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US Treasury Secretary Bessent: Many Asian currencies track Yen now, including Won and Yuan
US Treasury Secretary Scott Bessent said that the weakness of the Japanese Yen (JPY) has contributed to Japan’s inflation problem and raised the risk of broader depreciation of Asian currencies, Bloomberg reported on Tuesday.Fxstreet
13 hours ago
US Secretary of State Rubio says US-Iran talks progress, deal could come "very shortly"
US Secretary of State Marco Rubio said there has been progress made in discussions with Iran and Oman on getting more ships through the Strait of Hormuz but no final deal has been achieved, the Guardian reported on Tuesday.
Fxstreet
13 hours ago
RBI set to keep interest rates unchanged as inflation risks persist
The Reserve Bank of India (RBI) is set to announce its bi-monthly monetary policy decision on Wednesday at 10:00 AM IST (04:30 GMT), another meeting coming at a time when uncertainty remains high over the duration and economic fallout of the ongoing Middle East conflict.Fxstreet
13 hours ago
Fed's Schmid: Tighter monetary policy required to bring inflation back to 2% target
Federal Reserve Bank of Kansas City President Jeff Schmid said on Wednesday that tighter monetary policy is needed to get inflation back to the 2% target. Schmid added that inflation is 'too high' and 'worrisome' and the current stance of Fed policy is not restrictive.Fxstreet
13 hours ago
Japan Labor Cash Earnings (YoY) meets forecasts (3.4%) in June
Fxstreet
14 hours ago
New Zealand’s Unemployment Rate climbs to 5.6% in Q2 vs. 5.4% expected
New Zealand’s Unemployment Rate rose to 5.6% in the second quarter (Q2) of 2026 from 5.3% in the first quarter, according to the official data released by Statistics New Zealand on Wednesday. The figure came in above the market consensus of 5.4%.
Fxstreet
15 hours ago
New Zealand Unemployment Rate above forecasts (5.4%) in 2Q: Actual (5.6%)
Fxstreet
15 hours ago
Vietnam Dong: Stable despite widening trade deficit – Commerzbank
Commerzbank analysts note that Vietnam’s July inflation eased to 4.5% year-on-year, keeping the average near the 4.5% target, while the trade deficit widened to USD 3.6 billion on strong import growth driven by energy and capital goods.Fxstreet
17 hours ago
Fed's Paulson: Underlying inflation is too high
Anna Paulson, President of the Federal Reserve (Fed) Bank of Philadelphia, said in an interview with CNBC on Tuesday that underlying inflation remains too high and that monetary policy needs to stay mildly restrictive, adding that the current environment likely meets that description.Fxstreet
23 hours ago
United States: Growth impulse questioned – Standard Chartered
Standard Chartered analysts Dan Pan and Steve Englander discuss the Federal Reserve’s Financial Conditions Impulse on Growth (FCI-G) index, noting it was highly accommodative in May 2026 and still supportive after the July FOMC.Fxstreet
23 hours ago
United States JOLTS Job Openings decline to 7.35 million in June
The number of job openings stood at 7.359 million in June, the US Bureau of Labor Statistics reported on Tuesday. This print followed the 7.537 million openings reported in May and came in slightly below the market expectation of 7.4 million.Fxstreet
23 hours ago
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