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.

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

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

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

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

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

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

Podcast - Microsoft & Alphabet impress, Riksbank's dovish hike, Cryptos rally

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and our new co-host Trader Nick. They discuss Microsoft's impressive earnings, Alphabet's solid results, the Australian inflation report, a dovish Riksbank rate hike, FOMC rate expectations, and cryptos.

26-04-2023 14:09 GMT by Edward Moya

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

EUR/USD rebounds as German consumer confidence improves

German consumer confidence rises EUR/USD pushes above 1.10 EUR/USD is trading at 1.1040, up 0.60% on the day German consumer confidence brightens German consumer confidence continued its upswing heading into May. The German GfK consumer sentiment index rose to -25.7, up from -29.3 in April and above the estimate of -27.5 points.

26-04-2023 08:22 GMT by Kenneth Fisher

AUD/USD falls below 0.66 on lower inflation, banking jitters

AUD/USD drops to 6-week low Australian inflation falls in Q4 First Republic shares slide by 50% AUD/USD is trading at 0.6606, down 0.31%. Earlier, AUD/USD fell to a low of 0.6595, its lowest level since March 15th. Australian inflation heads south Australia's inflation levels have been falling and the downward trend continued in the first quarter.

26-04-2023 06:19 GMT by Kenneth Fisher

JPY carry trade: Downside pressure mounts as global demand faces headwinds

Commodities and growth proxies JPY crosses are leading the decline in G10 JPY carry trade basket. A widening of the US high-yield corporate bonds credit spread may spark a higher volatile movement in the JPY crosses. Key US earnings releases from Visa, Microsoft, and Alphabet are indicating slower global demand spending despite expectations beat. FX volatility may start to increase as G10 JPY crosses have shaped significant reversal movements Fig 1: G10 JPY crosses 1-month rolling performanc

26-04-2023 01:11 GMT by Kelvin Wong

Podcast - What will it take for BoJ to withdraw stimulus?

Craig Erlam joins Jonny Hart to discuss the latest on the markets and remarks from the new Bank of Japan Governor, Kazuo Ueda.

25-04-2023 17:09 GMT by Craig Erlam

EUR/USD slips, investors eye German consumer confidence

German consumer confidence projected to improve US consumer confidence slips, housing sales surge EUR/USD is trading at 1.0968, down 0.69% on the day. German consumer confidence expected to improve Germany releases GfK Consumer Sentiment for April on Wednesday. The index is still deep in negative territory, but it has improved for six straight months and the upswing is expected to continue in the upcoming release.

25-04-2023 12:47 GMT by Kenneth Fisher

AUD/USD slips to 2-week low ahead of CPI

AUD/USD is down almost 1% Australian CPI expected to drop to 6.6% UoM Consumer Sentiment falls, US New Home Sales jump The Australian dollar has plunged on Tuesday. AUD/USD is trading at 0.6632, down 0.95% on the day.

25-04-2023 11:03 GMT by Kenneth Fisher

USD/JPY dips lower after BoJ Core CPI rises

BoJ Governor Ueda says BOJ will maintain policy BOJ Core CPI rises to 2.9% US will release UoM Consumer Confidence later today USD/JPY is trading at 133.87, down 0.28% on the day. BoJ Core CPI climbs to 2.9% Inflation in Japan is much lower than what we're seeing in other major economies, but nevertheless, inflation continues to be closely watched by the Bank of Japan. There has been speculation that the central bank will make a shift in policy, given that inflation is above 3%, above

25-04-2023 06:13 GMT by Kenneth Fisher

Weaker dollar boosts oil and gold; Bitcoin remains heavy

Oil tentatively finds a bottom on improving demand optimism Gold stuck in a tight range; hovering around $2000 level Bitcoin traders remain in wait-and-see mode on the regulatory front Oil Crude prices rebounded after a better-than-expected German sentiment report and as energy traders started to see Europe struggle to reliably replace Russian crude supplies. Last week, oil’s rough week had too many holes poked into the short-term crude outlook, but some of that pessimism might go away this we

24-04-2023 15:38 GMT by Edward Moya

GBP/USD drifting continues

British pound showing limited movement UK retail sales fall PMIs show manufacturing decline, services accelerate British pound shrugs off weak retail sales, mixed PMI data The week ended with mixed data out of the UK, and the British pound fell 0.80% but managed to recover and ended the Friday session unchanged. Retail sales fell by 3.1% y/y, matching the estimate and following -3.5% in February.

24-04-2023 11:42 GMT by Kenneth Fisher

USD/JPY extends rally ahead of BOJ Core CPI

USD/JPY climbs for a third straight day BoJ Core CPI will be released Tuesday New BoJ Governor Ueda chairs his first meeting later this week Japan inflation in focus This week's data calendar out of Japan will be dominated by inflation releases and the Bank of Japan's two-day meeting at the end of the week. Traders will be keeping a close eye on BoJ Core CPI, which will be released on Tuesday.

24-04-2023 09:19 GMT by Kenneth Fisher

Canadian dollar hits 3-week low as retail sales decline

Canadian retail sales declined US Manufacturing and Services PMIs accelerated USD/CAD has climbed 200 points in one week USD/CAD continued to rally today but has pared most of those gains. In Europe, USD/CAD is trading at 1.3527 Canada's core retail sales drop The markets were bracing for a weak Canadian retail sales report in February, and the numbers were indeed soft.

24-04-2023 05:17 GMT by Kenneth Fisher

Video - GBP/USD firms after UK inflation and labour market data

Craig Erlam discusses the latest moves in GBP/USD in light of the recent UK labour market and inflation data.

21-04-2023 08:58 GMT by Craig Erlam

1 … 148 149 150 … 228