Forex News

Brazil's central bank director says rates will be adjusted as needed after March

Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it as needed going forward, its monetary policy director, Nilton David, said on Friday.

Fri, 21 Feb 2025 11:20:34 -0500

US Dollar Technical Forecast: USD Plunges to Critical Support

The US Dollar is poised for a third weekly decline with a reversal off uptrend resistance now testing key support. Battle lines drawn on the USD weekly technical chart.

Fri, 21 Feb 2025 11:16:00 -0500

India fines BBC for alleged foreign exchange violations, sources say

India's financial crime fighting agency has fined British broadcaster BBC 314,510 pounds ($397,980) for alleged foreign exchange violations in the South Asian nation, three government sources told Reuters.

Fri, 21 Feb 2025 11:06:15 -0500

Weekly Focus – Important Euro Data Coming Up

Geopolitics dominated the news flow again this week but overall had limited market impact. The US held peace talks with Russia in Saudia Arabia leaving EU and Ukraine out of the talks.

Fri, 21 Feb 2025 10:34:29 -0500

US Dollar Outlook: Bearish on Weak Consumer Confidence and Housing Data

US Dollar Index steadies but remains under pressure as weak consumer confidence and housing data weigh. Falling Treasury yields point to bearish momentum.

Fri, 21 Feb 2025 10:30:33 -0500

Natural Gas Weekly Price Outlook – Natural Gas Continues to See Upward Pressure for Now

The natural gas market has rallied nicely for the week, but it is showing a bit of hesitation in the Friday session, as we are looking at the warmer temperatures heading into the picture.

Fri, 21 Feb 2025 10:06:15 -0500

US existing home sales for January. 4.08 million versus 4.12 million estimate

Prior month 4.24M annualized sales pace Existing home sales for January 2025 This article was written by Greg Michalowski at www.forexlive.com.

Fri, 21 Feb 2025 10:00:06 -0500

United States UoM 5-year Consumer Inflation Expectation came in at 3.5%, above expectations (3.3%) in January

United States UoM 5-year Consumer Inflation Expectation came in at 3.5%, above expectations (3.3%) in January

Fri, 21 Feb 2025 10:00:04 -0500

United States Existing Home Sales (MoM) registered at 4.08M, below expectations (4.12M) in January

United States Existing Home Sales (MoM) registered at 4.08M, below expectations (4.12M) in January

Fri, 21 Feb 2025 10:00:01 -0500

United States Michigan Consumer Sentiment Index below forecasts (67.8) in January: Actual (64.7)

United States Michigan Consumer Sentiment Index below forecasts (67.8) in January: Actual (64.7)

Fri, 21 Feb 2025 10:00:01 -0500

United States Existing Home Sales Change (MoM) down to -4.9% in January from previous 2.2%

United States Existing Home Sales Change (MoM) down to -4.9% in January from previous 2.2%

Fri, 21 Feb 2025 10:00:00 -0500

US PMI services slumps into contraction, growth outlook dims

US Manufacturing PMI rose from 51.2 to 51.6, an eight-month high. However, Services PMI dropped sharply from 52.9 to 49.7, marking a 25-month low.

Fri, 21 Feb 2025 09:57:16 -0500

Natural Gas Price Outlook – Natural Gas Continues to See Same Level of Resistance

The natural gas market initially rallied quite nicely in the early hours of Friday, but it continues to see a lot of resistance above, especially near the $4.40 level. The pullback of course just shows how late we are in the season.

Fri, 21 Feb 2025 09:56:40 -0500

Crude Oil Price Outlook – Crude Oil Continues to Drift

The crude oil markets look a bit negative in the early hours of Friday, as the market doesn't seem to have any real conviction one way or the other.

Fri, 21 Feb 2025 09:51:16 -0500

United States S&P Global Composite PMI dipped from previous 52.7 to 50.4 in February

United States S&P Global Composite PMI dipped from previous 52.7 to 50.4 in February

Fri, 21 Feb 2025 09:45:58 -0500

United States S&P Global Manufacturing PMI above expectations (51.5) in February: Actual (51.6)

United States S&P Global Manufacturing PMI above expectations (51.5) in February: Actual (51.6)

Fri, 21 Feb 2025 09:45:57 -0500

United States S&P Global Services PMI registered at 49.7, below expectations (53) in February

United States S&P Global Services PMI registered at 49.7, below expectations (53) in February

Fri, 21 Feb 2025 09:45:51 -0500

Canada: Retail Sales Jump in December, With Real Activity Reporting Its Strongest Month Since Mid-2022

In real terms, sales growth accelerated to 2.5% m/m, reflecting robust spending supported by the GST/HST tax break. This is the highest reading since June 2022.

Fri, 21 Feb 2025 09:27:31 -0500

UK economy readings underscore Bank of England's dilemma

A flurry of often contradictory UK economic data and surveys this week has left the Bank of England none the wiser about whether Britain's economy is more at risk of a wave of job losses or a new period of persistently high inflation.

Fri, 21 Feb 2025 09:16:50 -0500

Exclusive: Russia could concede $300 billion in frozen assets as part of Ukraine war settlement, sources say

Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the country that Moscow's forces control, three sources told Reuters.

Fri, 21 Feb 2025 09:08:26 -0500

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