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Forex News Headlines

Euro Area Energy Prices

Energy Prices In the Euro Area increased to 28.60 percent in January from 25.90 percent in December of 2021. Energy Prices in the Euro Area averaged 3.19 Percent from 1991 until 2022, reaching an all time high of 28.60 Percent ...

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RBA To Remain Patient Before Rate Hike, Says Lowe

Reserve Bank of Australia Governor Philip Lowe said the bank is prepared to remain patient before it raises its key interest rate as policymakers monitor the evolution of various factors affecting inflation. The board will not increase the cash rate ...

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Eurozone Manufacturing Sector Regains Momentum

The eurozone manufacturing sector regained momentum in January with faster growth in production, new orders and employment, final survey data from IHS Markit showed on Tuesday. The manufacturing Purchasing Managers’ Index rose to a five-month high of 58.7 in January ...

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RBA Discontinues Bond Purchase Program

Australia’s central bank decided to scrap its bond purchase programme citing faster-than-expected improvement towards the inflation goal and strengthening labor market conditions. The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided to cease the ...

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