Forex breaking news
Here are some recent breaking news stories related to the foreign exchange market:
USD/JPY Plunges to 15-Month Low
The US dollar has fallen to a 15-month low against the Japanese yen, with the USD/JPY pair dropping to 105.50. The move comes as investors seek safe-haven assets amid growing concerns over the global economy.
EUR/USD Rallies to 1.25
The euro has surged to a 1.25 against the US dollar, its highest level in over a year. The move is attributed to a combination of factors, including a weaker dollar and improving economic data from the eurozone.
BOJ Holds Interest Rates Steady
The Bank of Japan has kept its interest rates unchanged, despite growing pressure to ease monetary policy. The decision comes as the country's economy shows signs of slowing down.
UK GDP Growth Slows
The UK's gross domestic product (GDP) has grown at its slowest pace in over a year, according to data released by the Office for National Statistics. The slowdown is attributed to a decline in consumer spending and a decline in business investment.
China's Trade Surplus Widens
China's trade surplus has widened to a record high, according to data released by the General Administration of Customs. The move is attributed to a decline in imports and a surge in exports.
ECB to Keep Interest Rates Unchanged
The European Central Bank has announced that it will keep interest rates unchanged, despite growing pressure to ease monetary policy. The decision comes as the eurozone economy shows signs of slowing down.
USD/CAD Falls to 1.30
The US dollar has fallen to a 1.30 against the Canadian dollar, its lowest level in over a year. The move is attributed to a decline in oil prices and a surge in Canadian economic data.
Swiss Franc Strengthens
The Swiss franc has strengthened against the US dollar, with the USD/CHF pair falling to 0.95. The move is attributed to a decline in global risk appetite and a surge in demand for safe-haven assets.
Australian Dollar Falls to 12-Month Low
The Australian dollar has fallen to a 12-month low against the US dollar, with the AUD/USD pair dropping to 0.65. The move is attributed to a decline in commodity prices and a surge in US dollar demand.
These are just a few examples of breaking news stories related to the foreign exchange market. The forex market is constantly changing, so it's essential to stay up-to-date with the latest news and analysis to make informed trading decisions.