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See everything influencing foreign exchange rates right now with our comprehensive up to the minute news and analysis. Explore current forex price action, identifying emerging trends and potential trading setups. From major forex pairs to exotics, we cover all forex market news.

Chart alert: GBP/USD remains firm above 1.3479 ahead of US CPI
GBP/USD remains firm ahead of the US CPI release after breaking above a key medium-term descending trendline following last Friday’s US NFP. Sterling’s near-term bullish momentum remains intact above the 1.3479 pivotal support, with upside targets at 1.3547, 1.3580 and 1.3643. A hotter-than-expected US core CPI could revive Fed rate-hike expectations and US dollar strength, while softer inflation may reinforce GBP/USD’s bullish breakout.
by Kelvin Wong
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Dollar faces a tougher period as Fed expectations may shift
The dollar remains supported by relatively hawkish Fed expectations, but this advantage may weaken. A US-Iran de-escalation could lower energy prices and inflation risks, reducing the case for further US tightening. If markets begin to price a softer Fed policy path, the dollar could come under pressure and EUR/USD could gradually move higher.
by Łukasz Zembik
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