Top forex news and analysis

See everything influencing foreign exchange rates right now with our comprehensive up to the minute news and analysis. Explore current forex price action, identifying emerging trends and potential trading setups. From major forex pairs to exotics, we cover all forex market news.

US PCE inflation remains sticky in May as consumer spending accelerates; EURUSD reacts
May PCE inflation remained sticky at 4.1% headline and 3.4% core, underscoring persistent price pressures and supporting the Federal Reserve’s "higher for longer" policy outlook. Following the release, EURUSD has staged a technical breakout above its descending channel, with bullish momentum building. Explore our latest market analysis for insights into the economic drivers and key technical levels impacting the pair.
by Moheb Hanna
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Asia open: Micron earnings beat sparks global semiconductor rally, USD remains firm
Global technology stocks rebounded after Micron Technology delivered blockbuster FY Q3 earnings and record guidance, reinforcing confidence that AI infrastructure spending remains exceptionally resilient. Strong demand for HBM reignited semiconductor shares across Asia, while crude oil extended losses as the reopening of the Strait of Hormuz continued to unwind the geopolitical risk premium. Investors are now turning their focus to the US Core PCE inflation as the next major market catalyst.
by Kelvin Wong
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