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.

Australian-Dollar-Symbol-flag-aud-aussie.jpg
Australian dollar calm after wage growth accelerates
Australia wage growth accelerates in Q1 JP Morgan expects Fed to trim rates The Australian dollar is steady on Wednesday. AUD/USD is trading at 0.6650 in Europe, down 0.06% on the day. Australian wage growth rises Australia's wage price index jumped in the first quarter.
17-05-2023 06:07 GMT by Kenneth Fisher
usd-jpy.jpg
USD/JPY continues rally ahead of Japanese GDP
USD/JPY continues to rally Japan releases GDP on Wednesday Fed members warn that more rate hikes on the table USD/JPY continues to rally and is up for a fourth straight day and has gained an impressive 230 points during that time. USD/JPY is up 0.37% on the day, trading at 136.62. Japan releases GDP for second-quarter growth early on Wednesday.
16-05-2023 12:04 GMT by Kenneth Fisher
Jobs.jpg
GBP/USD calm after mixed UK jobs report, US retail sales
UK wage growth, unemployment claims accelerate Fed members warn higher rates still on the table After three straight days of sharp movement, the pound has settled down on Tuesday and is slightly lower, trading at 1.2496. UK wages accelerate, unemployment rises Is the UK labour market showing signs of strain? Today's employment numbers are pointing in that direction.
16-05-2023 11:18 GMT by Kenneth Fisher
reserve_bank_australia.jpg
Aussie shrugs off RBA minutes, weak consumer confidence
RBA minutes state further rate hikes possible Australian consumer confidence sinks Australian wage growth to be released on Wednesday The Australian dollar has taken investors on a wild ride over the past few days but has settled down on Tuesday. AUD/USD is trading at 0.6687 in Europe, down 0.13% on the day. RBA minutes indicate more rate hikes possible The RBA released the minutes of its meeting earlier this month.
16-05-2023 06:04 GMT by Kenneth Fisher
australian-dollar-aussie-bill.jpg
AUD/JPY Technical: Potential push up within a major range
Two conflicting fundamental factors are driving the short-term movement of the Aussie dollar. RBA’s hawkish rhetoric has provided a potential floor but a weak external environment due to China prevents bulls from taking an aggressive stance. AUD/JPY key short-term support stands at 90.30 with major range resistance coming in at 92.10/92.80. The Aussie dollar seems to be trapped by two conflicting fundamental factors in the short to medium-term horizon. Firstly, the positive factor that suppor
16-05-2023 01:21 GMT by Kelvin Wong
jobs-uk-construction.jpg
GBP/USD ends slide, employment report next
Empire State Manufacturing Index plummets Markets await UK employment, US retail sales on Tuesday British pound rebounds after sharp slide GDP/USD has started the week in positive territory, after a two-day slide that saw the pound lose 1.5%. In the North American session, GBP/USD is trading at 1.2514, up 0.54%. On the economic calendar, it's a fairly quiet start to the week.
15-05-2023 11:23 GMT by Kenneth Fisher
AdobeStock_185284146-2-scaled.jpeg
Oil rebounds on weaker dollar, Gold wavers, Bitcoin off two-month lows
Oil falls $10 since beginning of the year Gold steadies after three-day drop Crypto ETFs see $163 million in net outflows in the past month Oil Crude prices pared gains after a disappointing Empire State manufacturing report showed the Fed’s aggressive rate hiking campaign is starting to really knock down the economy.  Turkey’s Ceyhan port has yet to resume flows with Baghdad, and government approval might take longer given the lack of clarity with the presidential election.  The dollar rally h
15-05-2023 11:21 GMT by Edward Moya
AdobeStock_563329473-scaled.jpeg
Stocks boosted on premature debt ceiling deal hope
Empire Survey: 49% report that conditions worsened Fed's Kashkari "We at the Federal Reserve probably have more work to do on our end to try to bring inflation back down" President Erdogan will face Kemal Kilicdaroglu in a run-off ballot on May 28 US stocks are stuck in wait-and-see mode until we get the next debt ceiling talk update.  Over the weekend, President Biden provided optimism that a deal could be reached, but no meaningful concessions have been made from either side. Until we have Re
15-05-2023 09:43 GMT by Edward Moya
australian-dollar-aussie-flag-3d.jpg
Australian dollar stems bleeding, RBA minutes eyed
Australia to release RBA minutes and consumer sentiment US debt crisis pushes US yields and the US dollar higher AUD/USD has rebounded on Monday, after a steep slide of 2% over the previous two sessions. The Australian dollar is trading at 0.6689, up 0.71% on the day. Markets await RBA minutes RBA minutes are often on the dull side, but Tuesday's release could be an exception.
15-05-2023 08:15 GMT by Kenneth Fisher
Flag_of_New_Zealand.png
New Zealand dollar rebounds after sharp losses
New Zealand dollar rebounds after sharp losses on Friday New Zealand Services Index contracts US consumer confidence slips, inflation expectations rise The New Zealand dollar has started the week with strong gains. NZD/USD is trading at 0.6218, up 0.46% on the day.
15-05-2023 05:07 GMT by Kenneth Fisher
AdobeStock_161920891-1-scaled.jpeg
Mountain of risks has dollar poised for best week since February
Dollar index rises to best levels since April 10th (euro falls to one-month low) Rising inflation expectations keeps future Fed rate hike risks in play Consumer sentiment tumbled 9% as recession worries persist US stocks are softer as banking jitters persist and after a steady dose of reminders of all the risks that remain on the table; Treasury Secretary Yellen reiterated that a default would be “an economic and financial catastrophe.”, while Fed’s Bowman warned that they will likely need to r
12-05-2023 13:28 GMT by Edward Moya
australian-dollar-aussie-flag-3d.jpg
The Aussie takes a tumble, UoM Consumer Sentiment next
Australia's inflation expectations higher than expected US inflation unlikely to sway Fed UoM consumer sentiment expected to ease AUD/USD is down 0.19% today, trading at 0.6688. Australia's consumer inflation expectations rise Australia's consumer inflation expectations climbed to 5.0% in May, matching the estimate and above the April reading of 4.6%. This is not what the Reserve Bank of Australia wants to hear - if inflation expectations keep rising and become entrenched, it can manifest int
12-05-2023 07:29 GMT by Kenneth Fisher
AdobeStock_83504012.jpeg
GBP/USD flat as UK GDP a mixed bag
UK GDP remains steady at 1% in Q4 BoE raises rates by 25 bp BoE revises upwards its growth, inflation forecasts UoM consumer sentiment expected to slow GBP/USD is trading at 1.2517 in Europe, almost unchanged. In the UK, GDP declined by 0.3% in March m/m, below the 0.1% estimate and the February reading of 0.0%. Still, the economy managed to gain 0.1% in the first quarter, unchanged from Q4 2022 and matching the estimate. BoE raises rates by 25 bp, revises inflation, GDP forecasts There was
12-05-2023 05:55 GMT by Kenneth Fisher
newzealand_map.jpg
NZ dollar slide continues as inflation expectations ease
New Zealand Inflation Expectations falls to 2.79% US unemployment claims rise UoM consumer sentiment to be released later today The New Zealand dollar is getting pummelled by the US dollar and is trading at 0.6240, down 0.93% on the day. This follows a drop of 1.07% on Thursday. New Zealand inflation expectations decline The week is ending on a high note for policy makers at the Reserve Bank of New Zealand.
12-05-2023 05:11 GMT by Kenneth Fisher
BoE-1-hi-res-1.jpeg
BoE more optimistic on the economy after raising rates by 0.25%
The Bank of England hiked interest rates by another 25 basis points today, taking the base rate to 4.5% while making significant tweaks to their economic forecasts. The MPC is now of the belief that the economy will avoid recession this year and significantly revised up its GDP forecast, albeit to mild growth. What's more, its forecast for inflation was also much higher which may indicate it will have to go further and hold for longer in order to get back to target.
11-05-2023 13:42 GMT by Craig Erlam
national-bank-g57ca7a76e_1280-1.jpg
Swiss franc falls despite SNB Jordan's hawkish message
SNB's Jordan says cannot exclude further hikes US PPI dips, unemployment claims jump The Swiss franc has fallen considerably on Thursday. In the North American session, USD/CHF is trading at 0.8950, up 0.59% on the day. SNB head Jordan says more tightening possible Swiss National Bank President Jordan reiterated a hawkish message on Wednesday that he sent out a week ago.
11-05-2023 11:00 GMT by Kenneth Fisher
1 … 153 154 155 … 236