Forex News

South Korea FX Reserves increased to 427.88B in April from previous 423.66B 🔗 Source 💡 DMK Insight South Korea’s FX reserves climbing to 427.88B is a significant indicator...

GBP/JPY retreats over 0.55% on Wednesday as the Japanese Yen strengthened in the aftermath of last week’s intervention in the FX markets by Japanese authorities. At the time...

Chicago Fed President Austan Goolsbee said that the US-Iran conflict is looking more like an inflationary shock. 🔗 Source 💡 DMK Insight Goolsbee’s comments on the US-Iran conflict...

AUD/USD gained roughly 0.8% on Wednesday, settling close to 0.7240 after testing 0.7280 intraday and failing to hold above the 0.7250 handle. 🔗 Source 💡 DMK Insight AUD/USD’s...

GBP/USD gained around 0.4% on Wednesday, settling close to 1.3595 after testing 1.3645 and failing to clear the 1.3600 handle on the close. 🔗 Source 💡 DMK Insight...

Gold price (XAU/USD) gains momentum to a one-week high near $4,700 during the early Asian session on Thursday. The precious metal extends the rally as optimism over a...

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Thursday that she anticipates slightly elevated near-term inflation, adding that growth to be slightly slower but still expected...

The Australian Bureau of Statistics will publish its data for March on Thursday at 00.30 GMT. Australia’s Trade Surplus is expected to narrow to 4,250 MoM in March, compared to 5,686...

Iran said a US proposal to end the war is “still being considered” after reports the two countries could be close to an agreement, the BBC reported on...

Germany HCOB Composite PMI came in at 48.4, above expectations (48.3) in April 🔗 Source 💡 DMK Insight Germany’s HCOB Composite PMI at 48.4 signals a slight economic...