Forex Market

Business activity in the United States showed modest improvement at the start of the year, with the preliminary S&P Composite Purchasing Managers’ Index (PMI) inching up to 52.8 in January from 52.7 in December. The manufacturing sector saw a slight increase, rising to 51.9, while the services sector held steady …

Private sector activity in the U.K. expanded at its fastest pace in nearly two years in January, according to S&P Global’s latest flash PMI data, signaling a stronger start to 2026 for the economy. The composite PMI rose to 53.9 from 51.4 in December, marking the ninth straight month above …

U.K. retail sales rebounded sharply in December, signaling a return of consumer confidence after months of caution surrounding the Autumn budget and giving the Bank of England fresh food for thought ahead of its February policy meeting. Monthly sales rose 0.4%, reversing November’s decline, while annual growth surged to 2.5%—well …

Oil prices advanced in Asian trading on Friday after U.S. President Donald Trump warned of potential military action against Iran, reigniting fears of supply disruptions in the Middle East. Despite some volatility earlier in the week, crude was on track for a fifth consecutive weekly gain, supported by expectations of …

Yen Finds Support, Dollar Recovers Modestly: The Japanese Yen recovered some lost ground against the US Dollar on Thursday, though gains remained limited, as USD/JPY stabilized near 158.42, up 0.11% on the day.The pair pulled back from earlier highs as broad Dollar weakness resurfaced, even as US macro data pointed …

Global markets advanced as investors reacted to signs of easing tensions between the United States and Europe, following renewed diplomatic engagement that reduced fears of imminent trade measures.The US Dollar continued to weaken even after inflation and growth data broadly met expectations. Recent figures confirmed that price pressures remain manageable, …

The US dollar weakened on Thursday following the release of economic data showing continued stabilization in inflation, solid growth fundamentals, and signs of resilience in the labor market. The softer tone in risk sentiment—supported by diminishing geopolitical worries—has also contributed to the greenback’s retreat.Investors reacted positively after the US reported …

Gold Nears Multi‑Year Highs on Global Uncertainty Gold prices surged on Thursday, with spot bullion climbing above $4,913 per ounce, gaining nearly 1.7% and flirting with fresh multi‑year highs as traders balanced strong economic data with lingering geopolitical tensions. The precious metal extended its impressive run so far this year, …

US inflation firmed slightly in November, signaling that price pressures remain persistent. The Personal Consumption Expenditures (PCE) Price Index rose to 2.8% year-on-year from 2.7% in October, matching expectations. On a monthly basis, prices increased by 0.2%, pointing to steady, controlled inflation rather than a rapid slowdown.Core Inflation Keeps Policymakers …

New filings for U.S. unemployment benefits edged higher last week, but by far less than expected, reinforcing signs that the labor market is holding steady as 2026 begins. Initial claims for state jobless aid increased by just 1,000 to a seasonally adjusted 200,000 for the week ended January 17, according …