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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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Thursday, Aug 6
02:17 story AUD

Australian Trade Balance Swings to Surprise Surplus in June, Exceeding Forecasts

Australia's trade balance unexpectedly posted a surplus of A$1.929 billion in June, driven by a significant rebound in exports and a slight decline in imports, leading...
02:02 story USD

US Administration Refunds $100 Billion in Struck-Down Tariffs

The U.S. administration has refunded approximately $100 billion in 'Liberation Day' tariffs, representing about 60% of the total collected.
00:01 story IRR

Iran-Oman Strait of Hormuz Plan Reportedly Bars US, Israeli Ships; Compensation Demanded

New details emerge on the proposed Iran-Oman shipping framework for the Strait of Hormuz, indicating specific prohibitions for US and Israeli vessels, and demands for compensation...
Wednesday, Aug 5
20:46 story USD

Fed Governor Cook Signals Readiness for Rate Hike Amid Persistent Inflation Concerns

Federal Reserve Governor Lisa Cook indicated readiness to raise interest rates if inflation does not cool, contributing to a hawkish sentiment among some Fed officials.
15:32 story USD

US Services Sector Expands Marginally in July, Missing Forecasts Amid Hiring Concerns

The U.S. services sector saw a slight expansion in July, with the ISM Services PMI rising to **54.1**, though this figure fell short of market expectations.
15:17 story USD

Minneapolis Fed’s Kashkari Advocates Gradual Rate Hikes to Combat Inflation

Minneapolis Federal Reserve President Neel Kashkari called for immediate, gradual interest rate increases to address persistent inflation, suggesting a potential start in September.
12:32 story USD

US Private Sector Job Growth Slows Considerably in July, ADP Reports

The US private sector added significantly fewer jobs than expected in July, signaling a notable slowdown in hiring momentum.
10:48 story CZK

Czech Inflation Accelerates to 1.7% in July, Reinforcing Rate Hold Expectations

Czech Republic's consumer price inflation rose to 1.7% in July, aligning with market expectations and strengthening views that the central bank will keep rates on hold.
00:46 story USD

Kansas City Fed President Schmid Calls for Tighter Policy Amid Persistent Inflation Concerns

Federal Reserve Bank of Kansas City President Jeff Schmid stated that tighter monetary policy is necessary to achieve the Fed's 2% inflation target, viewing current policy...
00:31 story INR

RBI Holds Benchmark Rate at 5.25% for Fifth Consecutive Review Amidst Inflation Watch

The Reserve Bank of India (RBI) has confirmed market expectations by maintaining its benchmark interest rate at **5.25%** for the **fifth consecutive review**. The central bank...
Tuesday, Aug 4
23:01 story NZD

New Zealand’s Q2 Unemployment Rate Rises Above Forecast, Employment Growth Stronger

New Zealand's unemployment rate climbed to **5.6%** in the second quarter, exceeding expectations, while employment change and wage growth also surprised to the upside.
16:47 story USD

US JOLTS Job Openings Decline to 7.359 Million in June, Miss Forecasts

US job openings fell to **7.359 million** in June, coming in below market expectations and the previous month's figure, signaling a potential cooling in the labor...
13:03 story USD

U.S. Trade Deficit Narrows to $73.3 Billion in June Amid Declining Imports

The U.S. trade deficit decreased to **$73.3 billion** in June, driven by a larger fall in imports than exports, though it remained slightly wider than economist...
12:47 story CNY

US Treasury Secretary Bessent and President Trump Intervene to Stabilize Yen Amid Broader Asian Currency Depreciation Risks

US Treasury Secretary Scott Bessent and President Trump have reportedly intervened in the foreign exchange market to stabilize the Japanese Yen, in what is described as...
07:17 story AUD

Australia’s Household Spending Exceeds Forecasts in June, Bolstering RBA Tightening Case

Australian household spending rose significantly in June, surpassing expectations and indicating resilient consumer demand ahead of the Reserve Bank of Australia's upcoming policy meeting.
06:02 story CHF

Swiss Annual Inflation Cools to Four-Month Low in July, Weighing on Franc

Switzerland's annual consumer price inflation eased to **0.4%** in **July**, marking a **four-month low** and diverging from broader European trends, which has put pressure on the...
00:16 story USD

Fed Chairman Warsh Reportedly Considers Reducing Policy Meeting Frequency

Federal Reserve Chairman Kevin Warsh is reportedly weighing a reduction in the number of annual policy meetings, a move that could reshape market expectations for monetary...
Monday, Aug 3
12:48 story JPY

US and Japan Confirm Coordinated Yen Intervention, Signal Further Action

The United States and Japan confirmed their first coordinated yen-buying operation since **1998**, aiming to counter the Japanese currency's multi-decade weakness and prevent broader economic risks....
11:47 story TRY

Turkey’s Annual Inflation Moderates in July, Core Pressures Persist

Turkish annual inflation eased for the second consecutive month in July, reaching its lowest level in four months, though underlying core inflation showed an uptick.
11:02 story USD

NY Fed President Williams Confident in Inflation Path, Policy Flexibility

New York Fed President John Williams expressed confidence in inflation returning to the central bank's 2% target, affirming current policy is 'well positioned' while acknowledging market...