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Forex: all news & analysis

Explore our comprehensive Forex Archive, an essential resource that provides expert insights on price movements, trends, and the currency market. By analysing past price actions and key events, you can uncover vital market dynamics and elevate your understanding of effective trading strategies. Whether you're focusing on major currency pairs or emerging markets, our archive is packed with information to help you sharpen your trading decisions.

Automotive_Factory_Production
The US labour market is losing momentum – as is the USD
The June U.S. jobs report points to a clear slowdown in the labor market, with weaker nonfarm payrolls growth, lower labor force participation, and easing wage pressure. While layoffs remain limited, the data reduce pressure on the Fed to tighten policy further and have weighed on the U.S. dollar.
02-07-2026 16:19 GMT by Krzysztof Kamiński
Bank_of_Japan_Building_BoJ
Chart alert: USD/JPY plummeted 0.5% on suspected deliberate intervention, key levels to watch ahead of NFP
USD/JPY tumbled sharply after a sudden bout of yen strength raised suspicions of stealth intervention by Japanese authorities ahead of the closely watched US non-farm payrolls report. While widening US-Japan yield spreads continue to favour a stronger dollar, record speculative short positions in the yen increase the risk of further intervention-driven volatility. Traders are now watching the critical 160.90 support level and the US jobs report for the next major directional catalyst.
02-07-2026 08:26 GMT by Kelvin Wong
Index-Indices_US_Flags
Chart alert: S&P 500 risks bull trap as stronger US dollar threatens Q2 rally
The S&P 500 finished Q2 2026 with its strongest quarterly performance since 2020 after a late surge driven by institutional window dressing and easing US-Iran tensions. However, the rally now faces a critical test as the US Dollar Index breaks to a 13-month high following the June FOMC meeting. Investors are closely watching Fed Chair Kevin Warsh's speech and this week's US jobs report, with further dollar strength potentially triggering a short-term bearish reversal in US equities.
01-07-2026 09:35 GMT by Kelvin Wong
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Chart alert: USD/JPY bullish break above 161.95 signals further yen weakness
USD/JPY has broken decisively above the critical 161.95 resistance level, signalling a continuation of its medium-term bullish trend despite repeated verbal intervention from Japanese officials. A widening US-Japan yield differential, expectations of further Federal Reserve tightening, Japan's expansive fiscal stimulus, and persistent foreign capital inflows into Japanese equities continue to weaken the yen. Traders now watch whether authorities move beyond rhetoric to direct FX intervention.
30-06-2026 07:18 GMT by Kelvin Wong
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US PCE inflation remains sticky in May as consumer spending accelerates; EURUSD reacts
May PCE inflation remained sticky at 4.1% headline and 3.4% core, underscoring persistent price pressures and supporting the Federal Reserve’s "higher for longer" policy outlook. Following the release, EURUSD has staged a technical breakout above its descending channel, with bullish momentum building. Explore our latest market analysis for insights into the economic drivers and key technical levels impacting the pair.
26-06-2026 00:15 GMT by Moheb Hanna
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Asia open: Micron earnings beat sparks global semiconductor rally, USD remains firm
Global technology stocks rebounded after Micron Technology delivered blockbuster FY Q3 earnings and record guidance, reinforcing confidence that AI infrastructure spending remains exceptionally resilient. Strong demand for HBM reignited semiconductor shares across Asia, while crude oil extended losses as the reopening of the Strait of Hormuz continued to unwind the geopolitical risk premium. Investors are now turning their focus to the US Core PCE inflation as the next major market catalyst.
25-06-2026 03:50 GMT by Kelvin Wong
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Asia open: Tech selloff deepens as US Dollar strength pressures global markets
Global markets turned defensive as a broad technology selloff hit Wall Street and Asia-Pacific semiconductor stocks. The Nasdaq 100 plunged 3.3% while the US Dollar Index extended its breakout above 101.00, supported by rising Treasury yields and persistent higher-for-longer rate expectations. Meanwhile, oil prices continued to slide as Iranian export waivers and normalised Strait of Hormuz shipping flows accelerated the unwinding of the geopolitical risk premium.
24-06-2026 04:40 GMT by Kelvin Wong
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Asia open: US stock futures and Asia Pacific equities wobbled on a firmer US dollar
Global markets entered a more cautious phase as a stronger US dollar and rising Treasury yields offset positive sentiment from easing Middle East tensions. Oil prices continued to decline following the US-Iran 60-day peace roadmap and temporary authorisation of Iranian crude exports. AI-related capital expenditure remained a bright spot, with Micron and Anthropic unveiling a major strategic partnership that lifted semiconductor stocks and reinforced the long-term AI infrastructure investments.
23-06-2026 04:08 GMT by Kelvin Wong
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Asia open: Markets whipsawed as fresh geopolitical friction jolts Switzerland peace talks
Global markets started the week cautiously as fresh geopolitical friction disrupted US-Iran peace negotiations in Switzerland. Although the Strait of Hormuz remains open and crude oil exports continue to flow normally, investors remain wary of potential setbacks to a permanent agreement. The US dollar extended its strength on the back of the Federal Reserve's hawkish policy stance, while Asian currencies faced renewed pressure and equity performance diverged across the region.
22-06-2026 04:25 GMT by Kelvin Wong
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A hawkish Fed and a dovish SNB are driving gains in USDCHF
USDCHF extended its upward move, gaining 1.3% this week and more than 3.3% since the start of the month. The pair was supported by a stronger US dollar after hawkish signals from the Fed, while the Swiss franc weakened as the SNB kept rates at 0% and signaled readiness to intervene in the FX market.
19-06-2026 18:02 GMT by Krzysztof Kamiński
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Asia open: US stock futures retreated ahead of Juneteenth holiday, US dollar remains firm
Global markets are adjusting to a new post-conflict reality as the Strait of Hormuz officially reopens following the US-Iran peace agreement. Oil prices have plunged to multi-month lows, removing much of the geopolitical inflation premium that dominated markets earlier this year. Meanwhile, the US dollar remains firmly supported by the Federal Reserve’s hawkish stance under Chair Kevin Warsh, while equities balance improving risk sentiment against higher-for-longer interest rates.
19-06-2026 05:06 GMT by Kelvin Wong
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Asia open: Wall Street slumps as Kevin Warsh delivers hawkish hold, GBP/USD’s plunge hits support ahead of BoE
Global markets reacted sharply after the Federal Reserve delivered a hawkish hold at its June 2026 FOMC meeting. New Fed Chair Kevin Warsh kept interest rates unchanged but surprised investors by removing traditional forward guidance and signalling a stronger data-dependent policy framework. The shift triggered a selloff in US equities, boosted the US dollar, pressured gold prices, and reinforced expectations that the Fed could still raise interest rates before the end of 2026.
18-06-2026 04:39 GMT by Kelvin Wong
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FOMC trading playbook: How a hawkish Fed could impact Nasdaq 100, Gold, EUR/USD and AUD/USD
The June 2026 FOMC meeting could become one of the most important policy events of the year. While markets expect the Federal Reserve to keep interest rates unchanged, traders are focused on the dot plot, updated economic projections, and new Fed Chair Kevin Warsh’s first press conference. With futures now pricing a 77% chance of a rate hike by December, a hawkish shift could strengthen the US dollar and pressure gold, the Nasdaq 100, EUR/USD, and AUD/USD.
17-06-2026 06:59 GMT by Kelvin Wong
Bank_of_Japan_Building_BoJ
Asia open: Hang Seng underperforms on weak China’s retail sales, USD/JPY firmed above 159.75 after BoJ
Global markets rallied after the US and Iran agreed to a 60-day ceasefire framework and the full reopening of the Strait of Hormuz. The Nasdaq 100 surged 3%, the Dow Jones hit a record high, and crude oil plunged below US$85 per barrel as geopolitical risk premiums evaporated. Investors rotated back into technology stocks amid renewed optimism over AI infrastructure spending, while attention now turns to the Federal Reserve’s June policy meeting under new Chair Kevin Warsh.
16-06-2026 04:57 GMT by Kelvin Wong
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Risk-on “TACO” redux: Intraday outlook on Nasdaq 100, DJIA, AUD/USD and Gold
Global markets have surged after the US and Iran announced an interim agreement to end hostilities and reopen the Strait of Hormuz. Nasdaq 100 futures jumped 3% while risk-sensitive assets rallied sharply on renewed optimism. Traders remain cautious as no official agreement text has been released, sanctions details remain unclear, and geopolitical risks involving Israel continue to threaten the fragile peace process. Key technical levels across Nasdaq 100, Dow Jones, AUD/USD, and Gold in focus.
15-06-2026 09:35 GMT by Kelvin Wong
US_Presidential_Election_Building_White_House_Flag
Asia open: Trump’s Iran strike threat and tech rout spark stagflation
Global markets turned sharply risk-off as President Trump’s threat of hard strikes on Iran sent WTI crude back above US$90 and revived stagflation fears. Hot US CPI data reinforced expectations of a higher-for-longer Federal Reserve stance, pressuring equities, bonds, and precious metals. Technology stocks led losses as stretched AI valuations and mega-IPO liquidity concerns weighed on sentiment, while Asia Pacific markets opened broadly lower amid renewed currency stress.
11-06-2026 04:18 GMT by Kelvin Wong
JPY_Japan_Bank_Note
Chart alert: USD/JPY advances toward the next 161.60/95 key intervention levels
USD/JPY remains on a bullish footing as widening US-Japan yield spreads reinforce demand for the US dollar ahead of key US inflation data and the Bank of Japan’s policy meeting. Markets are increasingly pricing a Federal Reserve rate hike later this year, while the BOJ is expected to raise rates but potentially slow its bond tapering programme. Technically, USD/JPY continues to trend higher toward the critical intervention zone near 160.65, where Japanese authorities may step in again.
10-06-2026 09:34 GMT by Kelvin Wong
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Asia open: Dip buyers spark tech rebound on weak market breadth
Global markets rebounded as dip buyers returned aggressively to semiconductor and AI-related stocks, driving the Nasdaq 100 higher despite weak market breadth. A temporary Israel-Iran ceasefire helped contain oil prices and ease geopolitical concerns, while Treasury yields remained elevated amid expectations of a prolonged higher-rate environment. Investors are also preparing for the record-breaking SpaceX IPO, which could reshape liquidity flows across global equity markets.
09-06-2026 04:04 GMT by Kelvin Wong
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