Forex News

U.S. accelerates Middle East troop deployment amid rising Iran tensions.Summary:U.S. accelerating deployment of Marines and naval assets to Middle EastBoxer Amphibious Ready Group and 11th MEU deploying ahead...

Goldman Sachs warns oil prices may surge further on prolonged supply risks.Summary:Goldman Sachs sees upside risks to oil prices near term and into 2027Brent settles at $108.65 after...

The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of...

Summary:HSBC stays constructive on markets despite geopolitical volatility.Summary:HSBC Private Bank remains constructive on six-month investment outlookGlobal growth expected to be led by U.S. and AsiaMarkets shaped by AI,...

Saudi warns oil could hit $180, supply shock raises recession risks.Summary:Saudi officials see oil potentially reaching $180 if disruptions persistIran conflict has removed millions of barrels from global...

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.PBOC injects 20.5bn yuan in 7-day reverse repos at 1.4% (unchanged) in open...

Morgan Stanley delays Fed cuts as oil and inflation risks complicate outlook.Summary:Morgan Stanley delays Fed rate cut outlook to September and DecemberPrevious forecast was June and September easingFed...

Tesla looks to China for solar buildout despite U.S. supply chain push.SummaryTesla in talks to buy $2.9B of solar manufacturing equipment from ChinaAims to build 100 GW of...

Summary:Powell to deliver brief remarks at award event on Saturday at 1430 GMT/1030 US Eastern time Appearance tied to American Society for Public Administration conferenceRemarks expected to be...

Goldman Sachs Expects BoE to remain on hold throughout 2026 vs prior forecast of quarterly cuts from July Expect that the MPC will gradually lower bank rate in...