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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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Wednesday, Jul 22
01:47 story JPY

Japan’s Finance Minister Katayama Reiterates Readiness for Currency Action, Affirms BoJ’s Policy Autonomy

Japanese Finance Minister Satsuki Katayama reaffirmed authorities' readiness to intervene in currency markets while emphasizing the Bank of Japan's independence on monetary policy.
Tuesday, Jul 21
10:32 story EUR

German ZEW Economic Sentiment Surges to Five-Month High in July, Eurozone Sentiment Also Improves

German ZEW Economic Sentiment rose sharply in July, exceeding forecasts and reaching a five-month high, while Eurozone sentiment also improved. The Euro showed limited immediate reaction.
10:02 story GBP

UK Unemployment Rate Holds Steady at 4.9% in May, Employment Rises Amid Data Caveats

The UK's unemployment rate remained unchanged at 4.9% in May, defying expectations for an increase, while employment saw a significant rise.
08:19 story GBP

UK PM Burnham Announces Energy Bill VAT Cut Amid Funding Controversy

UK Prime Minister Andy Burnham has announced a VAT cut on energy bills starting October 1, a move estimated to cost £850 million, though its funding...
00:17 story CAD

US Imposes **50%** Tariffs on Most Canadian Goods Over Trade Disputes

The United States announced **50%** tariffs on a range of Canadian imports, effective **August 19**, citing alleged trade discrimination against American products.
Monday, Jul 20
23:16 story NZD

New Zealand Q2 CPI Exceeds Forecasts, Reaching 4.1% Annually

New Zealand's Consumer Price Index for the second quarter surpassed market expectations, with annual inflation accelerating to 4.1% driven by fuel costs. This data reinforces the...
22:31 story USD

Cleveland Fed President Hammack Highlights Persistent Inflation Risks, Fuels Hawkish Outlook

Federal Reserve Bank of Cleveland President Beth Hammack expressed strong concerns over persistent inflation, hinting at a potentially hawkish stance for the upcoming FOMC meeting.
06:17 story EUR

US and German Producer Prices Decline More Than Expected in June, Signaling Easing Inflationary Pressures

Producer price indices in both the United States and Germany registered larger-than-forecast declines in June, driven by abating pipeline costs and falling energy prices respectively.
Friday, Jul 17
13:32 story USD

US June Import Prices Unexpectedly Rise 0.3%, Driven by Non-Energy Goods

United States import prices unexpectedly advanced by 0.3% in June, defying economists' expectations for a decline, with non-energy goods and imports from China contributing significantly.
13:03 story USD

US Housing Starts Surge in June, Exceeding Forecasts with Strong Rebound

US housing starts experienced a significant rebound in June, surpassing market expectations and indicating resilience in the construction sector.
08:49 story JPY

BoJ Expected to Raise 2026 Growth Forecast, Maintain Rates and Hawkish Stance in July

The Bank of Japan is anticipated to revise its fiscal 2026 economic growth outlook upwards in its July quarterly report, while maintaining current interest rates and...
00:17 story USD

Fed Vice Chair Jefferson Affirms Current Policy Stance, Signals Flexibility on Inflation

Federal Reserve Vice Chair Philip Jefferson stated current policy is 'well positioned' but could be reconsidered if inflation does not cool towards the 2% target.
Thursday, Jul 16
14:02 story USD

US Retail Sales Rise 0.2% in June, Matching Expectations Amid Mixed Sector Performance

United States retail sales increased by 0.2% month-over-month in June, aligning with market forecasts, as strong internet and auto sales offset declines in gasoline station receipts.
12:47 story USD

US Initial Jobless Claims Decline to 208,000, Surpassing Forecasts

First-time applications for U.S. unemployment benefits unexpectedly fell to 208,000 last week, significantly below economists' expectations and signaling continued labor market stability.
07:33 story GBP

UK Economy Grows 0.1% in May, Offsetting April Decline Amid Resilience

The UK economy expanded by **0.1%** in **May**, driven by the **services sector** and surpassing some analyst forecasts for a flat reading, demonstrating resilience despite geopolitical...
05:34 story BRL

US Imposes 25% Tariffs on Select Brazilian Imports Effective July 22

The United States will implement **25% tariffs** on certain Brazilian goods starting **July 22**, citing unfair trade practices following a yearlong investigation.
01:31 story KRW

Bank of Korea Raises Benchmark Rate to 2.75% Amid Inflation and Won Weakness

The Bank of Korea increased its benchmark interest rate by 25 basis points to 2.75% on Thursday, a move widely anticipated by analysts.
Wednesday, Jul 15
21:47 story CAD

Bank of Canada Holds Key Rate at 2.25% Amid Improving Economic Outlook and Fading Inflation

The Bank of Canada maintained its benchmark interest rate at 2.25% for the sixth consecutive meeting, citing signs of economic improvement and an expectation for inflation...
10:18 story EUR

Eurozone Industrial Production Unexpectedly Declines in May, Missing Forecasts

Eurozone industrial output unexpectedly contracted by **0.2%** in **May**, falling short of market expectations and showing a broader slowdown in the region's manufacturing sector. The **Euro**...
08:17 story EUR

U.S.-Iran Tensions Escalate, Driving Oil Higher Amid Mixed Market Reactions

Geopolitical tensions between the U.S. and Iran intensified with military strikes and economic measures, leading to significant oil price surges and varied reactions across global equity...