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Germany’s IFO Business Climate Index arrives higher at 89.9, beats 89.0 estimates

The German IFO Institute Business Climate Index improves at a faster-than-expected pace in September. The sentiment data arrives higher at 89.9 from estimates of 89.0 and 88.8 in August.

Germany IFO – Expectations above expectations (89.3) in September: Actual (90.4)

Germany IFO – Current Assessment above forecasts (89) in September: Actual (89.5)

Norway Norges Bank Interest Rate Decision in line with forecasts (4.5%)

Germany IFO – Business Climate above expectations (89) in September: Actual (89.9)

Trump-Xi meeting in the market’s focus

As expected in yesterday’s report, the USD continued to strengthen in the FX market yesterday. Fundamentally, the market’s hawkish expectations for the Fed to tighten its monetary policy continue to p ...

0.7000: Key support zone for Australian Dollar ahead of Trump-Xi meeting

The Australian Dollar (AUD) recovers a majority of its early losses against the US Dollar (USD) on Thursday. In early European session, the AUD/USD pair is marginally down to near 0.7035.

Japanese Yen: Volatility watch over autumn holidays – MUFG

MUFG’s Teppei Ino reviews recent USD/JPY price action, noting the pair opened near 153.41 before US Dollar (USD) buying ahead of the Federal Open Market Committee (FOMC) and Bank of Japan (BoJ) meetin ...

Trade Tech Solutions enters new phase of growth, 2 million users strong

With more than 2 million users, over 1 million active accounts each month, more than 200 million dollars in client revenues processed through its infrastructure each year and 100 million dollars in pa ...

Forex Today: US Dollar stands tall as focus remains on central bank commentary

Here is what you need to know on Thursday, September 24:

New Zealand Dollar gains as US Dollar declines despite hawkish Fed tone

NZD/USD inches higher after posting modest losses in the previous day, trading around 0.5680 during European hours on Thursday. The pair is appreciating as the New Zealand Dollar gains momentum, drive ...

SNB leaves interest rates unchanged at 0%

Swiss National Bank (SNB) leaves its key policy rates unchanged at 0%, as expected by market particiapnts.