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USD Market News

Forex headlines assembled from multiple corroborating sources and updated as stories develop. Written by the FXC Newsdesk, method explained on how it works.

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Tuesday, Jul 7

21:16 story USD

NY Fed President Williams Expresses Optimism on Inflation Amid Energy Price Decline

Federal Reserve Bank of New York President John Williams stated that falling energy prices are expected to reduce overall inflation, affirming the current monetary policy stance. 17:18 story USD

US Retaliates Against Iran with Airstrikes and Sanctions, Oil Prices Surge Further

Geopolitical tensions escalated as Iran reportedly attacked commercial vessels in the Strait of Hormuz, a critical oil transit chokepoint, leading to a notable surge in crude... 08:17 story EUR

ECB’s Panetta Highlights Fragile Eurozone Outlook Amid Dual Inflation and Growth Risks, Citing Geopolitical Energy Concerns

ECB Governing Council member Fabio Panetta warned of a fragile Eurozone outlook, citing coexisting upside inflation and downside growth risks, with geopolitical energy supply concerns contributing...

Monday, Jul 6

16:32 story USD

Fed’s Waller Emphasizes Flexible Approach to Forward Guidance

Federal Reserve Governor Christopher Waller discussed the utility and limitations of forward guidance, stressing the need for flexibility in central bank communication.

Sunday, Jul 5

18:12 story USD

US Job Growth Slows Significantly in June as Payrolls Miss Expectations

The US economy added fewer jobs than anticipated in June, with nonfarm payrolls rising by just 57,000, while the unemployment rate fell due to a decline...