OANDA Group
CFXS
Newsletter
Open hamburger menu

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.

australia-map3d.jpg
AUD/USD - Aussie soars after RBA shocks with 25-bp hike
RBA unexpectedly raises rates by 25 bp AUD/USD jumps 1% Federal Reserve widely expected to follow with 25 bp hike The Australian dollar has racked up sharp gains today. In the European session, AUD/USD is trading at 0.6691, up 0.93%. RBA surprises with 25 bp hike, Aussie surges The Reserve Bank of Australia has a knack for surprising the markets, and today's rate hike certainly qualified.
02-05-2023 06:07 GMT by Kenneth Fisher
audusd_aud_aussie_up1.jpg
RBA Update: An unexpected hike triggered a squeeze on AUD/USD
RBA surprised the market with a 25 basis points hike to bring the policy cash rate to 3.85% Emphasis on inflation targeting over concerns about the heightened risk of slower growth AUD/USD breached above the 50-day moving average, resurgence of short-term upside momentum. The Reserve Bank of Australia (RBA) has surprised market participants’ view of a second consecutive pause of its key policy cash rate with a hike of 25 basis points to bring it to 3.85%. Concerns about sticky inflation and ent
02-05-2023 02:19 GMT by Kelvin Wong
money-australian.jpg
AUD/USD: Bulls capped by weak China manufacturing PMI & RBA
ASX 30-day interbank cash rate futures implied a further pause in the RBA cash rate through 2023. A contraction in China NBS Manufacturing PMI for Apr may reinforce RBA’s cautious stance. AUD/USD remains below the downward-sloping 50-day moving average. The Reserve Bank of Australia (RBA) will decide later today on its latest monetary policy decision where the market participants are expecting a second consecutive pause on the key policy cash interest rate at 3.60% after it hiked ten times from
02-05-2023 00:29 GMT by Kelvin Wong
AdobeStock_224470162.jpeg
Strong dollar weakens commodities, Cryptos lower as banking drama dies down
Poor PMI data from China drive crude demand concerns Gold struggles as yields surge; 10-year Treasury yield rises 14.4 basis points to 3.566% Bitcoin falls 3.8% to $28,200 Oil The ISM manufacturing report showed prices paid surged to the highest level since July as steel, copper, plastics, aluminum and diesel. The economy appears to be weakening at a slower pace and that should be good news for the crude demand outlook.  Crude prices are paring losses on optimism the economy can strengthen now
01-05-2023 14:44 GMT by Edward Moya
Australian-dollar-focus.jpg
AUD/USD jumps, RBA likely to pause
Markets widely expect RBA to pause rates Fed expected to raise rates by 25 bp US ISM Mfg. PMI contracts but beats estimate The Australian dollar has started the week with gains.
01-05-2023 11:30 GMT by Kenneth Fisher
Keyboard-With-Japanese-yen-jpy-China-Yuan.jpg
USD/JPY extends gains post-BoJ meeting
Bank of Japan meeting weighing on yen JP Morgan buys First Republic assets USD/JPY continues to rally and is trading at 136.84, up 0.40%. BoJ signals change is coming The Bank of Japan didn't change any policy settings at Friday's meeting, which was the first to be chaired by New Governor Kazuo Ueda. The yen took a tumble of 1.3% and the downward spiral has continued on Monday, with USD/JPY rising as high as 136.98.
01-05-2023 08:26 GMT by Kenneth Fisher
canadian-dollar-cad-loonie-flag.jpg
USD/CAD - Canadian dollar edges lower ahead of US, Canadian Mfg. PMIs
Canada's GDP rose 0.1% in March US, Canada to release Manufacturing PMIs After a 2 day mini-rally, the Canadian dollar is lower on Monday. In the European session, USD/CAD is trading at 1.3569, up 0.20%. Canada's GDP ekes out 0.1% gain Canada's GDP came in at a paltry 0.1% in February, missing the 0.2% estimate and weaker than the upwardly revised 0.6% in January, according to Statistics Canada.
01-05-2023 06:01 GMT by Kenneth Fisher
AdobeStock_180293865-1-scaled.jpeg
Week Ahead - Brace Yourself (Fed, ECB, NFP, Peak Earnings)
US This week will be extremely busy as we have an FOMC decision, the nonfarm payroll report, peak earnings season, all while Wall Street keeps an eye on the banking industry to see if any news stresses arise.  The FOMC meeting is expected to have policymakers deliver one more quarter-point rate rise, possibly leaving the door open for one more. Disinflation trends need to show they are firmly entrenched for the Fed to take their foot off the tightening pedals.
28-04-2023 15:42 GMT by Edward Moya
AdobeStock_505912147-scaled.jpeg
EUR/USD dips below 1.10 after weak German GDP, inflation next
German and eurozone GDP slowed and missed the estimates Markets await US Core PCE Price Index, German CPI EUR/USD is trading at 1.0983 in the European session, down 0.39% on the day German CPI expected to remain steady The trading week wraps up with key inflation releases on both sides of the pond. Germany, the bellwether of the eurozone, releases CPI later today.
28-04-2023 07:13 GMT by Kenneth Fisher
bankofjapan.jpg
USD/JPY surges after BoJ maintains policy, inflation rises
Bank of Japan maintains monetary policy BoJ removes forward guidance and announces policy review Tokyo Core CPI rises higher than expected USD/JPY soars USD/JPY has jumped 1.3% today and is trading at 135.74. Earlier, the yen touched a low of 135.86, its lowest level since March 10th. BoJ holds policy but changes guidance Today's Bank of Japan meeting was closely watched, as New Governor Ueda chaired his first meeting.
28-04-2023 04:55 GMT by Kenneth Fisher
bankofjapan.jpg
BoJ: maintained ultra-easy policy but scrapped forward guidance
No change on key policy short-term interest rate and limits of the Yield Curve Control programme. Scrapped forward guidance to maintain the interest rate at current or lower levels Need one and half-year to conduct a review of monetary policy guidance. USD/JPY and Nikkei 225 rallied; watch the 135.30 key short-term resistance on USD/JPY. The Bank of Japan has maintained its key policy short-term policy interest rate as expected at -0.10% and kept the limits of its Yield Curve Control (YCC
28-04-2023 01:23 GMT by Kelvin Wong
japan-map-flag-yen.jpg
USD/JPY: Will BoJ throw in a shock surprise?
JGB futures implied volatility has ticked lower. Tokyo core inflationary data for April has continued to accelerate, above BoJ’s target for 11 consecutive months. USD/JPY is testing key short-term range support at 133.20.
27-04-2023 23:52 GMT by Kelvin Wong
euro-dollar-bills-eurusd.jpg
EUR/USD - US Preliminary GDP dips, German CPI next
US GDP slips to 1.1% in the fourth quarter US unemployment claims fall sharply First Republic Bank struggling to survive Markets await US Core PCE Price Index, German CPI EUR/USD is trading at 1.1021, down 0.18% on the day. US GDP declines, jobless claims fall Today's US releases were a mixed bag. Preliminary GDP in the first quarter slowed to 1.1%, following a downwardly revised 2.6% gain in the fourth quarter and well short of the estimate of 2.0%.
27-04-2023 11:41 GMT by Kenneth Fisher
australia-map.jpg
AUD/USD stems the bleeding, US eyes GDP and jobless claims
Market pricing for RBA pause jumps higher US releases GDP, unemployment claims today Banking turmoil lengthens odds of Fed hike The Australian dollar is in positive territory today, ending a nasty slide of 100 points and falling to a 6-week low. The Aussie is trading at 0.6621, up 0.28% on the day.
27-04-2023 06:33 GMT by Kenneth Fisher
Keyboard-With-Japanese-yen-jpy-China-Yuan.jpg
USD/JPY - Yen eyes Tokyo CPI, US GDP
Tokyo Core CPI expected to remain unchanged at 3.2% US to release unemployment claims and GDP BoJ's 2-day meeting begins today USD/JPY is trading quietly at 133.84, up 0.13% on the day. The yen's lack of movement could change today with a host of key releases.
27-04-2023 05:13 GMT by Kenneth Fisher
AdobeStock_571386924-scaled.jpeg
Stocks supported by mega-cap tech earnings but dragged down by banking woes
Stocks weighed down on banking jitters Fed expectations widely swinging back and forth House expected to vote on debt limit today; Senate Dems signaled first major bill dead on arrival Yesterday, a small little bank was able to take down Wall Street. ​ After the close, a double dose of robust mega-cap tech earnings helped stabilize that ship. Stock traders are breathing a sigh of relief after Microsoft and Google-parent Alphabet tentatively helped alleviate growth concerns and that tech’s stron
26-04-2023 15:16 GMT by Edward Moya
new_zealand_flag.jpg
NZD/USD dips on banking worries, NZ business confidence next
First Republic Bank's shares plunge NZD/USD falls to one-month low New Zealand releases business confidence on Thursday First Republic Bank woes continue Has the bank crisis resurfaced? There is plenty of concern in the financial markets as First Republic Bank's shares continue to swoon.
26-04-2023 13:49 GMT by Kenneth Fisher
1 … 143 144 145 … 223