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  1. PBOC leaves Loan Prime Rates unchanged in August
    • Breaking news

    PBOC leaves Loan Prime Rates unchanged in August

    • Breaking news

    The People's Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Wednesday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively. 

  2. WTI drifts lower to near $62.00 on talks to end Russian invasion of Ukraine
    • Breaking news

    WTI drifts lower to near $62.00 on talks to end Russian invasion of Ukraine

    • Breaking news

    West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.05 during the early Asian trading hours on Wednesday. The WTI edges lower on the prospect of peace in Ukraine after the end of talks between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy. 

  3. White House says Russia-Ukraine meeting plans are underway following Trump meetings
    • Breaking news

    White House says Russia-Ukraine meeting plans are underway following Trump meetings

    • Breaking news

    White House press secretary Karoline Leavitt said that plans for a bilateral meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy are now underway, CNN reported on Tuesday. 

  4. US Treasury Sec. Bessent: Status quo with China is working very well
    • Breaking news

    US Treasury Sec. Bessent: Status quo with China is working very well

    • Breaking news

    US Treasury Secretary Scott Bessent said late Monday that the talks between the United States (US) and China are going well, adding that he expects US growth to pick up in the fourth quarter (Q4). 

  5. GBP/USD eases ahead of bloated data docket
    • Breaking news

    GBP/USD eases ahead of bloated data docket

    • Breaking news

    GBP/USD eased lower on Tuesday, edging back below 1.3500 as Cable traders await a reason to make a move. The trading week opened up with little of note on the economic data docket, leaving markets to react to headline flows that remained constrained.

  6. USD/CAD posts modest gains above 1.3850 as Canadian CPI data raises odds of BoC rate cut
    • Breaking news

    USD/CAD posts modest gains above 1.3850 as Canadian CPI data raises odds of BoC rate cut

    • Breaking news

    The USD/CAD pair posts modest gains near 1.3870 during the early Asian session on Wednesday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) as cooler Canadian inflation data raised expectations that the Bank of Canada (BoC) would cut interest rates in the coming months.

  7. USD/JPY Price Forecast: To remain sideways ahead of Powell's Jackson Hole speech
    • Breaking news

    USD/JPY Price Forecast: To remain sideways ahead of Powell's Jackson Hole speech

    • Breaking news

    USD/JPY consolidated during Tuesday's session, ending the day with minimal losses of 0.14%, with the pair trading near familiar levels, below the 20-day Simple Moving Average (SMA) at 147.86. At the time of writing, the pair trades at 147.61, virtually unchanged as Wednesday's Asian session begins.

  8. EUR/USD steadies below 1.1650 as markets await Powell's Jackson Hole speech
    • Breaking news

    EUR/USD steadies below 1.1650 as markets await Powell's Jackson Hole speech

    • Breaking news

    EUR/USD consolidates during the North American session above the 1.1600 figure as traders await the Federal Reserve (Fed) Chair Jerome Powell's speech at Jackson Hole, alongside the outcome of the Ukraine-Russia conflict solution. The pair trades at around 1.1640, down 0.12% at the time of writing.

  9. RBNZ expected to resume interest rate easing path
    • Breaking news

    RBNZ expected to resume interest rate easing path

    • Breaking news

    The Reserve Bank of New Zealand (RBNZ) is widely expected to lower the Official Cash Rate (OCR) from 3.25% to 3% when the board members conclude the August monetary policy meeting on Wednesday.

  10. Canadian Dollar weakens after Canadian CPI eases faster than expected
    • Breaking news

    Canadian Dollar weakens after Canadian CPI eases faster than expected

    • Breaking news

    The Canadian Dollar (CAD) shed further weight on Tuesday, declining against the US Dollar (USD) after Canadian Consumer Price Index (CPI) inflation figures showed a slight easing in headline figures.

  11. AUD/USD Price Forecast: Australian Dollar slips to two-week low, eyes break below 0.6450
    • Breaking news

    AUD/USD Price Forecast: Australian Dollar slips to two-week low, eyes break below 0.6450

    • Breaking news

    The Australian Dollar (AUD) weakens against the US Dollar (USD) on Tuesday, with AUD/USD slipping to its lowest level in two weeks.

  12. Forex Today: The FOMC Minutes and UK inflation in the spotlight
    • Breaking news

    Forex Today: The FOMC Minutes and UK inflation in the spotlight

    • Breaking news

    The US Dollar (USD) had a positive day on Tuesday, as traders remained cautious ahead of the release of the FOMC Minutes on Wednesday and the pivotal Jackson Hole Symposium later this week. Furthermore, geopolitics has returned to the forefront of price action drivers.

  13. Gold slumps on geopolitical developments, strong Dollar ahead of Powell's speech
    • Breaking news

    Gold slumps on geopolitical developments, strong Dollar ahead of Powell's speech

    • Breaking news

    Gold price tumbles on Tuesday as the Greenback extends its minimal gains for the second straight day, while geopolitical developments suggest that a positive outcome of the US President Trump meeting with Putin, Zelenskiy and European leaders could put an end to the ongoing war.

  14. New Zealand Dollar dips with RBNZ cut in focus, Fed minutes on deck
    • Breaking news

    New Zealand Dollar dips with RBNZ cut in focus, Fed minutes on deck

    • Breaking news

    The New Zealand Dollar (NZD) weakens against the US Dollar (USD) on Tuesday, as traders reposition ahead of key macro catalysts, including the release of the Federal Reserve's July meeting minutes and the Jackson Hole Symposium later this week.

  15. Dow Jones Industrial Average grapples with fizzling tech rally
    • Breaking news

    Dow Jones Industrial Average grapples with fizzling tech rally

    • Breaking news

    The Dow Jones Industrial Average (DJIA) flubbed an early rise on Tuesday, jumping higher before backsliding through the rest of the day, erasing the early morning gains.

  16. GBP/USD holds near 1.3500 as ceasefire hopes offset Fed, UK CPI risks
    • Breaking news

    GBP/USD holds near 1.3500 as ceasefire hopes offset Fed, UK CPI risks

    • Breaking news

    GBP/USD holds firm at around 1.3500 on Tuesday amid reports of a possible end to the war between Ukraine and Russia. At the same time, traders await inflation data in the UK, the latest minutes of the Federal Reserve's (Fed) July meeting, and the Fed Chair Jerome Powell's speech at Jackson Hole.

  17. WTI Crude Oil slides toward $62.00 as geopolitical tensions ease and oversupply fears mount
    • Breaking news

    WTI Crude Oil slides toward $62.00 as geopolitical tensions ease and oversupply fears mount

    • Breaking news

    WTI Crude Oil remains under pressure on Tuesday, trading around $62.00 per barrel, as markets digested signs of de-escalation in the Russia-Ukraine conflict and positioned cautiously ahead of key macroeconomic events.

  18. Canadian Dollar weakens after July CPI undershoots forecasts
    • Breaking news

    Canadian Dollar weakens after July CPI undershoots forecasts

    • Breaking news

    The Canadian Dollar (CAD) weakens against the US Dollar (USD) on Tuesday, with USD/CAD climbing above the 1.3830 mark as softer-than-expected inflation data from Canada fuels speculation of a dovish stance from the Bank of Canada (BoC).

  19. EUR/GBP holds firm as markets eye Eurozone, UK CPI and Lagarde's remarks
    • Breaking news

    EUR/GBP holds firm as markets eye Eurozone, UK CPI and Lagarde's remarks

    • Breaking news

    The Euro (EUR) is trading with a steady tone against the British Pound (GBP) on Tuesday, with the EUR/GBP cross hovering below the 0.8650 psychological mark at the start of the American session.

  20. US Treasury's Bessent: Fed rate cut could facilitate a pickup in home building
    • Breaking news

    US Treasury's Bessent: Fed rate cut could facilitate a pickup in home building

    • Breaking news

    United States (US) Treasury Secretary Scott Bessent said on Tuesday that a rate cut by the Federal Reserve (Fed) could facilitate a pickup in home building and keep prices down for one to two years down the road, per Reuters.


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