
News: Forex
This is your go-to source for all the latest Forex news. This is where you can find out about all the latest developments in the world of foreign exchange, from the latest currency movements to economic data releases, technical analysis, economic indicators, and central bank policies.

Wall Street is Predicting a 2023 Recession. Here are the Red Flags You Should Know About
Also, Matthew Luzzetti claimed in the last note connected with the bank's analyses led by him: "We don't think the Fed will achieve a smooth landing." Instead, we expect a more severe hawkish monetary policy to send us into economic depression."

The Yen Had Its Worst Drop In 20 Years. Why It Could Help Japanese Stocks
Kuroda is dealing with a different market than Jerome Powell and his colleagues at the Fed. Japan just recently emerged from deflation, with an inflation rate of less than 1%. In the United States, inflation is near 8%. As a result, a milder stance from the BoJ seems logical.

China’s Digital Yuan Wallet Now Has 260 Million Individual Users
The digital yuan innovation underwent tests and validation for two years before entering the mainstream market. The PBOC has since declared its experiment an official success, introducing its digital wallet earlier this year in Chinese versions of iOS and Android.

Dollar Falls While Yen and Swiss Franc Gain In Post-Omicron Gyrations
On Wednesday morning, the dollar sank versus the yen and the Swiss franc, despite riskier British and Australian currencies rising from day-ago lows. The fluctuations highlighted the tenuous nature of the earlier-in-the-day tranquillity that appeared to settle over the foreign currency markets.

As Germany’s Business Confidence Deteriorates, The Euro Slides to July 2020 Lows
The euro sank on Wednesday as a poll revealed that German business confidence declined in November, while the Turkish currency stayed under pressure as President Tayyip Erdogan supported interest rate cuts despite rising inflation.