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.

Japanese yen rebounds on BOJ purchases

The Japanese yen has posted gains on Thursday, putting the brakes on this week's dollar rally of over 1%. In the European session, USD/JPY is trading at 133.64, down 0.60%. This week has been marked by low liquidity, with many traders closing their books or taking a holiday at the end of the year.

29-12-2022 06:07 GMT by Kenneth Fisher

New Zealand dollar pares sharp gains

The New Zealand dollar has posted gains on Wednesday. In the North American session, NZD/USD is trading at 0.6306, up 0.49%.

28-12-2022 12:49 GMT by Kenneth Fisher

Swiss franc showing strength

Market activity is subdued on Wednesday in thin post-holiday trade. In the European session, USD/CHF is almost trading at 0.9280, down 0.14%. Over the final two months of the year, the Swiss franc has looked sharp against the US dollar.

28-12-2022 07:30 GMT by Kenneth Fisher

Yen extends losses after summary of opinions

The Japanese yen continues to lose ground this week and is in negative territory on Wednesday. In the European session, USD/JPY is trading at 134.11, up 0.49%. Post-Christmas holiday trading remains thin, but USD/JPY has made steady gains and climbed 1% this week.

28-12-2022 04:47 GMT by Kenneth Fisher

Japanese yen dips, inflation rises

US and Japanese markets are open on Tuesday, but trading remains thin after the Christmas holiday. There are some key Japanese events on the calendar, although US releases are all tier-2 events.

27-12-2022 12:21 GMT by Kenneth Fisher

Canadian dollar ends week with gains

Canadian and US markets are closed on Monday and we are seeing very little movement from USD/CAD at the start of the new trading week. Canada's GDP stays steady Ahead of the Christmas holiday, there was plenty of action on Friday. Canada's GDP remains steady, with a modest 0.1% gain in November, identical to the October release.

26-12-2022 12:03 GMT by Kenneth Fisher

Yen edges lower, Kuroda says no exit planned

With most financial markets closed on Monday, trading will be thin. Japanese markets are open and USD/JPY has edged higher, trading at 132.82, up 0.34%. Kuroda plays down yield curve move The Bank of Japan announced a policy change last week, and the ramifications were massive for the Japanese yen, as USD/JPY jumped as much as 4.8% following the move.

26-12-2022 06:23 GMT by Kenneth Fisher

Yen steady after core inflation as expected

The dust is beginning to settle after the Bank of Japan's stunning move earlier this week. At its policy meeting, the BoJ widened the yield curve on long-term bonds from 0.25% to 0.50%. The move blindsided the markets, which had anticipated a ho-hum BoJ meeting with no changes in policy.

23-12-2022 07:48 GMT by Kenneth Fisher

Canadian dollar eyes GDP, US data

The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3600, down 0.33%. We could see stronger movement from the Canadian dollar in the North American session, with key events in both Canada and the US.

23-12-2022 06:43 GMT by Kenneth Fisher

US Close: bye-bye Santa rally, grinch selloff is here to stay, US data, Micron gloom, oil wavers, gold drops, cryptos lower

The Grinch selloff is firmly in place after Micron delivered a gloomy outlook and as better-than-expected US economic data supported the Fed's case for more ongoing rate increases. Global coordinated central bank tightening has yet to fully impact most of the economic readings for the major economies and that should have investors nervous over earnings downgrades and credit risks. US data Following another round of economic data, the US economy doesn’t look like it wants to head into a reces

22-12-2022 14:01 GMT by Edward Moya

Japanese yen steady ahead of CPI

The Japanese yen has edged higher on Thursday. In the European session, USD/JPY is trading at 132.09, down 0.27%. The dust has settled after Tuesday's dramatic events, when the yen shot up 3.7%.

22-12-2022 08:09 GMT by Kenneth Fisher

Euro steady on light data calendar

EUR/USD continues to drift this week, content to stick close to the 1.06 line. There are no eurozone releases today, so I expect the euro to continue treading in place for the remainder of the day. This week's data calendar in Europe has been very light, with mostly tier-2 releases.

22-12-2022 07:16 GMT by Kenneth Fisher

Canadian dollar yawns after mixed CPI report

The Canadian dollar continues to have an uneventful week. USD/CAD is unchanged on Thursday, trading at 1.3608 in the European session. Canada's CPI slows to 6.8% There was mixed news from Canada's November inflation report and the Canadian dollar showed little reaction.

22-12-2022 05:50 GMT by Kenneth Fisher

Euro steady after German consumer confidence

EUR/USD continues to have a quiet week, as the euro appears content to trade close to the 1.06 line. German consumer confidence ticks higher Germany's consumer confidence is inching higher but remains buried in negative territory. The GfK Consumer Sentiment Index is forecasting a read of -37.8 for January, up slightly from -40.1 in December and above the consensus of -38.0 points.

21-12-2022 13:39 GMT by Kenneth Fisher

GBP/USD under pressure, UK GDP next

GBP/USD is sharply lower on Wednesday. In the North American session, the pound is trading at 1.2093, down 0.74%. Retail sales outperform There was an unexpected surprise from the UK CBI Realized Sales today.

21-12-2022 11:25 GMT by Kenneth Fisher

USD/CAD calm ahead of Canadian CPI

USD/CAD has posted small gains on Wednesday and is trading at 1.3631 in the European session. Canadian dollar eyes inflation report Canada releases the November inflation report later today. The inflation print will be closely watched by investors, as the releases could signal what action the Bank of Canada takes next.

21-12-2022 07:23 GMT by Kenneth Fisher

Japanese yen steadies after massive gains

The Japanese yen is unchanged on Wednesday, taking a pause after posting huge gains a day earlier. In the European session, USD/JPY is trading at 131.68. BoJ yield move sends yen soaring It was a day to remember for the Japanese yen, which gained a staggering 3.7% against the dollar.

21-12-2022 05:45 GMT by Kenneth Fisher

Stocks to try end slide, BOJ stuns markets, housing weakness, modest crypto gains

US stocks are attempting to snap a four-day losing streak even as hopes for a Santa Claus rally fade away. The BOJ's yield pivot sent the dollar tumbling which gave all risky assets a little jingle.

20-12-2022 12:44 GMT by Edward Moya

Euro eyes German consumer confidence

EUR/USD continues to drift and is showing little movement on Tuesday. In the European session, EUR/USD is trading at 1.0630, up 0.21%. German consumer confidence expected to remain low In Germany, Ifo Business Confidence improved to its highest level in five months on Monday, showing a rebound in optimism across the manufacturing and service sectors.

20-12-2022 12:21 GMT by Kenneth Fisher

AUD/USD slides after dovish RBA minutes

The Australian dollar has posted sharp losses on Tuesday. AUD/USD is trading at 0.6647 in the North American session, down 0.77%. Minutes - RBA considered pause The markets were hoping that the RBA minutes would provide clues as to when the RBA might wind up its tightening cycle, and the RBA appeared to deliver the goods. The minutes indicated that the central bank considered pausing its tightening in December.

20-12-2022 09:13 GMT by Kenneth Fisher

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