Forex News

Today's FXStreet Newswire

The latest news that can have the most noticeable market impact

19:15
June 16, 2021
Argentina Consumer Price Index (MoM): 3.3% (April) vs previous 4.1%
19:15
June 16, 2021
Powell speech: Not dismissing possibility inflation will stay high for longer than expected
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "There's a chance on the other side of this that inflation could…
19:15
June 16, 2021
Powell speech: Supply and demand in labor market to meet in coming months
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "We have had a slew of retirements and that may affect participation…
19:00
June 16, 2021
Powell speech: Would expect strong job creation in summer, going into fall
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "There may be a speed limit on how fast people can find new…
19:00
June 16, 2021
Powell speech: Fed forecasts for inflation in 2023 are consistent with our goals
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "Higher inflation coming from higher prices in sectors affected by reopening, which…
19:00
June 16, 2021
Powell speech: Near term discussion will be about path of asset purchases
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "Rate increases are not at all the focus of the committee right…
19:00
June 16, 2021
GBP/USD bears jump on Fed’s switch to hawkish on inflation risks, target 1.3980
GBP/USD is headed to target 1.4000 stops on hawkish Fed.  Fed is concerned that inflation could turn out to be higher and more persistent than they expect.  US Fed funds futures price in full rate hike by April 2023. All eyes currently turning to the Fed's chairman, Jerome Powell, speaking on a presser.  The bears…
19:00
June 16, 2021
Powell speech: Discussing lift off now would be highly premature
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "Not appropriate to lay out numbers that mean substantial further progress." "We…
19:00
June 16, 2021
Powell speech: Inflation expectations are at a good place right now
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within the target range of 0-0.25%, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is delivering his comments on the policy outlook. Key quotes "Broad range of longer-term inflation expectations have moved up; that's good." "Inflation…
19:00
June 16, 2021
USD/JPY rockets on stronger US dollar and higher yields after Fed’s decision
Yen tumbles versus the dollar but gains ground against other G10 currencies. DXY jumps to highest in two months above 91.00. Federal Reserve keeps rates unchanged, brings forward expectations of the first rate hike. The USD/JPY gained more than sixty pips since the FOMC statement was released. Recently it reached at 110.49, the highest level…