story Archives - Page 2 of 19 - ForexCracked
FXC Terminal

Story

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

Updated 50 minutes ago
Sydney Tokyo London New York
21stories, 24h 31vetted sources Economic calendarnext high impact
Friday, Oct 9
14:32 story USD

US Consumer Sentiment Declines Sharply in October, Inflation Expectations Rise

The University of Michigan's preliminary Consumer Sentiment Index for October fell more than expected, reaching a multi-decade low, while inflation expectations increased.
13:47 story USD

Delta Air Lines Trims Profit Outlook Amid High Fuel Costs Despite Robust Demand

Delta Air Lines revised its future earnings forecasts downward, citing persistent high fuel prices, even as the company and analysts confirm strong travel demand. The news...
12:02 story AUD

Nvidia-Backed Firmus Withdraws Australian IPO Amid Market Volatility and Valuation Concerns

Nvidia-backed Firmus Grid Ltd., an Australian AI data center operator, has withdrawn its planned initial public offering on the ASX, citing market volatility and valuation concerns....
07:17 story CNY

PBoC Reaffirms Yuan Policy, Rejects Devaluation Amid Currency Strength

The People's Bank of China reiterated its commitment to market-determined exchange rates for the Chinese Yuan, dismissing competitive devaluation. This stance coincided with the Yuan reaching...
05:48 story JPY

Japan Household Spending Falls Ninth Consecutive Month, Impact on BoJ Policy Limited

Japan's household spending declined for the ninth consecutive month in August, though the drop was smaller than anticipated. This mixed data is unlikely to significantly alter...
Thursday, Oct 8
19:48 story TWD

Taiwan’s Trade Surplus Reaches Record **US$23.6 Billion** in September, TWD Remains Stable

Taiwan reported an all-time high trade surplus of **US$23.6 billion** in September, driven by a significant surge in tech exports, yet the **Taiwan Dollar** maintained relative...
18:47 story USD

Fed’s Musalem Signals Need for Further Rate Hikes Amid Elevated Inflation

St. Louis Fed President Alberto Musalem stated that further monetary policy tightening is required to bring inflation back to the central bank's 2% target, suggesting rate...
17:17 story USD

US Treasury’s $22 Billion 30-Year Bond Auction Attracts Above-Average Demand

The US Treasury successfully auctioned **$22 billion** in **30-year bonds** on **Thursday**, attracting robust demand despite high yields.
13:33 story USD

US Initial Jobless Claims Decline to 197,000, Below Expectations

US initial jobless claims fell to 197,000 for the week ending October 3, marking the fourth consecutive week below 200,000 and surprising economists.
12:47 story USD

US Initial Jobless Claims Fall to Multi-Month Low, Continuing Claims Show Mixed Picture

US initial jobless claims unexpectedly declined to 197,000, the lowest since July, indicating limited layoffs, though continuing claims were higher than anticipated.
09:34 story USD

Fed’s Waller Signals Further Rate Hikes with Flexible Pace Amid Persistent Inflation

Federal Reserve Governor Christopher Waller indicated that additional interest rate increases are likely necessary to combat high inflation, while emphasizing flexibility regarding the timing of these...
05:47 story CNY

UK Considers Tariffs on Chinese EVs Amid EU Alignment Efforts

The United Kingdom is reportedly preparing to impose tariffs on Chinese electric vehicle imports, aligning with the European Union's push for trade protection.
Wednesday, Oct 7
18:32 story USD

FOMC Minutes Indicate Most Officials Expect Another Rate Hike by Year-End Amid Inflation Concerns

Minutes from the Federal Reserve's September meeting reveal most officials anticipate an additional interest rate increase by year-end, driven by persistent inflation and a robust labor...
17:47 story USD

US Treasury Auctions See Mixed Demand, 10-Year Notes Attract Strong Bids

The U.S. Treasury completed auctions for 3-year and 10-year notes this week, with the 10-year sale drawing robust demand amidst high yields.
15:32 story USD

US Short-Term Inflation Expectations Rise to Multi-Year High in NY Fed Survey

The New York Federal Reserve's latest Survey of Consumer Expectations revealed a notable increase in short-term inflation outlooks for US households, reaching levels not seen since...
10:17 story EUR

IMF Chief Georgieva Warns of Global Debt, AI, and Energy Risks Ahead of Annual Meetings

IMF Managing Director Kristalina Georgieva has urged global governments to address a 'risk cocktail' of challenges, including record debt levels and the dual nature of AI,...
02:02 story INR

RBI Poised for First Rate Hike in Nearly Four Years Amid Inflation and Rupee Pressure

India's central bank is widely expected to raise its key interest rate on Wednesday, marking its first hike in almost four years, as it confronts persistent...
Tuesday, Oct 6
23:32 story AUD

Australian Consumer Sentiment Falls Sharply in October Following RBA Hike

Australian consumer confidence experienced a notable decline in October, primarily attributed to the Reserve Bank of Australia's recent interest rate increase and persistent fuel price pressures....
18:32 story USD

Kansas City Fed’s Schmid Emphasizes Unfinished Work on Inflation, Citing Credibility at Stake

Kansas City Federal Reserve President Jeffrey Schmid reiterated a hawkish stance on inflation, stating the central bank still has work to do to reach its 2%...
14:32 story USD

US Economic Data Prompts Traders to Scale Back October Fed Hike Expectations

Weaker-than-expected US jobs and inflation data have led market participants to significantly reduce bets on a Federal Reserve rate hike in October, causing the dollar to...