Show more
Current news is English only but we will be adding multilingual news - check back soon.
Japanese Yen sticks to intraday losses against recovering USD; lacks bearish conviction
Japanese Yen sticks to intraday losses against recovering USD; lacks bearish conviction
The Japanese Yen (JPY) continues losing ground against its American counterpart for the second straight day on Wednesday and moves away from the highest level since October touched the previous day.
USDJPY
BOJ
Inflation
TradeWar
SEO
Toyota has met union pay rise request in full
Toyota has met union pay rise request in full
Hitachi has also met the request in full
16 analyst forecast for the US CPI, headline and core, for February 2025
16 analyst forecast for the US CPI, headline and core, for February 2025
Consensus is 2.9% y/y and 3.2% y/y respectively (& 0.28% and 0.28% m/m)
Bonds
SPX
Nasdaq
Fed
USD
USD/INR gathers strength as traders await Indian/US CPI inflation releases
USD/INR gathers strength as traders await Indian/US CPI inflation releases
The Indian Rupee (INR) rebounds on Wednesday. The potential foreign exchange intervention from the Reserve Bank of India (RBI) and strong Asian currencies, especially the offshore Chinese Yuan provide some support to the Indian currency.
USDINR
SEO
India
Macroeconomics
EmergingMarkets
NZD/USD remains subdued near 0.5700 ahead of US CPI data
NZD/USD remains subdued near 0.5700 ahead of US CPI data
NZD/USD edges lower after registering gains in the previous session, trading around 0.5710 during the Asian hours on Wednesday.
NZDUSD
Macroeconomics
TradeWar
NewZealand
Majors
PM Albanese: Retaliatory measures would only increase costs for Australian consumers and fuel inflation
PM Albanese: Retaliatory measures would only increase costs for Australian consumers and fuel inflation
Australia’s Prime Minister (PM) Albanese said on Wednesday that “retaliatory measures would only increase costs for Australian consumers and fuel inflation.” PM Albanese confirmed that “Australia will not impose reciprocal tariffs on the United States (US).” His comments come after US President Donald Trump proceeded with 25% tariffs on all imported steel and aluminium.
Australia
TradeWar
UnitedStates
AUDUSD
Australia rules out retaliatory tariffs after Trump moves forward with steel duties
Australia rules out retaliatory tariffs after Trump moves forward with steel duties
Australian Prime Minister Albanese said retaliatory measures would only increase costs for Australian consumers and fuel inflation.
Politics
AUD
PBOC sets USD/CNY reference rate at 7.1696 vs. 7.1741 previous
PBOC sets USD/CNY reference rate at 7.1696 vs. 7.1741 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1696 as compared to the previous day's fix of 7.1741 and 7.2324 Reuters estimates.
USDCNY
PBOC
CentralBanks
Currencies
Australian Dollar depreciates as US Dollar gains ground amid market caution
Australian Dollar depreciates as US Dollar gains ground amid market caution
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Wednesday, weighed down by broad risk aversion.
AUDUSD
SEO
Macroeconomics
TradeWar
Australia
Japan firms set to offer strong wage hikes for third straight year
Japan firms set to offer strong wage hikes for third straight year
Japan’s largest companies are expected to offer substantial wage hikes for a third consecutive year, helping workers cope with inflation and retain staff amid labour shortages, per Reuters.
Japan
Macroeconomics
WTI recovers above $66.00 on softer US Dollar
WTI recovers above $66.00 on softer US Dollar
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.25 during the early Asian session on Wednesday.
Oil
WTI
Commodities
Macroeconomics
BoJ's Ueda: Higher long-term rates reflecting market views on economy
BoJ's Ueda: Higher long-term rates reflecting market views on economy
Bank of Japan Governor Kazuo Ueda said early Wednesday that it is natural for long-term rates to shift in line with the market view on the outlook for short-term policy rates.
BOJ
CentralBanks
InterestRate
Macroeconomics
Ukraine agrees to 30-day ceasefire if Russia accepts
Ukraine agrees to 30-day ceasefire if Russia accepts
Ukrainian President Volodymyr Zelensky said late Tuesday that Ukraine agreed to a 30-day ceasefire proposed by the United States if Russia accepts the plan, following critical peace talks between US and Ukrainian officials in Saudi Arabia, per CNN.
Ukraine
RussianFederation
Macroeconomics
UnitedStates
Canada warns of oil export restrictions amid escalating trade tensions with US
Canada warns of oil export restrictions amid escalating trade tensions with US
Canada’s Energy Minister Jonathan Wilkinson said late Tuesday that the country may impose non-tariff measures, including restrictions on oil exports to the United States if trade tensions with Washington escalate further.
Canada
UnitedStates
TradeWar
Macroeconomics
EUR/USD rises despite trade war risks as markets pivot to US CPI inflation data
EUR/USD rises despite trade war risks as markets pivot to US CPI inflation data
EUR/USD bidders found the gas pedal on Tuesday, bolstering Fiber further and sending the pair back into the 1.0950 level, albeit briefly.
EURUSD
TradeWar
CPI
Inflation
Houthi terrorists vow to resume attacks on Israeli ships
Houthi terrorists vow to resume attacks on Israeli ships
A Houthi spokesman said late Tuesday that they will attack any Israeli ship that violates the group's ban on Israeli ships passing through the Red and Arabian seas, the Bab al-Mandab Strait, and the Gulf of Aden, effective immediately.
MiddleEast
Macroeconomics
Japan’s Major Firms to Offer Strong Wage Hikes for Third Year
Japan’s Major Firms to Offer Strong Wage Hikes for Third Year
With Japan's inflation rate at its highest in two years, even hefty wage increases may only offset inflation rather than drive new spending.
GBP/USD shrugs off tariff fears as Pound continues to recover ground
GBP/USD shrugs off tariff fears as Pound continues to recover ground
GBP/USD extended its recent bullish rally on Tuesday, shrugging off ongoing trade war concerns that are weighing down American market centers.
GBPUSD
TradeWar
CPI
Inflation
USD/CAD loses ground below 1.4450 ahead of US CPI data, BoC rate decision
USD/CAD loses ground below 1.4450 ahead of US CPI data, BoC rate decision
The USD/CAD pair trades in negative territory around 1.4430 during the late American session on Tuesday.
USDCAD
Majors
Macroeconomics
Yemen's Houthi terrorists say they'll resume attacks on Israeli ships immediately
Yemen's Houthi terrorists say they'll resume attacks on Israeli ships immediately
Yemen's Houthis say they'll resume attacks on Israeli ships passing through the Red and Arabian seas, the Bab al-Mandab Strait, and the Gulf of Aden
USD/JPY Price Forecast: Rebounds from YTD lows, bulls target 148.00
USD/JPY Price Forecast: Rebounds from YTD lows, bulls target 148.00
The USD/JPY rises as trade tensions loom due to back-and-forth tariff rhetoric between Canada and the United States (US), which initially weighed on the US Dollar.
USDJPY
Currencies
Technical Analysis
NZD/USD Price Analysis: Kiwi defends key support but face resistance
NZD/USD Price Analysis: Kiwi defends key support but face resistance
The NZD/USD pair edged higher on Tuesday ahead of the Asian session, moving near the 0.5710 zone after rebounding from recent lows.
NZDUSD
Majors
Currencies
Technical Analysis
AUD/JPY Price Analysis: Bulls regain ground but downside risks persist
AUD/JPY Price Analysis: Bulls regain ground but downside risks persist
The AUD/JPY pair bounced back on Tuesday ahead of the Asian session, moving near the 93.00 zone after declining for three consecutive sessions.
AUDJPY
Crosses
Currencies
Technical Analysis
Forexlive Americas FX news wrap 11 Mar: Tariff whack-a-mole sends markets up and down
Forexlive Americas FX news wrap 11 Mar: Tariff whack-a-mole sends markets up and down
Forex news for North American trading on Mar 11, 2025
Session wrap
Wrap Nth America
US to kick off global 25% tariff on all steel and aluminum imports on Wednesday
US to kick off global 25% tariff on all steel and aluminum imports on Wednesday
White House staff reaffirmed on Tuesday that a global 25% tariff on all steel and aluminum imported into the US would take effect on Wednesday, beginning at midnight Eastern Standard Time.
UnitedStates
TradeWar
Commodities
AUD/USD gains to near 0.6300 amid US Dollar weakness
AUD/USD gains to near 0.6300 amid US Dollar weakness
The AUD/USD pair rises to near 0.6300 as the US Dollar (USD) slides due to an uncertain United States (US) economic outlook.
AUDUSD
Majors
Currencies
TradeWar
Oil - private survey of inventory shows a headline crude oil build larger than expected
Oil - private survey of inventory shows a headline crude oil build larger than expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Economic calendar in Asia 12 March 2025 - a light one
Economic calendar in Asia 12 March 2025 - a light one
Some New Zealand, Korean and Japanese data
economic calendar
US stocks close lower in volatile session
US stocks close lower in volatile session
On-again off-again tariffs and potential peace accord leads to volatile conditions
Stocks
Trump trade adviser Navarro says will be no 50% Canada steel, aluminium tariffs tomorrow
Trump trade adviser Navarro says will be no 50% Canada steel, aluminium tariffs tomorrow
Tariff ping pong continues. And equities just looooovvvvvveeeeeeeeeee the uncertainty, right?
SPX
CAD
US President Donald Trump pivots on tariff threats in record time
US President Donald Trump pivots on tariff threats in record time
Within hours of his declaration via social media to impose a double tariff of 50% on Canadian steel and aluminum, US President Donald Trump has capitulated to pressures from both the market and within his cabinet, floating the suggestion that he may pivot away from his own double-tariff just hours after declaring his intent to double targeted tariffs on Canada on his Truth Social account.
UnitedStates
TradeWar
Canada