News
South Korea’s producer prices rose 0.6% month-on-month in February, indicating higher costs for domestic producers
9+ hour, 38+ min ago (311+ words) South Korea's Producer Price Index rose by 0.6% month on month in February. The 0.6% monthly rise in South Korea's producer prices for February is a clear signal of persistent inflation. This unexpectedly strong data suggests that cost pressures are building for…...
Improved risk appetite lifts NZD/USD to about 0.5860, while the US Dollar trades sideways in consolidation
9+ hour, 8+ min ago (447+ words) NZD/USD traded near 0.5860 in early Asian hours, after giving back almost half of its intraday rise late in the US session. The pair was last noted around 0.5856 on the 4-hour chart. Risk appetite improved after Donald Trump indicated possible…...
Mortgage Rates and the Fed: What Traders and Borrowers Should Watch in 2026
1+ day, 3+ hour ago (623+ words) Accelerate your IB Growth Mortgage rates are often misunderstood as being directly controlled by the Federal Reserve. In practice, the relationship is indirect and mediated through financial markets. As of early 2026, the average US 30-year fixed mortgage rate has been…...
Sterling surges against a weakening Dollar after Trump delays Iran strikes, citing productive talks easing tensions
11+ hour, 8+ min ago (324+ words) The Pound Sterling rose against the US Dollar on Monday after US President Donald Trump delayed further military action against Iran. He said talks between the two countries were productive and could help end hostilities in the Middle East. At…...
Geopolitical easing weakens the US dollar, sending USD/JPY down 0.40% to around 158.60, after 158.25
15+ hour, 10+ min ago (262+ words) USD/JPY fell 0.40% on Monday and traded near 158.60 at the time of writing. It dropped from about 159.60 to an intraday low near 158.25 as the US Dollar weakened. The fall followed US President Donald Trump's announcement that possible military strikes on…...
Chicago Fed President Austan Goolsbee told CNBC rates might fall by late 2026 amid heightened uncertainty
18+ hour, 8+ min ago (280+ words) Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said on CNBC on Monday that the Fed is facing an intense period with a lot at stake. He said inflation has, at best, stalled, and the Fed is waiting…...
With Middle East conflict boosting safe-haven demand, the firmer US dollar lifts USD/JPY towards 160.00
1+ day, 38+ min ago (437+ words) USD/JPY rose 0.22% to about 159.60 in the European session on Monday, as the US Dollar strengthened on demand for safe-haven assets amid the Middle East war. The US Dollar Index (DXY) was up 0.33% near 99.85. Tensions grew as Iran said it…...
During early European trade, GBP/USD slides towards 1.3315 as the US Dollar strengthens ahead of PMI data
1+ day, 1+ hour ago (361+ words) Sterling fell against the US Dollar on Monday, with GBP/USD trading around 1.3315 in early Europe after touching about 1.3335 in Asia and near 1.3320 earlier. UK and US preliminary PMI data is due on Tuesday. Middle East fighting lifted Brent crude…...
USD/CHF falls to around 0.7870, down 0.12%, as a softer dollar follows eased Middle East tensions
10+ hour, 38+ min ago (253+ words) USD/CHF fell to about 0.7870 on Monday and was down 0.12% at the time of writing. The drop followed a weaker US Dollar after tensions in the Middle East eased for now. US President Donald Trump ordered a five-day delay of…...
NZD/USD rises to about 0.5850, gaining 0.24%, as easing geopolitical tensions weaken the US Dollar
11+ hour, 45+ min ago (324+ words) NZD/USD traded near 0.5850 on Monday at the time of writing, up 0.24% on the day. It rose as the US Dollar weakened, with the US Dollar Index near 99.40 after an earlier drop. The US move followed US President Donald Trump…...