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 2 hours ago

Sydney Tokyo London New York

11stories, 24h 31vetted sources Economic calendarnext high impact

Type

All Story Event preview Event recap COT weekly Central bank watch

Currency

All USD EUR GBP JPY AUD CAD CHF NZD

Thursday, Aug 27

14:16 story USD

US Initial Jobless Claims Unexpectedly Decline to 203,000

New applications for US unemployment benefits fell more than anticipated last week, indicating continued resilience in the labor market. 12:31 story USD

Kansas City Fed President Schmid: Current Rates Not Restrictive, Inflation Remains Stubborn

Kansas City Federal Reserve President Jeff Schmid stated that current interest rates are not restraining the US economy, with inflation persisting above the central bank's **2%**... 10:01 story PHP

Bangko Sentral ng Pilipinas Raises Key Rate for Third Consecutive Meeting Amid Persistent Inflation

The Philippine central bank increased its benchmark interest rate by 25 basis points to 5.00% as expected, maintaining a hawkish stance to combat elevated inflation risks. 02:16 story AUD

China’s Industrial Profit Growth Slows to Seven-Month Low in July

China's industrial profits expanded at their slowest pace in seven months during July, marking a third consecutive month of deceleration amidst a cooling economy. 01:31 story KRW

Bank of Korea Raises Benchmark Rate to 3.00% in Second Consecutive Hike

The Bank of Korea increased its benchmark interest rate by **25 basis points** to **3.00%** on **Thursday**, marking its second consecutive hike to combat persistent inflation...

Wednesday, Aug 26

13:17 story USD

Fed Chair Warsh Delivers Hawkish Jackson Hole Address, Signaling Continued Fight Against Inflation

Federal Reserve Chair Kevin Warsh delivered a hawkish message at Jackson Hole, emphasizing that inflation is not meaningfully slowing and the Fed has "work to do"... 07:32 story USD

Iran and Oman Discuss Interim Framework for Strait of Hormuz Shipping

Iranian and Omani foreign ministers have discussed an interim framework to resume safe navigation through the Strait of Hormuz, aiming for a temporary joint maritime corridor.

Tuesday, Aug 25

16:32 story USD

Billionaire Investor Druckenmiller Criticizes US Treasury’s Bond Market Intervention

Stanley Druckenmiller, a prominent billionaire investor, has publicly criticized US Treasury Secretary Scott Bessent's strategy of expanding bond purchases to influence market yields. 16:03 story USD

US Consumer Confidence Falls to Seven-Month Low in August, Misses Expectations

US consumer confidence declined in August, reaching its lowest level in seven months and falling short of economists' forecasts. 08:02 story EUR

German Q2 GDP Growth Revised Upward, Driven by Robust Exports

Germany's economy expanded more than initially estimated in the second quarter, with official data showing an upward revision to GDP growth, primarily fueled by strong export...

Monday, Aug 24

20:01 story CAD

US President Trump Announces 50% Tariffs on Canadian Auto and Steel Imports

US President Donald Trump declared new **50%** tariffs on Canadian auto, truck, and steel imports, effective **January 1, 2027**, following a breakdown in trade talks. 13:17 story IRR

US Treasury Secretary Bessent to Detail Expanded Iran Sanctions Targeting Trade Partners

US Treasury Secretary Scott Bessent is scheduled to announce new sanctions against Iran and its economic partners on Monday, aiming to intensify economic pressure. 07:03 story SGD

Singapore’s July Inflation Accelerates to Near Two-Year High, Undershoots Forecasts

Singapore's consumer price index rose **2.2%** year-on-year in **July**, marking a near two-year high, though it fell short of economist expectations. 05:16 story USD

Jackson Hole Speech Puts Fed Chair Warsh in Spotlight on Inflation and Independence

Federal Reserve Chair Kevin Warsh is set to deliver his first Jackson Hole speech, with markets anticipating insights on inflation and central bank independence amidst heightened...

Sunday, Aug 23

17:31 story CAD

US-Canada Trade Negotiations Collapse, Triggering New Tariffs

Trade talks between the United States and Canada concluded without agreement on Friday, leading to the imposition of new tariffs by both nations.

Friday, Aug 21

21:46 story USD

Trump Announces Tariff Relief for Ground Beef Imports to Lower Consumer Prices

Former President Donald Trump announced a temporary waiver of tariffs on ground beef imports, aiming to reduce consumer prices amidst a shrinking U.S. cattle herd. 06:33 story GBP

UK Retail Sales Decline in July, Core Figures Miss Expectations

UK retail sales fell in July, with core figures showing a larger-than-expected decline, reversing a previous rebound in consumer spending. 00:16 story NZD

New Zealand’s July Trade Deficit Widens Sharply to NZ$1.9 Billion, Driven by Record Imports

New Zealand reported a significantly larger-than-expected trade deficit in July, reaching its widest point in nearly two years as imports surged to a record high, primarily...

Thursday, Aug 20

15:17 story USD

US Treasury Secretary Bessent Expands Bond Buybacks, Influencing Global Markets

US Treasury Secretary Scott Bessent announced an expansion of longer-dated bond buybacks, aiming to curb rising borrowing costs and impacting the US Dollar. 13:17 story USD

US Initial Jobless Claims Decline to 206,000, Signaling Tight Labor Market

New applications for US unemployment benefits fell more than expected last week, indicating sustained employer demand for workers despite a rise in continuing claims.