Forex Market News and Analysis

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Mon, 04 Aug 2025 03:30:05 GMT

Nippon cuts outlook

Nippon Steel cut its yearly forecast to a $266M loss from a $1.33B profit, partly due to costs from its $14.9B acquisition of U.S. Steel.

Fri, 01 Aug 2025 21:30:04 GMT

Nintendo's Switch 2 console in strong demand

Nintendo sold over 6 million Switch 2 units in 7 weeks since June launch, showing strong demand despite trade war challenges testing its supply chain.

Fri, 01 Aug 2025 18:30:04 GMT

Palantir seeks new deal with the U.S army

The U.S. Army is bundling contracts into a $10B, 10-year deal with Palantir for volume discounts, though it's not committed to new purchases yet.

Fri, 01 Aug 2025 15:30:04 GMT

U.S. job growth slows

U.S. job growth likely slowed in July, with unemployment rising to 4.2%, but inflation from tariffs may delay any Fed rate cuts despite weaker payroll gains.

Fri, 01 Aug 2025 13:30:04 GMT

EUR/USD Technical analysis

A key support level was recently established around 1.1450, where the RSI indicator became oversold, triggering a strong bounce higher. Despite the force of this rebound, the medium-term trend remains bearish as the price is still well below its key moving averages. The 100-period moving average, around 1.1638, will now act as a significant resistance level. The future direction will likely

Fri, 01 Aug 2025 12:30:06 GMT

Ferrari suffers big capital losses

Ferrari shares fell 12%, their biggest drop in 9 years, as it plans U.S. price cuts. Citi warns of risks to profits amid slower sales and pricing growth.

Fri, 01 Aug 2025 09:30:03 GMT

Amazon Reports Strong Earnings

Amazon's quarterly earnings surpassed expectations, driven by strong growth in its AWS cloud computing division and retail sales.

Fri, 01 Aug 2025 09:10:06 GMT

Ferrari races to the bottom, although results are strong

Ferrari N.V. announced strong preliminary unaudited results for the second quarter of 2025, reporting net revenues of Euro 1,787 million, a 4.4% increase from the prior year, and operating profit of Euro 552 million, up 8.1%. The company's net profit reached Euro 425 million and diluted earnings per share were Euro 2.38. CEO Benedetto Vigna highlighted the company's agility, disciplined

Fri, 01 Aug 2025 06:30:07 GMT

US Inflation Data Stirs Markets

New data shows a slight increase in the PCE index, the Fed's preferred inflation gauge, causing uncertainty about future interest rate decisions.

Fri, 01 Aug 2025 03:30:03 GMT

Ford Lowers EV Targets

Ford is scaling back its electric vehicle production targets for the year, citing slowing consumer demand and supply chain challenges for key components.

Thu, 31 Jul 2025 21:30:04 GMT

NVIDIA Stock Hits New High

NVIDIA's stock price reached an all-time high following positive analyst reports on its continued dominance in the AI chip market.

Thu, 31 Jul 2025 18:30:07 GMT

Microsoft Announces New AI Division

Microsoft is restructuring to create a new division focused solely on consumer AI products, signaling a deeper commitment to its AI strategy.

Thu, 31 Jul 2025 15:30:04 GMT

United Airlines flight attendants will not settle

United flight attendants rejected a deal with 26% raises, saying it didn't reflect their sacrifices. The union plans to survey members for better contract terms.

Thu, 31 Jul 2025 15:00:06 GMT

Microsoft ends the year strong

Microsoft reported strong results for the fourth quarter and full fiscal year 2025, driven by continued momentum in cloud and AI services. For the fourth quarter ended June 30, 2025, revenue reached $76.4 billion, an increase of 18% year-over-year (17% in constant currency). Operating income grew 23% to $34.3 billion, and net income was $27.2 billion, up 24%. Diluted earnings per

Thu, 31 Jul 2025 14:30:10 GMT

XAU/USD Technical analysis

Gold is moving sideways within a large trading range defined by strong support at the 3282.30 level and major resistance at 3422.42. Recently, the price dropped sharply to test the bottom of this range and is now showing a bounce from that key support. Despite this rebound, the overall momentum has a bearish tilt, as the price is trading below

Thu, 31 Jul 2025 12:30:06 GMT

Euro zone grows 0.1%

Euro zone grew 0.1% in Q2 2025, beating flat forecasts. Germany shrank 0.1% as investment fell. U.S. tariffs added trade uncertainty, hitting key sectors.

Thu, 31 Jul 2025 09:30:08 GMT

Adidas report weak earnings

Adidas shares fell as it warned U.S. tariffs may cost €200M in H2 2025. Prices may rise in the U.S., pending tariff updates expected around Aug. 1.

Thu, 31 Jul 2025 09:15:04 GMT

Procter & Gamble earnings report

Procter & Gamble (P&G) reported solid financial results for the fourth quarter and full fiscal year 2025, showing resilience in a challenging global environment. For the full year, P&G posted net sales of $84.3 billion, flat compared to fiscal 2024. Organic sales grew by 2%, driven equally by higher pricing and volume. Diluted earnings per share rose 8% to $6.51,

Thu, 31 Jul 2025 06:30:05 GMT

Starbucks beats revenue estimates

Starbucks beat Q3 revenue estimates, boosted by China demand, menu tweaks, and store upgrades, lifting shares 4.1% despite slower U.S. spending.

Thu, 31 Jul 2025 03:30:05 GMT

Hermès sales rise

Hermès sales rose 9% as demand for its $10K Birkin bags stays strong. Prices jumped 7% globally, plus 5% in the U.S. to offset tariffs.

Wed, 30 Jul 2025 21:30:04 GMT

S&P 500 Hits Record High

The S&P 500 reached a new record, driven by optimism over a US-EU trade framework, while the DOJ announced a crackdown on tariff violators.

Wed, 30 Jul 2025 18:30:05 GMT

OpenAI in Fundraising Talks

OpenAI is reportedly in discussions to raise funds at a valuation of £115 billion, signaling continued strong investor interest in the AI sector.

Wed, 30 Jul 2025 15:30:04 GMT

Musk to Remain Tesla CEO

Elon Musk has stated that he will still be the CEO of Tesla in five years' time, providing some clarity on his long-term role at the company.

Wed, 30 Jul 2025 13:35:07 GMT

Real GDP higher than expected in the United States

In the second quarter of 2025, U.S. real gross domestic product (GDP) increased at an annual rate of 3.0%, according to the advance estimate from the Bureau of Economic Analysis. This marks a strong rebound from the first quarter, when real GDP declined by 0.5%. The Q2 growth was primarily driven by a decrease in imports, which are a subtraction

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