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.

Pound jumps as BoE hints at 50-bp hike

The British pound has posted sharp gains on Thursday. In the North American session, GBP/USD is trading at 1.2153, up 0.68%. BoE points to further rate hikes BoE Governor Andrew Bailey was in the spotlight today as he testified about last week's Monetary Policy report before a parliamentary committee.

09-02-2023 12:04 GMT by Kenneth Fisher

Euro gains ground, German CPI inches upwards

The euro has posted strong gains on Thursday. EUR/USD is trading at 1.0749, up 0.57%. German CPI ticks higher German inflation came in at 8.7% y/y in January, up from 8.6% in December.

09-02-2023 06:14 GMT by Kenneth Fisher

Japanese yen steady after sharp gains

The Japanese yen has edged lower on Wednesday, after gaining over 1% a day earlier. USD/JPY is trading at 131.25 in the North American session, up 0.15%. Williams delivers Fed pushback The equity markets were bracing for a strong pushback from Jerome Powell, as they have consistently underestimated the Fed's hawkish message.

08-02-2023 13:33 GMT by Kenneth Fisher

Market Insights Podcast (Episode 429)

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart. They discussed the State of the Union address, Fed Chair Powell's interview with David Rubenstein, and cryptos.

08-02-2023 09:26 GMT by Edward Moya

GBP/USD punches past 1.21, Bailey up next

The British pound is in positive territory on Wednesday. In the European session, GBP/USD is trading at 1.2107, up 0.47%.

08-02-2023 07:46 GMT by Kenneth Fisher

EUR/USD dips to 1-month low

The euro has fallen for three straight sessions and has extended its losses on Tuesday. Earlier in the day, EUR/USD fell below the 1.07 line for the first time since Jan.

07-02-2023 07:23 GMT by Kenneth Fisher

Aussie jumps after RBA hike

The Australian dollar has posted strong gains on Tuesday. In the European session, AUD/USD is trading at 0.6934, up 0.75%. RBA expected to raise rates There were no surprises from the RBA, which raised rates by 25 basis points, for a record ninth straight hike.

07-02-2023 05:46 GMT by Kenneth Fisher

EUR/USD extends losses

The euro continues to lose ground and has started the week in negative territory. In the European session, EUR/USD is trading at 1.0783, down 0.19%.

06-02-2023 08:02 GMT by Kenneth Fisher

Australian dollar takes an NFP tumble

After a miserable end to the week, the Aussie is steady on Monday and is trading at 0.6912. The January US nonfarm payrolls was a blowout that shocked the markets. The economy created a stunning 517,000 new jobs, crushing the estimate of 185,000 and well above the previous read of 260,000.

06-02-2023 04:31 GMT by Kenneth Fisher

US Close - Fed irked by NFP shocker and ISM data, Oil sharply reverses, Gold crushed, Bitcoin rally stalls

After a busy and volatile week that included the end of Fed Chair Powell’s hawkish tone and mega-cap tech earnings disappointments, Wall Street should not have been surprised that today’s employment report would rattle markets. An impressive nonfarm payroll report was quickly followed by a report that showed the service sector is refusing to break. US stocks are dropping as investors realize the bearish move love with Treasury yields is over as the Fed may have to deliver a couple more rate hik

03-02-2023 14:13 GMT by Edward Moya

Pound stems nasty slide

The British pound is showing little movement on Friday, after plunging 1.2% a day earlier. In the European session, GBP/USD is trading at 1.2210. Major central bank announcements have been in the spotlight this week, including the Federal Reserve and Bank of England rate decisions.

03-02-2023 05:43 GMT by Kenneth Fisher

ECB raises rates but euro falls

The euro is catching its breath on Friday after some sharp swings over the past two days. EUR/USD is trading quietly at the 1.09 line. Fed, ECB send euro on a wild ride This week's central bank rate announcements sent the euro on a roller-coaster ride.

03-02-2023 03:57 GMT by Kenneth Fisher

Stocks rally on Fed aftermath and Meta results, ECB plays catch up, oil in no man’s land, gold lower, bitcoin rallies

US stocks are rallying as the Fed has one or two more quarter-point rate rises left in this rate-hiking cycle. The post-Fed playbook was fairly straightforward as traders bought up risky assets after Fed Chair Powell’s dovish tone.

02-02-2023 15:30 GMT by Edward Moya

GBP/USD sliding after dovish BoE hike

The British pound has posted sharp losses on Thursday and continues to lose ground in the North American session. GBP/USD is trading at 1.2251, down 0.98%. BoE raises rates, but less pessimistic The major central banks remain the focus of the market's attention.

02-02-2023 12:07 GMT by Kenneth Fisher

Euro drifting ahead of ECB meeting

The euro is showing limited movement on Thursday, ahead of the ECB rate meeting. In the European session, EUR/USD is trading at 1.1000. Euro jumps on dovish Powell Investors liked what they heard from Jerome Powell at the Fed meeting, which sent the US dollar broadly lower.

02-02-2023 07:10 GMT by Kenneth Fisher

Aussie hits 8-month high after Fed meet

After a sluggish start to the week, AUD/USD bounced back on Wednesday with gains of 1.18%. The pair has edged lower on Thursday and is trading at 0.7137 in the European session. Powell sends US dollar lower The Federal Reserve raised rates by 25 basis points at the Wednesday meeting, as expected.

02-02-2023 04:41 GMT by Kenneth Fisher

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP cools, No surprise from OPEC/US stockpiles rise, Gold higher, Crypto

US stocks went on a Fed rollercoaster ride; weakening after the statement suggested the Fed will stick to their rate hiking guns, but rallying after a dovish press conference that didn't see Powell defend their dot plots and had him say for the first time that the disinflation process has begun. If the next couple of inflation reports show pricing pressures continue to ease, the Fed may finish this tightening cycle in March.

01-02-2023 15:34 GMT by Edward Moya

Pound in holding pattern ahead of Fed, BOE

It has been a quiet week for the British pound, but that could change in a hurry, with the Fed announcing its rate decision later today, followed by the Bank of England on Thursday. Markets eye Fed decision It's a virtual guarantee that the Federal Reserve will raise rates at today's meeting by 25 basis points. This would bring the benchmark rate to 4.75%.

01-02-2023 12:43 GMT by Kenneth Fisher

Euro higher after eurozone inflation falls

It has been a quiet week for EUR/USD which continues to say close to the 1.09 line. The lack of activity could change in a hurry in the North American session, with the Fed rate announcement. Eurozone inflation slides in January Eurozone inflation is expected to be 8.5% in January, down from 9.2% in December and below the consensus of 9.0%.

01-02-2023 05:45 GMT by Kenneth Fisher

NZD/USD steady ahead of employment release

The New Zealand dollar has edged lower on Tuesday. In the North American session, NZD/USD is trading at 0.6462, down 0.10%. Markets await New Zealand job data New Zealand releases the Q4 employment report later today.

31-01-2023 11:51 GMT by Kenneth Fisher

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