Search results | World FX news

US headline CPI rose 0.3% m/m (the most since Jan) translating to 2.7% y/y increase in June, up from 2.4% in May, helped by a rebound in energy prices and higher food costs.

Created : 2025.07.16 18:30

Last updated : 2025.07.16

The Kremlin said in a statement on Wednesday, "a phone call with US President Donald Trump is not planned."

Created : 2025.07.16 18:26

Last updated : 2025.07.16

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. In addition, no immediate action from the US against Russia following President Trump's 'major statement' means that the focus returns to the expected oil surplus later in the year.

Created : 2025.07.16 18:18

Last updated : 2025.07.16

This morning, the UK reported services inflation was unchanged at 4.7% in June, against expectations for a deceleration to 4.5%, ING's FX analyst Francesco Pesole notes.

Created : 2025.07.16 18:14

Last updated : 2025.07.16

The US Dollar jumped higher against the Swiss Franc on Tuesday, as the strong US Consumer Price Index cast doubt on any Fed rate cut in the near term.

Created : 2025.07.16 18:05

Last updated : 2025.07.16

The USD/CAD pair remains stronger for the fourth successive day, trading around 1.3720 during the European hours on Wednesday. The technical analysis of the daily chart suggests a prevailing bearish sentiment as the pair consolidates within the descending channel pattern.

Created : 2025.07.16 17:56

Last updated : 2025.07.16

The US dollar continued its recovery yesterday, a trend that has been ongoing for several days now. EUR/USD closed just above 1.16 at the end of the trading day, Commerzbank's FX analyst Michael Pfister notes.

Created : 2025.07.16 17:53

Last updated : 2025.07.16

GBP/USD has slipped below key technical levels, breaking an ascending trend line and falling under its 50-day moving average, signaling fading bullish momentum.

Created : 2025.07.16 17:46

Last updated : 2025.07.16

Euro (EUR) fell amid broad US Dollar (USD) strength, as US core goods CPI rose. EUR was last at 1.1622, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Created : 2025.07.16 17:37

Last updated : 2025.07.16

Some headlines about French politics might have gotten into the mix on a bad day for the euro yesterday, although no spillover into the OAT-Bund spread means the effect should have been marginal if anything, ING's FX analyst Francesco Pesole notes.

Created : 2025.07.16 17:33

Last updated : 2025.07.16

USD/IDR extends its winning streak for the third successive session, trading around 16,300 during the European hours on Wednesday. The pair holds gains following the Bank Indonesia (BI) interest rate decision.

Created : 2025.07.16 17:32

Last updated : 2025.07.16

Silver (XAG/USD) is regaining some of the ground lost over the last two days and is picking up towards the $38.00 level. The US Dollar is giving up previous gains as the market digests the US CPI figures and shifts its focus towards the PPI report, due later today.

Created : 2025.07.16 17:14

Last updated : 2025.07.16

Dow Jones Futures fall ahead of the US market opening on Wednesday, trading around 44,135, down by 0.25%, during the European hours. Meanwhile, S&P 500 Futures are down by 0.08% to 6,260, and Nasdaq 100 Futures depreciate 0.36% to trade near 22,970.

Created : 2025.07.16 16:45

Last updated : 2025.07.16

The EUR/USD pair is posting minor gains on Wednesday, correcting higher after losing more than 0.5% on Tuesday. US Consumer Prices Index (CPI) figures confirmed the inflationary trend foreseen by the Federal Reserve (Fed), curbing hopes of rate cuts in the coming months.

Created : 2025.07.16 16:41

Last updated : 2025.07.16

The US Dollar is pulling back from the three-week high of 98.25, reached on Tuesday, following the release of hot US Consumer Price Index figures.

Created : 2025.07.16 16:34

Last updated : 2025.07.16

Here is what you need to know on Wednesday, July 16:

Created : 2025.07.16 16:24

Last updated : 2025.07.16

The Pound Sterling (GBP) attracts bids against its major peers on Wednesday after the release of a hotter-than-projected United Kingdom (UK) Consumer Price Index (CPI) data for June.

Created : 2025.07.16 16:16

Last updated : 2025.07.16

NZD/USD edges higher after three days of losses, trading around 0.5950 during the early European hours on Wednesday.

Created : 2025.07.16 16:00

Last updated : 2025.07.16

The GBP/JPY cross trades with mild gains around 199.45 during the early European session on Wednesday. The hotter-than-expected UK June CPI inflation report provides some support to the Pound Sterling (GBP) against the Japanese Yen (JPY).

Created : 2025.07.16 15:58

Last updated : 2025.07.16

European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said in a Handelsblatt interview published late Tuesday, "'politics with a steady hand' is currently required to deal with the uncertainty unleashed by US President Donald Trump's latest tariff threat"

Created : 2025.07.16 15:15

Last updated : 2025.07.16