FXC Terminal

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.

Updated 5 hours ago
Sydney Tokyo London New York
7stories, 24h 31vetted sources Economic calendarnext high impact
Wednesday, Sep 30
06:45 Event recap GBP

GDP q/q (GBP) comes in at 0.5% against 0.4% consensus

The UK's latest GDP q/q data showed a **0.5%** increase, surpassing the **0.4%** consensus. The British Pound saw varied reactions against major currencies in the initial...
06:45 Event recap GBP

Business Investment q/q comes in at 1.8% against 1.7% consensus

UK Business Investment for the quarter exceeded expectations, printing at 1.8% versus a 1.7% consensus. The British Pound saw varied initial reactions against major currencies.
06:45 Event recap GBP

GDP y/y comes in at 1.4% against 1.2% consensus

The UK's annual GDP growth was reported at 1.4%, exceeding the 1.2% consensus. Initial market reaction saw varied movements in GBP pairs.
06:45 Event recap GBP

Current Account (GBP) comes in at -19.932B against -22.16B consensus

The UK's Current Account deficit was reported at -19.932 billion pounds, narrower than the -22.16 billion pounds consensus. Initial market reaction saw varied moves for the...
06:02 Event preview USD

EIA Crude Oil Stocks Change preview: Market expects a draw of 0.701M barrels

The upcoming EIA Crude Oil Stocks Change report is set for release on September 30, 2026, with market consensus anticipating a draw of 0.701M barrels. This...
06:02 Event preview USD

GDP Sales q/q preview: Market expects 2.2% growth

The upcoming US GDP Sales q/q release is set for September 30, 2026. Market consensus anticipates a 2.2% increase, matching the previous reading.
06:01 Event preview USD

US GDP q/q preview: Consensus matches previous reading

The US GDP q/q release is set for September 30, 2026, with market consensus at 1.5%, matching the prior reading. This high-impact event often leads to...
06:01 Event preview USD

US Core PCE Price Index m/m preview: Consensus expects 0.3%

The upcoming US Core PCE Price Index m/m release is a high-impact event for USD pairs. Market consensus anticipates a **0.3%** increase, up from the previous...
06:00 Event preview USD

Core PCE Price Index y/y preview: Consensus matches previous reading

The US Core PCE Price Index y/y is due, with consensus at 3.3% matching the prior month. This high-impact inflation gauge historically moves major FX pairs.
04:02 story AUD

Australia’s August CPI Rises to 4.0% YoY, but Softer Trimmed Mean Cools RBA Hike Bets, Weighing on AUD

Australian inflation accelerated in August, with the headline Consumer Price Index reaching **4.0%** year-over-year, yet a softer monthly trimmed mean reading eased expectations for a November...
03:02 story AUD

China’s September PMIs Return to Expansion Territory, Official Manufacturing at 50.1

China's manufacturing and non-manufacturing PMIs both moved back into expansion territory in September, signaling a modest uptick in economic activity ahead of a national holiday.
03:02 story JPY

Japanese PM Takaichi Addresses Yen Weakness, US Intervention Amid Market Caution

Japanese currency officials, including top diplomat Mimura and Finance Minister Katayama, have intensified warnings against Yen weakness, emphasizing coordination with the US Treasury, leading to JPY...
02:00 Event recap CNY

China Composite PMI Rises to 50.7

China's Composite PMI increased to 50.7 from its previous reading. USDCNH saw a limited reaction compared to historical moves.
02:00 Event recap CNY

China Non-Manufacturing PMI comes in at 50.2 against 49.4 consensus

China's Non-Manufacturing PMI was released at 50.2, exceeding the 49.4 consensus. USDCNH saw a one-hour move of -22 pips.
02:00 Event recap CNY

Manufacturing PMI (CNY) comes in at 50.1 against 50.2 consensus

China's Manufacturing PMI for September 2026 printed at 50.1, slightly below the 50.2 consensus. USDCNH saw a 1-hour move of -22 pips.
02:00 Event recap AUD

Building Approvals m/m (AUD) comes in at -6.1% against 3.6% consensus

Australian Building Approvals for September fell to -6.1%, significantly missing the 3.6% consensus. The Australian dollar weakened across major pairs following the release.
Tuesday, Sep 29
23:02 story CNY

Asian Markets React to Fluctuating Oil Prices and US-Iran Diplomatic Uncertainty

Asian equities experienced varied performance this week, influenced by shifting crude oil prices, US bond yields, and evolving diplomatic efforts surrounding the US-Iran conflict.
18:47 story USD

St. Louis Fed’s Musalem Emphasizes Clear Communication for Effective Monetary Policy

**St. Louis Fed President Alberto Musalem** recently highlighted the critical role of a transparent communication framework for the **Federal Reserve**, aiming to enhance policy transmission and...
18:32 story USD

New York Fed’s Williams Sees No Urgency for Another Rate Hike, Citing Easing Inflation Shocks

New York Fed President John Williams has indicated **no immediate urgency for further rate hikes**, stating that the worst inflation shocks have passed and inflation should...
17:32 story EUR

Euro Falls to Multi-Month Lows Against Strong Dollar Amid Divergent Central Bank Outlooks and Upbeat US Data

The Euro extended its losses to new multi-month lows against the US Dollar on Wednesday, driven by dovish remarks from ECB President Christine Lagarde that dampened...