Forex
Trump says no U.S.-Iran talks underway or planned
U.S. president denies negotiations with Iran as Tehran reiterates Strait of Hormuz closure conditions tied to an interim June deal.
Ukraine launches heavy drone strikes on Moscow region; Russia warns UK
Over 600 drones targeted Russian territory, with 180 intercepted over the capital. Crimea reports power outages as Moscow blames British-supplied equipment for the assault.
BHP posts record H2 2026 profit as copper drives earnings to $13 billion
Underlying attributable profit rose 30% to $13 billion, with copper EBITDA hitting a record $18 billion. Dividends total $8.7 billion, while net debt falls below $9 billion.
AUD/JPY holds gains as analysis eyes 114.02 target
Australian dollar-yen pair consolidates near 113.55 as technical signals point to further upside, with a projected ATR-based target at 114.02.
Pegasystems debuts AI governance tools, teams with Gryphon for compliance
Pega rolls out Customer Engagement Studio and Pega Infinity 26, embedding governance controls for regulated industries. Gryphon partnership adds exemption recovery and revenue impact tools.
Britain’s Drone Row Could Turn the GBP into a Risk Barometer
Escalating UK‑Russia tensions over alleged drone use are reshaping risk sentiment, and the pound may start behaving more like a safe‑haven proxy than a pure policy‑driven currency.
Disney sues FCC over early license review of ABC stations
Media giant alleges Trump administration is attempting to punish ABC for editorial stance. Lawsuit filed in D.C. federal court challenges review of eight stations.
UK faces Russian threats after reports of British drones used in attacks
Moscow warns London of 'consequences' after Kyiv allegedly employs UK-made drones in strikes deep inside Russia, escalating tensions between the two nations.
At least 25 killed in overnight attack on Nigeria’s Plateau state
Attackers targeted a village in Nigeria’s Middle Belt, killing residents with machetes amid longstanding communal tensions. Police and local officials report rising fears of further reprisals.
U.S. economy faces test as Mideast stalemate persists, Wolfe says
Analysts warn a prolonged 'no war, no peace' conflict in the Strait of Hormuz could disrupt oil flows and test U.S. economic resilience despite current price levels.
AVITA Medical’s PermeaDerm cuts wound-care costs 70% vs allograft
New clinical data show PermeaDerm’s biosynthetic matrix delivers comparable healing with a 70% cost reduction and 96% faster preparation time compared to cadaver skin.
Quantexa weighs UK or US listing for multibillion-dollar IPO
AI firm explores public markets amid London’s push to retain listings. CEO cites deeper capital pools and higher valuations in the U.S. as key factors.
Gold tests $4,435 ceiling as Fed repricing loses steam
Precious metal faces stiff resistance at two-month highs after two consecutive rejections at $4,435-$4,450. Recovery rally driven by shifting Fed rate expectations now risks stalling.
USD/JPY recovers half of intervention losses as rate gap holds sway
The yen’s rebound to a two-week high underscores the limits of Japan’s currency intervention amid a 262.5 bp policy differential and softer US data.
Bank of America Forecasts Lower EUR/USD Through Q3 on Fed Outlook
Bank of America expects the euro to weaken against the US dollar through the third quarter, driven by the outlook for Federal Reserve monetary policy.
FX Markets Face Growing Pressures as Duration Risks Emerge
Foreign exchange markets are increasingly impacted by duration risks as shifting economic conditions influence currency valuations.
Bank of America Recommends Selling AUD/NZD on Policy Divergence
Bank of America has recommended shorting the Australian dollar against the New Zealand dollar, citing an anticipated divergence in monetary policy.
BofA Forecasts Polish Zloty Gains in Q4 on Anticipated Dollar Weakness
Bank of America expects the Polish zloty to advance beginning in the fourth quarter, driven by projected weakness in the U.S. dollar.
Sterling Slips as Broad US Dollar Gains on Energy and Yields
The British pound weakened against the US dollar as firming Treasury yields and energy markets drove broader greenback strength.
FX Outlook Focuses on Energy Markets and Long-Term Bonds
Currency markets look to developments in global energy pricing and long-dated bond yields as primary drivers for near-term foreign exchange direction.
OpenAI Announces ChatGPT for Teens Featuring Parental Controls
OpenAI has introduced a targeted version of its AI assistant tailored for teenagers, incorporating enhanced safety guardrails and parental supervision tools.
US Dollar Trades Mostly Firmer Within Narrow Ranges
The US dollar held mostly firmer against major counterparts during early trading, though price action remained confined to narrow ranges.
USD/CAD Reversal Risk Rises Ahead of Tariff Deadline
Reversal risks are increasing for the USD/CAD currency pair as markets approach an impending tariff deadline.
USD/CAD Traders Weigh Canadian Inflation Data Against U.S. Tariff Risks
Foreign exchange markets navigate opposing pressures on the Canadian dollar as domestic consumer price index data meets geopolitical trade concerns.