https://www.fxstreet.com/news/feedReal-time Forex News and the latest trading updates. Stay updated on the latest news about currencies and commodities markets.5a0972c1-3dd2-43fc-9002-aad74ef8cacehttps://www.fxstreet.com/news/breaking-japanese-yen-holds-steady-as-traders-are-on-high-alert-for-intervention-202606250019The USD/JPY pair trades on a flat note near a multi-decade highof around 161.75 during the early Asian trading hours on Thursday. The potential upside for the pair might be limited amid heavy speculation of imminent currency intervention from Japanese authorities. Thu, 25 Jun 2026 00:19:52 Zff481587-2ce1-4e7e-a573-f7b9f2b6fb56https://www.fxstreet.com/news/euro-softens-to-near-11350-as-fed-hike-bets-rise-ahead-of-pce-inflation-data-202606250008The EUR/USD pair declines to around 1.1355 during the early Asian trading hours on Thursday. The Euro (EUR) weakens to its lowest level since June 2025 against the US Dollar (USD) as traders increase their bets on US interest rate hikes later this year.Thu, 25 Jun 2026 00:08:51 Z648d63df-3be2-4ae9-a2f8-f80d8fa8c749https://www.fxstreet.com/news/gold-falls-to-seven-month-low-below-4-000-on-rising-fed-hike-bets-traders-brace-for-us-pce-data-202606242312Gold price (XAU/USD) tumbles to around $3,995 during the early Asian session on Thursday. The precious metal extends the decline to below the $4,000 psychological level for the first time since November 2025 on the prospect of higher interest rates and a stronger US Dollar (USD).Wed, 24 Jun 2026 23:12:02 Z022db2c2-adea-499b-bb59-86b6bc78b23ehttps://www.fxstreet.com/news/eur-jpy-price-forecast-tumbles-below-100-day-sma-eyes-on-183-202606242230The Euro retreated on Wednesday against the Japanese Yen, down 0.08% amid growing speculation that Japanese authorities may intervene in the foreign exchange markets and also inflation in the producer side in Japan, exceeded estimates above the 3% threshold.Wed, 24 Jun 2026 22:30:41 Zcc31f443-1ec1-4439-bea9-3539ff8fc8edhttps://www.fxstreet.com/news/british-pound-sterlings-turnaround-is-dead-on-arrival-202606242216GBP/USD spent Wednesday confirming what the daily chart has signalled for a week, that the Pound's attempted recovery has run out of road. Cable drifted lower through the session to a low just under 1.3150 before clawing back a little into the close, settling just above fresh lows for the move.Wed, 24 Jun 2026 22:16:47 Z3d6003bd-a724-4f74-b17b-aa8e3f6b47aehttps://www.fxstreet.com/news/japanese-yen-sinks-even-after-the-boj-hikes-202606242201USD/JPY spent Wednesday grinding higher again, which by rights should not be happening. The Bank of Japan (BoJ) raised its policy rate only last week, and a hike is meant to put a floor under a currency, not watch it slide toward generational lows.Wed, 24 Jun 2026 22:01:00 Z331e6763-e911-4456-9c42-815c25e9b0fehttps://www.fxstreet.com/news/usd-chf-price-forecast-hits-11-month-high-above-08100-202606242158The USD/CHF extends its rally for the third straight day this week and refreshes year-to-date (YTD) highs, peaking at 0.8139, which is also an 11-month high. At the time of writing, the pair trades at 0.8124, up 0.34%.Wed, 24 Jun 2026 21:58:28 Zf7587128-2697-434c-a589-76a0f023b873https://www.fxstreet.com/news/singapore-dollar-pressured-in-strong-usd-environment-ocbc-202606242139OCBC’s Sim Moh Siong and Christopher Wong note USD/SGD has drifted higher on broad US Dollar (USD) strength and softer risk sentiment, with daily momentum bullish and Relative Strength Index (RSI) overbought.Wed, 24 Jun 2026 21:39:00 Z481cd193-4dc4-453b-869e-8817b5314d17https://www.fxstreet.com/news/chinese-equities-flows-support-buy-the-dip-stance-bny-202606242052BNY’s Geoff Yu notes that despite a bear market in the Hong Kong China Enterprises Index and 15–16% declines in Chinese equities this year, institutional investors continue to add exposure.Wed, 24 Jun 2026 20:52:00 Zba2f234b-e4ae-4852-a52e-4e0b76f090cdhttps://www.fxstreet.com/news/singapore-dollar-downtrend-targets-13000-against-us-dollar-uob-202606242021United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive stance on USD/SGD after five consecutive daily gains, noting overbought conditions but still expecting further upside. In the near term, they see scope for a test of 1.2980 while 1.3000 caps.Wed, 24 Jun 2026 20:21:00 Z97871d45-3343-45e5-ae59-6c3d5fe20b46https://www.fxstreet.com/news/us-treasury-yields-slide-as-hormuz-reopening-eases-inflation-fears-202606241947US Treasury yields fell across the curve on Wednesday after the reopening of the Strait of Hormuz, which eased inflationary pressures and drove Oil prices lower.Wed, 24 Jun 2026 19:47:28 Z5a64bb92-b5c6-438c-a5ab-efbf4a1e19f0https://www.fxstreet.com/news/forex-today-us-dollar-surges-as-traders-await-pce-inflation-data-202606241947The US Dollar Index (DXY) trades near 101.60 on Wednesday, at a one-year high as markets looked ahead to Thursday’s United States (US) Personal Consumption Expenditures Price Index (PCE), the Federal Reserve’s (Fed) preferred inflation gauge. Wed, 24 Jun 2026 19:47:03 Z2be0c2d6-d8df-452b-95e7-8b1555fb4d72https://www.fxstreet.com/news/us-dollar-firm-tone-extends-with-stretched-positioning-scotiabank-202606241933Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is strengthening on a higher-for-longer Federal Reserve (Fed) outlook, some haven demand and mixed global equities. US Dollar Index (DXY) is pushing toward 102, with stronger resistance seen in the upper 102 area.Wed, 24 Jun 2026 19:33:57 Z4cdacc86-7695-4aca-be03-be5551bf7815https://www.fxstreet.com/news/thai-baht-low-yields-drive-thb-underperformance-mufg-202606241851Lloyd Chan at MUFG argues that Thai Baht (THB) weakness, despite lower Oil prices, reflects its low-yield profile and the Bank of Thailand’s (BoT) growth-focused stance, which limits tightening scope.Wed, 24 Jun 2026 18:51:52 Zb363491e-4342-4756-a22f-82076081156bhttps://www.fxstreet.com/news/wti-slides-to-its-lowest-level-since-march-as-shipping-through-hormuz-gradually-normalizes-202606241825West Texas Intermediate (WTI) crude Oil extends its decline on Wednesday, falling more than 3% as stranded crude cargoes in the Strait of Hormuz gradually return to the market following an interim peace agreement between the United States (US) and Iran.Wed, 24 Jun 2026 18:25:33 Z65677298-eba2-45c4-ad96-e2e9eadbf799https://www.fxstreet.com/news/brazilian-real-latam-policy-paths-and-fx-levels-societe-generale-202606241823Societe Generale’s Emerging Markets (EM) strategists say the Brazilian central bank, Banco Central do Brasil (BCB) minutes support an easing cycle with pauses to guide inflation back to 3% by 1Q28, leaving USD/BRL approaching its 200‑day moving average at 5.25.Wed, 24 Jun 2026 18:23:33 Zb59f17b8-e65a-4811-b4b4-0e0db1ec044fhttps://www.fxstreet.com/news/gold-price-breaks-below-4-000-as-us-dollar-hits-13-month-high-202606241819Gold (XAU/USD) price collapses by over 3% on Wednesday during the North American session amid broad US Dollar strength, despite US Treasury yields tumble on speculation that the reopening of the Strait of Hormuz could ease inflationary pressures.Wed, 24 Jun 2026 18:19:32 Zede8e9c7-ca11-4406-95ad-08f0b945b4bchttps://www.fxstreet.com/news/japanese-yen-watching-162-resistance-after-hawkish-boj-scotiabank-202606241753Scotiabank strategists Shaun Osborne and Eric Theoret note the Japanese Yen (JPY) is only fractionally weaker versus the Dollar (USD) but is outperforming across G10 crosses, reflecting market caution over potential official intervention.Wed, 24 Jun 2026 17:53:14 Z0b64c26c-c12a-48f7-ac04-6ebb048148d1https://www.fxstreet.com/news/hungary-lower-cpi-supports-nbh-cuts-standard-chartered-202606241709Standard Chartered’s Saabir Salad emphasizes that subdued inflation, aided by a strong Hungarian Forint (HUF) and government measures, has allowed the National Bank of Hungary (NBH) to turn more dovish.Wed, 24 Jun 2026 17:09:17 Z9325bf48-5386-4000-b067-a77397000fd9https://www.fxstreet.com/news/british-pound-falls-as-starmers-resignation-weighs-on-sterling-202606241701The GBP/JPY cross came under pressure near the 213.00 level on Wednesday as the British Pound weakened after United Kingdom (UK) Prime Minister Keir Starmer announced he would stand down as Labour Party leader and Prime Minister.Wed, 24 Jun 2026 17:01:53 Z925fc8a7-5c2d-4742-aff5-dd0312d1c70dhttps://www.fxstreet.com/news/commodity-fx-positioning-shifts-shape-prospects-bny-202606241639BNY’s Geoff Yu highlights that IMM volume is concentrated in commodity currencies, with AUD, NZD and NOK leading recent adjustments. NOK and CAD are seeing outflows linked to Oil sensitivity and modest Norges Bank tightening expectations, while NZD and AUD have underperformed since May.Wed, 24 Jun 2026 16:39:42 Zd9225d94-0386-4976-9327-014cf0a70c08https://www.fxstreet.com/news/silver-price-hits-new-yearly-low-amid-rising-fed-hike-expectations-pce-data-caution-202606241638Silver (XAG/USD) extends its correction on Wednesday and trades around $58.75 at the time of writing, down 4.62% on the day after hitting a fresh low not seen since December 2025.Wed, 24 Jun 2026 16:38:39 Z43a111e3-f4e2-40af-84f6-658a1b8d14edhttps://www.fxstreet.com/news/ecbs-schnabel-more-hiking-is-needed-to-get-to-2-202606241617European Central Bank (ECB) Executive Board member Isabel Schnabel said on Wednesday that from the present perspective, further interest rate hikes are needed to bring inflation back to the central bank’s 2% target.Wed, 24 Jun 2026 16:17:39 Z97d75943-cb8d-4bc0-9dc9-4fa90a383173https://www.fxstreet.com/news/usd-cad-price-forecast-bulls-retain-the-upper-hand-above-14000-despite-overbought-rsi-202606241617USD/CAD climbs to fresh highs since April 2025 on Wednesday as the Canadian Dollar (CAD) faces a double blow from a stronger US Dollar (USD) and weaker Oil prices. Wed, 24 Jun 2026 16:17:02 Z51bf5b5f-52dc-450c-9c23-9a54c5b0cfe4https://www.fxstreet.com/news/dow-jones-industrial-average-rips-to-records-on-borrowed-tailwinds-202606241615The Dow Jones Industrial Average (DJIA) pushed into fresh record territory again on Wednesday, but the way it got there is worth a second look. The index added roughly 1% and closed near 52,200, just below the all-time high around 52,300.Wed, 24 Jun 2026 16:15:53 Z2c87371f-fd07-4b15-abf2-01c06e6598b4https://www.fxstreet.com/news/malaysian-ringgit-bearish-near-term-against-us-dollar-mufg-202606241614MUFG’s Lloyd Chan notes that MYR has underperformed since the June FOMC as higher US yields and wider US-Malaysia rate differentials weigh on the currency.Wed, 24 Jun 2026 16:14:35 Z11d960c2-606d-4780-8d9a-7e55ef78efe8https://www.fxstreet.com/news/swiss-franc-hits-a-ten-month-low-as-hawkish-fed-bets-lift-the-us-dollar-202606241539The Swiss Franc (CHF) slides to its weakest level in more than ten months on Wednesday as hawkish Federal Reserve (Fed) outlook boosts the US Dollar (USD). At the time of writing, USD/CHF trades around 0.8126, extending its gains for a sixth consecutive day.Wed, 24 Jun 2026 15:39:34 Z40e1eef4-2d42-415b-aaa0-4e24f969a511https://www.fxstreet.com/news/japanese-yen-holds-near-162-as-intervention-risk-remain-202606241519The Japanese Yen (JPY) registers minimal losses against the US Dollar (USD) on Wednesday amid mixed risk appetite, with global equities fluctuating between gains and losses, while investors continue to monitor developments in the Middle East.Wed, 24 Jun 2026 15:19:47 Z2bea456b-0b6e-468c-8663-d9c86e8ae8cehttps://www.fxstreet.com/news/british-pound-oversold-slide-targets-130-area-against-us-dollar-scotiabank-202606241513Scotiabank strategists Shaun Osborne and Eric Theoret report the British Pound (GBP) is softer against the US Dollar (USD) but relatively resilient versus G10 peers, with declines tied to shifting Fed expectations and softening United Kingdom (UK) yields after moderating inflation and a weak serviceWed, 24 Jun 2026 15:13:27 Zce78c565-bc6c-41d7-86bc-f033f8156f8ahttps://www.fxstreet.com/news/euro-weakens-for-third-day-as-fed-hike-repricing-eclipses-german-ifo-improvement-202606241506EUR/USD extends its decline on Wednesday and trades around 1.1340 at the time of writing, down 0.39% on the day, as the US Dollar (USD) benefits from renewed support driven by expectations of additional monetary tightening in the United States (US).Wed, 24 Jun 2026 15:06:53 Z