The new UK PM Andy Burnham and his surprise Chancellor are already cutting taxes to boost the UK economy, but how will the pound and gilts react to the political turmoil? FOREX.com's Global Head of Research Matt Weller breaks down the key news you ...

Reports that the US is gearing up for a wider war in Iran conflict with headlines about a 10-day pause on strikes, but the market's reaction shows you which way traders are leaning. Meanwhile, Canadian CPI came in below expectations at 2.8% y/y. ...

US PPI came in at -0.3% m/m (5.5% y/y), confirming declining inflation in June, but traders may want to be skeptical that it will continue through the summer. Meanwhile, USD/CAD has broken down below support with the BOC as a major catalyst. ...

The highly-anticipated US CPI report came in well below expectations at -0.4% m/m (3.5% y/y), with Core CPI at 0.0% m/m (2.6% y/y). Is that print alone enough to buy the Fed time to push back any rate hikes until the fall? FOREX.com's Global Head of ...

Markets are taking the weekend escalation in Iran in stride as they look ahead to tomorrow's US CPI report, with economists forecasting a (temporary?) dip in inflation. FOREX.com's Global Head of Research Matt Weller breaks down the key news you ...

Japan has proposed a plan to have its massive pension funds invest more in domestic markets - will it be enough to fix the yen's selloff? Elsewhere, traders are digesting the potential for US-Iran nuclear talks and another strong Canadian jobs ...

President Trump claims Iran called him and wants to "make a deal badly," signaling a reluctance to re-escalate the conflict after yesterday's tough talk. Separately, initial jobless claims fell again, though continuing claims edged up to 3-month ...

President Trump has declared the MoU with Iran over and called the Iranians "sick people," leading to a spike in oil prices on Hormuz fears. Separately, traders are eagerly awaiting the FOMC minutes for insight into how central bankers are viewing ...

The IRGC fired on a Singapore-flagged cargo ship, but markets are shrugging off concerns about the Strait of Hormuz, with oil falling -9% on the week to erase its war gains. FOREX.com's Global Head of Research Matt Weller breaks down the key news ...

With USD/JPY testing 40-year highs at 162.00, 90%+ of FOREX.com traders are positioned short, likely anticipating intervention from the Bank of Japan and Ministry of Finance if it rises further. What could happen if we don't see imminent ...

It's poised to be a volatile day as Eurozone and UK PMIs both show economic contractions while technology stocks get dumped across the globe. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US ...

UK PM Starmer announced his resignation, clearing the way for Andy Burnham, but UK markets are taking the political turmoil in stride, with the pound topping relative strength charts to start the US session. FOREX.com's Global Head of Research Matt ...

Markets are digesting yesterday's hawkish Fed meeting, driving the US dollar to 13-month highs and looking ahead to the potential for political uncertainty in the UK over the weekend, with big implications for Cable. FOREX.com's Global Head of ...

US Retail Sales beat expectations for the 4th time in the last 5 months at 0.8% m/m, showing a strong US consumer ahead of Chairman Warsh's first FOMC meeting this afternoon. FOREX.com's Global Head of Research Matt Weller breaks down the key news ...

Kevin Warsh is poised to chair his first FOMC meeting, but the focus will be more on whether the statement retains its easing bias and what he says about how the Fed will operate moving forward than any immediate interest rate changes. FOREX.com's ...

The US and Iran have reached an agreement to end the war for at least 60 days, prompting a big move in risk appetite as traders look ahead to a big week for central banks, including the BOJ and RBA tonight. FOREX.com's Global Head of Research Matt ...

Signs point to a potential imminent peace deal in Iran (and reopening of the Strait of Hormuz), but could we still see it fall through? Elsewhere, traders are eagerly anticipating a pop on SpaceX's IPO day. FOREX.com's Global Head of Research Matt ...

US CPI came in near expectations at 0.5% m/m (4.2%) to hit its highest level in 3+ years, while President Trump loses patience with Iran, vowing that it must "pay the price" for "taking too long" in negotiations. FOREX.com's Global Head of Research ...

Markets are skeptical of Trump's claim that the US is in "final negotiations" to end the war, turning instead to tomorrow's NFP report for a read on the US jobs market after soft initial claims and Challenger job cuts data. FOREX.com's Global Head ...

The US and Iran exchanged "peace keeping" military strikes and tariffs look likely to continue undisrupted, driving the US dollar to the top of the currency relative strength charts today. FOREX.com's Global Head of Research Matt Weller breaks down ...