with US' General Kellogg 'restores hope'

a month ago

News Discussion Forum

Oleh Forex Live

Ukraine President Zelenskyy says meeting with US' General Kellogg 'restores hope'

I wonder what Kellogg said?

ukraine

Balas

Fed’s Kugler: Central bank should hold policy rate in place for some time

a month ago

News Discussion Forum

Oleh Fxstreet

Fed’s Kugler: Central bank should hold policy rate in place for some time

Federal Reserve Board Governor Adriana Kugler said late Thursday that US inflation still has "some way to go" to reach the central bank's 2% target and that its path toward that goal continues to be bumpy, per Reuters.

Fed

CentralBanks

UnitedStates

Macroeconomics

Balas

RBA’s Bullock: Board remains cautious about prospects for further policy easing

a month ago

News Discussion Forum

Oleh Fxstreet

RBA’s Bullock: Board remains cautious about prospects for further policy easing

Reserve Bank of Australia Governor Michele Bullock said late Thursday that the central projection suggests that if monetary policy is eased too quickly or by too much, disinflation could stall and inflation would settle above the midpoint.

RBA

Macroeconomics

CentralBanks

Australia

Balas

a month ago

News Discussion Forum

Oleh Fxstreet

Australia's Judo Bank Manufacturing PMI rises to 50.6 in February, Services PMI improves to 51.4

The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) rose to 50.6 in February from 50.2 in January, the latest data published by Judo Bank and S&P Global showed on Friday.

Australia

PMI

Macroeconomics

Balas

Pimco cautious on Australia semi-govmt debt, concerns mount about states fiscal health

a month ago

News Discussion Forum

Oleh Forex Live

Pimco cautious on Australia semi-govmt debt, concerns mount about states fiscal health

AUD

Balas

FT front page headline says US opposes language on 'Russian aggression' in Ukraine

a month ago

News Discussion Forum

Oleh Forex Live

FT front page headline says US opposes language on 'Russian aggression' in Ukraine

Re G7 statement

Politics

Balas

Forexlive Americas FX news wrap 20 Feb. The USD moves lower. USDJPY falls to new 2025 low.

a month ago

News Discussion Forum

Oleh Forex Live

Forexlive Americas FX news wrap 20 Feb. The USD moves lower. USDJPY falls to new 2025 low.

Forex news for North American trading on Feb 20, 2025

Session wrap

Wrap Nth America

Balas

Australian Preliminary Manufacturing PMI for February 50.6 (prior 50.2)

a month ago

News Discussion Forum

Oleh Forex Live

Australian Preliminary Manufacturing PMI for February 50.6 (prior 50.2)

S&P Global Australian Flash PMIs for February 2025

AUD

Balas

New Zealand January trade balance a deficit of 486bn NZD (prior 94mn surplus)

a month ago

News Discussion Forum

Oleh Forex Live

New Zealand January trade balance a deficit of 486bn NZD (prior 94mn surplus)

Annual trade balance is a deficit of 7.22bn NZD

NZD

Balas

Economic calendar in Asia 21 February 2025 - Fed, RBA speakers, Japan inflation data

a month ago

News Discussion Forum

Oleh Forex Live

Economic calendar in Asia 21 February 2025 - Fed, RBA speakers, Japan inflation data

A busy calendar for the session ahead

RBA

economic calendar

Fed

Balas

Trade ideas thread - Friday, 21 February, insightful charts, technical analysis, ideas

a month ago

News Discussion Forum

Oleh Forex Live

Trade ideas thread - Friday, 21 February, insightful charts, technical analysis, ideas

Post 'em if ya got 'em!

USD

Balas

Major US indices close lower but retraces losses

a month ago

News Discussion Forum

Oleh Forex Live

Major US indices close lower but retraces losses

US market indices closed lower after volatile trading session, with Dow, S&P, NASDAQ, and Russell 2000 slipping, while tech stocks like Meta and Palantir saw declines amid broader software sector weakness.

Stocks

Balas

US Dollar downs as markets asses labor market data and Fed official's signals

a month ago

News Discussion Forum

Oleh Fxstreet

US Dollar downs as markets asses labor market data and Fed official's signals

The US Dollar Index (DXY), which tracks the US Dollar’s (USD) performance against six major currencies, extends its decline on Thursday, slipping near 106.30.

DollarIndex

SEO

Currencies

TradeWar

Balas

a month ago

News Discussion Forum

Oleh Fxstreet

Forex Today: It’s PMIs day!

The US Dollar came under renewed and significant selling pressure, retreating to two-month lows even though the US tariff narrative remained unchanged and the Russia-Ukraine peace talks showed no signs of improvement.

Manufacturing

PMI

DollarIndex

Currencies

EURUSD

Balas

White House nat sec advisory Waltz: Zelensky needs to return to table on critical minerals

a month ago

News Discussion Forum

Oleh Forex Live

White House nat sec advisory Waltz: Zelensky needs to return to table on critical minerals

Comments from Waltz

Politics

Balas

MUFG: JPY now the best-performing G10 currency in 2025, staying short EUR/JPY

a month ago

News Discussion Forum

Oleh Forex Live

MUFG: JPY now the best-performing G10 currency in 2025, staying short EUR/JPY

The yen is having a big week

JPY

Balas

Dow Jones Industrial Average tumbles on weak labor market data from the US, Fed words

a month ago

News Discussion Forum

Oleh Fxstreet

Dow Jones Industrial Average tumbles on weak labor market data from the US, Fed words

The Dow Jones Industrial Average (DJIA), which measures the performance of 30 large-cap US stocks, fell sharply on Thursday, dropping more than 1.40% to 43,980.

DowJones

TradeWar

Fed

Balas

Morgan Stanley G10 FX outlook: AUD, JPY, GBP, NZD, CAD, CHF

a month ago

News Discussion Forum

Oleh Forex Live

Morgan Stanley G10 FX outlook: AUD, JPY, GBP, NZD, CAD, CHF

A look around the FX market from MS

USD

Balas

US sells 30-year TIPS at 2.403% vs 2.40% WI

a month ago

News Discussion Forum

Oleh Forex Live

US sells 30-year TIPS at 2.403% vs 2.40% WI

Results of the 30-year TIPS auction

Bonds

Balas

Zelenskiy:Ukraine is ready for strong and useful agreement w/US on investments &insecurity

a month ago

News Discussion Forum

Oleh Forex Live

Zelenskiy:Ukraine is ready for strong and useful agreement w/US on investments &insecurity

USD

Balas

US Middle East envoy Witkoff: Trump plan for Gaza is not an eviction plan for Palestinians

a month ago

News Discussion Forum

Oleh Forex Live

US Middle East envoy Witkoff: Trump plan for Gaza is not an eviction plan for Palestinians

US Middle East envoy Witkoff clarifies that Trump's Gaza plan is not about evicting Palestinians but about what's best for them. The plan aims to shake up current thinking and improve prospects for Palestinian people.

USD

Balas

Banxico Minutes: Weaker growth and lower inflation keep rate-cut bets alive

a month ago

News Discussion Forum

Oleh Fxstreet

Banxico Minutes: Weaker growth and lower inflation keep rate-cut bets alive

Banco de Mexico, also known as Banxico revealed its monetar policy minutes for the decision announced on February 6.

USDMXN

Banxico

InterestRate

Balas

Fed’s Musalem: Inflation risks are tilted to the upside

a month ago

News Discussion Forum

Oleh Fxstreet

Fed’s Musalem: Inflation risks are tilted to the upside

On Thursday, St. Louis Fed President Alberto Musalem warned that rising inflation expectations combined with the risk of stubborn stagflation could create a double challenge for the US economy.

Fed

Inflation

DollarIndex

InterestRate

Balas