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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.

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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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