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Category: Forex Short News

Forex Short News
Forex Short News

Dollar claws back losses as Fed governor Cook stands her ground

Posted onAugust 26, 2025

The dollar has now pared losses on the day and is moving back to near flat levels against most major currencies. EUR/USD is roughly flat …

Forex Short News
Forex Short News

investingLive Asia-Pacific FX news wrap: Trump moves to fire Cook, gold jumps

Posted onAugust 26, 2025

Trump’s move to fire Fed Governor Lisa Cook via social media sent the U.S. dollar tumbling, with gold surging above USD 3,385 and safe-haven flows …

Forex Short News
Forex Short News

Japan finance minister Kato: Alarmed over FX moves, including those driven by speculators

Posted onAugust 26, 2025

Japan finance minister Kato: Won’t comment on forex levels Important for currencies to move in stable manner reflecting fundamentals Alarmed over FX moves, including those …

Forex Short News
Central Banks, Forex Short News

RBA August minutes: Some further reduction in cash rate likely to be needed in coming year

Posted onAugust 26, 2025

Reserve Bank of Australia minutes, from the August 11-12 meeting: The RBA board saw a strong case for a 25bps cut in the cash rate …

Forex Short News
Central Banks, Forex Short News

ICYMI – The USD has been smashed lower on the news that Trump has fired Fed Governor Cook

Posted onAugust 26, 2025

Trump announced Monday that he has dismissed Federal Reserve Governor Lisa Cook Trump did so via a letter posted on his social media this is …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.1188 (vs. estimate at 7.1670)

Posted onAugust 26, 2025

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …

Forex Short News
Forex Short News

Trump threatens tariffs on countries with digital taxes

Posted onAugust 26, 2025

Trump warned on Truth Social that he may impose significant new tariffs on countries that maintain measures he considers discriminatory, such as digital taxes or …

Forex Short News
Forex Short News

Senior Chinese trade negotiator heads to Washington for first round of talks

Posted onAugust 26, 2025

China’s senior trade envoy Li Chenggang will visit Washington this week for the first round of negotiations with U.S. officials under the current tariff truce. …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.1670 – Reuters estimate

Posted onAugust 26, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Forex Short News
Central Banks, Forex Short News

Gold, yen, EUR, CHF all continue to move higher as the US dollar gets Trump-trashed

Posted onAugust 26, 2025

The news as it happened: Trump says he is removing Fed Governor Cook US dollar move in response: The USD has been slammed lower on …

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