Forex News

US Dollar Index falls below 99.50 due to eroding investor confidence, Retails Sales eyed

The US Dollar Index (DXY), which measures the US Dollar (USD) against a basket of six major currencies, declined after gaining in the previous session, trading near 99.50 during Wednesday's European hours. The Greenback faces headwinds due to eroding investor confidence in US assets amid escalating US-China trade tensions.

Wed, 16 Apr 2025 04:05:38 -0400

Eurozone February current account balance €33.1 billion vs €13.2 billion prior

, This article was written by Justin Low at www.forexlive.com.

Wed, 16 Apr 2025 04:01:25 -0400

Italy Consumer Price Index (YoY) below forecasts (2%) in March: Actual (1.9%)

Italy Consumer Price Index (YoY) below forecasts (2%) in March: Actual (1.9%)

Wed, 16 Apr 2025 04:01:03 -0400

Italy Consumer Price Index (MoM) came in at 0.3%, below expectations (0.4%) in March

Italy Consumer Price Index (MoM) came in at 0.3%, below expectations (0.4%) in March

Wed, 16 Apr 2025 04:00:58 -0400

Eurozone Current Account n.s.a up to €33.1B in February from previous €13.2B

Eurozone Current Account n.s.a up to €33.1B in February from previous €13.2B

Wed, 16 Apr 2025 04:00:55 -0400

Italy Consumer Price Index (EU Norm) (YoY) in line with forecasts (2.1%) in March

Italy Consumer Price Index (EU Norm) (YoY) in line with forecasts (2.1%) in March

Wed, 16 Apr 2025 04:00:54 -0400

Eurozone Current Account s.a below forecasts (€37.3B) in February: Actual (€34.3B)

Eurozone Current Account s.a below forecasts (€37.3B) in February: Actual (€34.3B)

Wed, 16 Apr 2025 04:00:51 -0400

Italy Consumer Price Index (EU Norm) (MoM) meets expectations (1.6%) in March

Italy Consumer Price Index (EU Norm) (MoM) meets expectations (1.6%) in March

Wed, 16 Apr 2025 04:00:51 -0400

Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $60.29 per barrel, down from Tuesday's close at $61.01.

Wed, 16 Apr 2025 03:46:46 -0400

China's Foreign Ministry urges US to stop threats and blackmail

On Wednesday, China's Foreign Ministry urged the US to stop threats and blackmail.

Wed, 16 Apr 2025 03:28:37 -0400

WTI drops to near $60.00 as US-China trade dispute continues to weigh on energy demand

West Texas Intermediate (WTI) Oil price continues its decline for the third consecutive session, losing over 1.00% and trading near $60.30 per barrel during early European hours on Wednesday. The drop in crude Oil prices reflects growing uncertainty caused by shifts in US tariff policies, as traders assess the economic ramifications of the ongoing US-China trade conflict and its potential impact on energy demand.

Wed, 16 Apr 2025 03:25:53 -0400

China Foreign Ministry: Urge US to stop threats and blackmail

Urge US to stop threats and blackmail. If US wants to solve issues through dialogue, it should stop exerting maximum pressure.

Wed, 16 Apr 2025 03:23:28 -0400

Pound Sterling faces selling pressure as UK inflation cools down

The Pound Sterling (GBP) faces selling pressure against its major peers on Wednesday, except the US Dollar (USD), after the release of the softer-than-expected United Kingdom (UK) Consumer Price Index (CPI) data for March. 

Wed, 16 Apr 2025 03:17:14 -0400

Nvidia said to have kept some customers in the dark about China restrictions - report

It just gets messier and messier. Reuters is now reporting that Nvidia has kept some of its China customers in the dark despite being informed about new restrictions to its H20 chips about a week ago, citing two sources familiar with the matter.

Wed, 16 Apr 2025 03:16:36 -0400

Postcard from China – 10 Key Takeaways from Trip to China

On Sunday I came back from a week-long visit to China. And what a week it was.

Wed, 16 Apr 2025 03:10:04 -0400

Nomura cuts China 2025 GDP growth forecast to 4% from 4.5% previously

Here's a summary of the other calls for 2025 on China GDP: ANZ: 4.2% (previously 4.8%) Citi: 4.2% (previously 4.7%) Goldman Sachs: 4% (previously 4.5%) Morgan Stanley: 4.2% (previously 4.5%) UBS: 3.4% (previously 4%) This article was written by Justin Low at www.forexlive.com.

Wed, 16 Apr 2025 03:03:44 -0400

Austria HICP (YoY) meets forecasts (3.1%) in March

Austria HICP (YoY) meets forecasts (3.1%) in March

Wed, 16 Apr 2025 03:03:13 -0400

Austria HICP (MoM) in line with expectations (0.3%) in March

Austria HICP (MoM) in line with expectations (0.3%) in March

Wed, 16 Apr 2025 03:02:16 -0400

Will US Retail Sales Show Consumers Retreating?

Today the US March retail sales and industrial production data is due for release in the afternoon. Markets will pay extremely close attention to especially retail sales, which provides hard evidence of how consumer behaviour has evolved after Trump's tariffs began to take effect.

Wed, 16 Apr 2025 02:42:23 -0400

Don't Expect Powell to Cave to Market Expectations of Growth-Supporting Rate Cuts

The first two sessions of the trading-shortened Easter week developed orderly, with markets recovering somewhat from last week's mayhem. News flow of the last 24 hours or so suggests that the risk rebound will face a tough test.

Wed, 16 Apr 2025 02:38:59 -0400

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