Forex Market

The European Commission President Ursula von der Leyen expressed readiness to strike a trade deal with the Trump administration, but with caveats. Facing U.S. threats of 50% tariffs by July 9, the EU is open to concessions, particularly on autonomous vehicle regulations, to protect key sectors like autos and steel. …

The U.S. Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, showed a slight increase in May, indicating stable price gains despite ongoing concerns about the economic impact of sweeping U.S. tariffs. The headline PCE inflation for May rose by 0.1% on a month-on-month basis, matching the …

The upcoming release of the Personal Consumption Expenditures (PCE) Price Index data for May is expected to provide valuable insights into inflationary pressures and influence market expectations about the Federal Reserve’s interest rate policy. According to forecasts, the core PCE Price Index—considered the Fed’s preferred measure of inflation—will increase by …

The European Central Bank (ECB) is on track to meet its 2% inflation target, according to Vice President Luis de Guindos, who expressed confidence in the ECB’s monetary policy approach. In a statement to Spanish broadcaster Antena 3 on Friday, de Guindos reaffirmed the ECB’s commitment to bringing inflation to …

French consumer prices saw a modest increase in June, surpassing economist expectations, according to preliminary data released Friday by the national statistics agency INSEE. The harmonised inflation rate, which adjusts for comparisons with other eurozone countries, rose by 0.8% year-on-year in June. This marked a slight acceleration compared to previous …

Gold prices slipped to their lowest levels in nearly four weeks during Asian trading on Friday, as the ongoing ceasefire between Israel and Iran weakened demand for the precious metal, traditionally considered a safe-haven asset during times of geopolitical unrest. Spot gold fell 1% to $3,293.79 an ounce, its lowest …

Oil prices edged higher on Friday, but remained on track for their largest weekly decline since March 2023, as market concerns over supply disruptions from the Israel-Iran conflict dissipated. The absence of significant impact on global oil flows led to the evaporation of any risk premium that had previously supported …

French President Emmanuel Macron declared that Europe would counter a proposed 10% US tariff with equivalent levies on American firms. This bold stance highlights mounting friction between European leaders and the US, as markets reacted with the EUR/USD falling 0.18% to 1.1682. Macron’s warning signals Europe’s readiness to protect its …

On June 26, 2025, the Banco de Mexico (Banxico) lowered its benchmark interest rate by 50 basis points to 8%, aligning with market expectations. The decision, however, saw dissent from Deputy Governor Jonathan Heath, who advocated maintaining rates at 8.5%. This cut reflects Banxico’s response to a complex economic landscape, …

U.S. Treasury yields fell on Thursday, with 10-year notes dropping to 4.258% from previous 4.292%. The decline followed reports that President Donald Trump is exploring replacements for Federal Reserve Chair Jerome Powell. This speculation has sparked concerns about a potential shift in monetary policy, unsettling markets. Yields fluctuated during the …