
Here’s your Forex Trading daily digest 📊. Stay ahead of the FX market with today’s top news.
- Yuan gains could trigger hundreds of billions in corporate dollar sales.
- Mercer says Trump’s trade and Fed pressure spur investor shift away from US assets.
- 🇳🇬 Court orders final forfeiture of $7 million found in Bank vault to Federal Government – Nairametrics
- 🇳🇬 Nairametrics – Business news, Economy, Investing, and Financial Literacy – Nairametrics
- BoC Governor Macklem: Consensus to cut rates was clear.
- Federal Reserve expected to cut interest rates as dissent within the central bank grows
- Australia loses 5,400 jobs in August, unemployment steady at 4.2%. What’s deal with that?
- Goldman Sachs AM sees Fed cutting 25bp in October and December after latest move
- AUD/USD has been marked down following the disappointing job loss numbers in August
- Australia August 2025 jobless rate 4.2% (vs. 4.2% expected)
- PBOC sets USD/ CNY reference rate for today at 7.1085 (vs. estimate at 7.1113)
- Meta launches $799 Ray-Ban Display AR glasses with neural wristband
- New Zealand dollar extending its losses after terrible data, forecasts for more rate cuts
- Westpac forecasts Reserve Bank of New Zealand rate cuts in October and November
- PBOC is expected to set the USD/CNY reference rate at 7.1113 – Reuters estimate
- Japan machinery orders +4.9% y/y (expected +5.4%)
- Hong Kong’s central bank follows the Fed, cuts base rate by 25bp to 4.5%
- Bank of England meeting preview – to slow bond sales, keep rates steady at 4%
- Reuters: China auto glut sparks discounts, gray markets, and survival fears for carmakers
- New Zealand Q2 GDP -0.9% q/q (vs. -0.3% expected)
That’s a wrap on forex news today 🌍. Drop a comment on which currency pair you’re watching!
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