Forex Market

U.S. factory activity continued to gain traction in March, signaling a resilient industrial sector despite mounting global uncertainty. The latest data showed manufacturing growth accelerating slightly, reaching its strongest level since mid-2022. Production picked up at a notable pace, helping sustain overall expansion, even as other components of the sector …

U.S. consumer spending showed renewed strength in February, as retail sales rebounded following a contraction in the previous month and came in slightly ahead of market expectations. According to the US Census Bureau, retail sales rose 0.6% month-on-month to $738.4 billion. The increase follows a 0.1% decline in January and …

U.S. private-sector hiring showed modest resilience in March, with job gains exceeding expectations despite a slight slowdown from the previous month. According to Automatic Data Processing, private employers added 62,000 jobs in March, following a revised increase of 66,000 in February. The latest reading came in above market forecasts of …

Canada’s economy began the year on a steady footing, with modest growth supported by strength in energy and construction, even as manufacturing activity declined. According to Statistics Canada, real gross domestic product rose 0.1% in January, following a revised 0.2% increase in December. The reading came slightly above expectations, indicating …

Financial markets found renewed momentum as signs of potential de-escalation in the Iran war reshaped investor sentiment. Hopes that the conflict could move toward a diplomatic resolution reduced demand for traditional safe-haven assets, sending the US dollar lower while boosting equities across major markets. The change in tone comes as …

Amid intensifying conflict in the Middle East, China and Pakistan have launched a joint diplomatic initiative aimed at easing tensions and restoring stability. The move comes as the war continues to strain the region, raising global concerns over security, energy flows, and economic fallout.The announcement followed high-level talks between both …

In a pointed warning that underscores the Federal Reserve’s ongoing struggle with price stability, Kansas City Fed President Jeff Schmid cautioned that U.S. inflation could become entrenched at levels close to 3%. Speaking in Oklahoma City, Schmid argued that the recent surge in oil prices—driven by geopolitical tensions in the …

The Japanese Yen regained strength on Tuesday, sending the USD/JPY pair lower and pulling it away from the key 160 level. The move comes as traders grow increasingly cautious, with Japan signaling it may step in to curb excessive currency swings. This shift in tone has given the Yen fresh …

U.S. stock futures moved higher on Tuesday, supported by reports that Donald Trump is considering ending the military campaign against Iran, even as the critical Strait of Hormuz remains effectively closed. By 03:29 ET (07:29 GMT), Dow Jones futures rose 333 points, or 0.7%, while S&P 500 futures gained 42 …

The EUR/JPY currency pair moved lower at the start of the week, falling below the 184 level as the Japanese Yen strengthened. This shift came after strong signals from Japanese officials suggesting they may step in to support their currency, which quickly influenced market sentiment.The drop reflects growing caution among …