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FXStreet is made up of a team of approximately 60 people, 30 of them working from the head office in Barcelona. The rest of the staff is working from around the world.
South Korea Industrial Output (YoY): 3.6% (July) vs previous 5.8%
Sun, Aug 30
South Korea Service Sector Output: -1.3% (July) vs previous 0.7%
Sun, Aug 30
US military strikes Iranian rocket launchers in first attack in week
US Central Command (CENTCOM) struck Iranian rocket launchers that were preparing to send mines into the Strait of Hormuz, following weeks of relative calm, Bloomberg reported on Sunday.
Sun, Aug 30
Ethereum Weekly Price Forecast: Profit-taking slows rally as network activity lags
Ethereum (ETH) has held firmly above $2,400 and traded near $2,500 this week after a sharp rally last week. However, upward momentum has slowed as investors appear to be taking profits after ETH moved above its average on-chain cost basis.
Sat, Aug 29
Solana community narrowly approves double disinflation proposal in dramatic governance vote
The Solana (SOL) community on Friday approved a proposal to accelerate the reduction of SOL token issuance.
Sat, Aug 29
South Korean Won: BoK tightening supports KRW against US Dollar – Commerzbank
Commerzbank’s Charlie Lay reports that the Bank of Korea (BoK) delivered a second consecutive 25 bp hike to 3.0% and kept a tightening bias, supporting KRW after its sharp appreciation since June.
Fri, Aug 28
Vietnam: Exports and consumption stay robust – DBS
DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand.
Fri, Aug 28
South Korean Won: BoK front-loading hikes as KRW consolidates – Commerzbank
Commerzbank’s Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as growth and core inflation forecasts rise. The bank signals one more hike over six months but may pause to assess effects.
Fri, Aug 28
Philippine Peso: BSP tightening bias on inflation risks – DBS
DBS Group Research economists Radhika Rao and Chua Han Teng note that Bangko Sentral ng Pilipinas (BSP) raised its policy rate by 25 bps to 5.0% to anchor inflation expectations and support the Peso.
Fri, Aug 28
South Korean Won: Higher rates and chip boom support gains – ING
ING’s Chris Turner reports that the Korean Won (KRW) continues to advance, driven by back-to-back Bank of Korea (BoK) rate hikes to 3.00% and a Dot Plot pointing to 3.25% in six months.
Fri, Aug 28
Malaysian Ringgit: BNM seen on steady policy path – DBS
DBS Group strategists Taimur Baig and Nathan Chow expect Bank Negara Malaysia (BNM) to keep its Overnight Policy Rate unchanged at 2.75% on September 3, maintaining the stance adopted after its July 2025 insurance cut.
Fri, Aug 28
Mexican Peso tumbles as Warsh embarks on inflation fight
The Mexican Peso depreciates against the US Dollar on Friday, down by over 0.42% on hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole Symposium. This prompted investors to price in a potential rate hike in 2026, a tailwind for the Greenback.
Fri, Aug 28
XRP treasury Evernorth pushes for Nasdaq debut as SEC clears registration for Armada merger
XRP treasury firm Evernorth Holdings has moved a step closer to becoming a publicly traded company after the US Securities and Exchange Commission (SEC) declared a registration statement tied to its proposed business combination with Armada Acquisition Corp. II effective.
Fri, Aug 28
Chinese Yuan: Undervaluation and export gains questioned – Commerzbank
Commerzbank’s Volkmar Baur challenges recent internal analysis on CNY undervaluation and exports, arguing that China’s exchange-rate management and gold purchases point to deliberate weakening.
Fri, Aug 28
United Kingdom CFTC GBP NC Net Positions rose from previous £-54.6K to £-44.5K
Fri, Aug 28
Japan CFTC JPY NC Net Positions fell from previous ¥-52.9K to ¥-63.3K
Fri, Aug 28
South Korean Won: Strong exports support KRW and KOSPI – DBS
DBS Group strategists Taimur Baig and Nathan Chow expect South Korea’s August exports to stay strong near 60% year-on-year, underpinning the outlook for the KOSPI and Korean Won (KRW) even as growth moderates from June’s peak.
Fri, Aug 28
BoE’s Bailey sees muted inflation effects, ahead of BoE's meeting
The Bank of England (BoE) Governor Andrew Bailey said that he doesn’t see significant second-round inflation effects in the UK, in an interview with Bloomberg TV at Jackson Hole.
Fri, Aug 28
ECB Kocher says Europe economy shows momentum, threats price stability
Martin Kocher, the Governor of the Austrian National Bank and member of the European Central Bank (ECB), said in an interview with Bloomberg that Europe’s economy shows more momentum.
Fri, Aug 28
Fed’s Goolsbee says inflation Is the main issue right now
The Chicago Fed President Austan Goolsbee commented on a CNBC interview at the Jackson Hole Symposium that he agreed with Fed Chair Kevin Warsh about the details of the economy, adding that “inflation is the Fed’s main issue right now.”
Fri, Aug 28
