Currency & Forex News

Stay updated with the latest currency exchange news, forex market updates, and money transfer industry developments.

FXStreet
38 minutes ago

Silver Price Forecast: XAG/USD falls to near $55.50 amid interest rate concerns

Silver price (XAG/USD) remains subdued for the third successive day, trading around $55.50 per troy ounce during the Asian hours on Thursday. Silver is on track to drop over 7% this week as escalating Middle East tensions drive oil prices up.

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FXStreet
about 1 hour ago

US President Donald Trump begins widely anticipated address to the nation

US President Donald Trump is delivering a primetime address to the nation from the White House on Friday.

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FXStreet
about 1 hour ago

PBOC sets USD/CNY reference rate at 6.7934 vs. 6.7909 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7934 compared to the previous day's fix of 6.7909 and 6.7734 Reuters estimate.

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ForexLive
about 1 hour ago

Trump blaming China for election breach back in 2020

Trump is speaking now. China ... This article was written by Eamonn Sheridan at investinglive.com. ]]>

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FXStreet
about 1 hour ago

Japan’s Katayama says ready to act on currency moves whenever necessary

Japan’s Finance Minister Satsuki Katayama said on Friday that the authorities are ready to act on currency moves whenever necessary.

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FXStreet
about 1 hour ago

New Zealand Dollar rises amid sticky inflation fears, escalating Middle East tensions

NZD/USD inches higher after posting minor losses in the previous day, trading around 0.5840 during the Asian hours on Friday. The currency pair remains stronger as the New Zealand Dollar (NZD) holds its ground following the release of the country's latest food price data.

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FXStreet
about 1 hour ago

United States Dollar Index consolidates above 100.50 as traders look to Trump's speech

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen oscillating in a narrow range just above the 100.50 level as traders await US President Donald Trump's speech.

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FXStreet
about 2 hours ago

Euro flatlines near 1.1450 amid renewed Hormuz hostilities

The EUR/USD pair holds steady around 1.1445 during the early Asian session on Friday. Traders continue to digest the developments surrounding the Middle East conflicts. The preliminary reading of the Michigan Consumer Sentiment Index for July will be published later on Friday.

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ForexLive
about 2 hours ago

Singapore June exports rise 20.7% but miss forecasts on non-electronics weakness

The miss against consensus, and the sharp deceleration from May's two-decade high, suggests the AI-driven electronics export surge may be starting to normalize after several months of extraordinary growth, even though the underlying electronics strength to Taiwan and the US remains intact. The...

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FXStreet
about 2 hours ago

Iran tells Houthis to close Red Sea oil route if US hits power network — Reuters

Iran has asked Yemen’s Houthi militia to stand ready to close the Red Sea oil route if the United States (US) strikes Iranian power infrastructure, posing a potent new threat to global energy supplies, Reuters reported on Thursday.

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FXStreet
about 3 hours ago

Gold tumbles to eight-month low below $4,000 as Middle East tensions reinforce US rate hike bets

Gold price (XAU/USD) falls to near an eight-month low around $3,975 during the early Asian session on Friday. The precious metal extends its downside as rising tensions in the Middle East raise inflation concerns and reinforce expectations of elevated US interest rates.

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FXStreet
about 3 hours ago

Fed’s Jefferson: Current policy is well positioned to respond, based on incoming data

Federal Reserve (Fed) Vice Chair Philip Jefferson said that the current policy stance should support the job market and allow inflation to resume decline toward 2% as tariff effects and energy prices pass through, Reuters reported on Thursday.

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