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.

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

USD/JPY rockets after BoJ shocker

The Japanese yen has sent the dollar tumbling on Tuesday. USD/JPY has fallen 3.26% and is trading at 132.44 in Europe.

20-12-2022 05:44 GMT by Kenneth Fisher

AUD/USD moves higher ahead of RBA minutes

The Australian dollar has posted gains on Monday. AUD/USD is trading at 0.6717 in the European session, up 0.46%. Will RBA minutes provide any clues? The Reserve Bank of Australia releases the minutes of the December meeting later on Tuesday. The markets will be looking for some clues as to when the RBA might wind up the current tightening cycle.

19-12-2022 12:44 GMT by Kenneth Fisher

Euro edges up as Business Climate improves

EUR/USD has edged higher on Monday. In the European session, EUR/USD is trading at 1.0610, up 0.24%. The week started on a positive note as German business confidence climbed in December.

19-12-2022 08:29 GMT by Kenneth Fisher

USD/JPY dips on possible policy tweak

The Japanese yen has started the week in positive territory. In the European session, USD/JPY is trading at 136.22, down 0.38%.

19-12-2022 06:49 GMT by Kenneth Fisher

NZD/USD shrugs off soft consumer confidence

The New Zealand dollar has started the week on a positive note. NZD/USD is trading at 0.6405 in Europe, up 0.41%. Consumer Confidence falls to record low New Zealand's Westpac Consumer Confidence dropped to its lowest level since 1988, when records first started.

19-12-2022 05:09 GMT by Kenneth Fisher

EUR/USD - A bullish breakout?

OANDA Senior Market Analyst Craig Erlam discusses how EURUSD has traded in the aftermath of the Fed and ECB interest rate decisions.

16-12-2022 08:17 GMT by Craig Erlam

Euro steady as PMIs edge higher

German, eurozone PMIs show improvement EUR/USD is showing limited movement on Friday, with a muted response to today's German and eurozone PMIs for December. German manufacturing improved to 47.4, up from 46.1 and above the consensus of 46.1.

16-12-2022 07:17 GMT by Kenneth Fisher

Swiss franc reverses slide after SNB hike

SNB raises rates by 50 bp, Swiss franc rises Major central banks were in the spotlight this week, as the Federal Reserve and the European Central Bank raised rates by 50 basis points at their final meeting of the year. These moves overshadowed a 50 bp rate increase by the Swiss National Bank, where rate moves are unusual - this week's rate increase, which brought the benchmark rate to 1.0%, was only the third hike this year.

16-12-2022 05:29 GMT by Kenneth Fisher

Fed sends yen sharply lower

The Japanese yen is in positive territory, paring some of the sharp losses from Thursday. In the European session, USD/JPY is trading at 137.12, down 0.48%. Dollar rises as Fed hints at more rate hikes The Japanese yen has shown some strength recently, but it was the dollar's day on Thursday, with broad gains against the majors.

16-12-2022 03:35 GMT by Kenneth Fisher

Oil slumps, gold lower on strong dollar

Oil Crude prices edged lower as a section of the Keystone pipeline restarted and as global recession risks increased after a wave of central banks delivered another strong round of tightening. Oil’s recent rally is running out of steam as risk aversion runs wild. The dollar might be poised to rally here and that should keep some pressure on oil prices. Gold Gold is weakening as markets worry that global central bank tightening will drive recessionary fears and keep the dollar supported here.

15-12-2022 12:44 GMT by Edward Moya

Tightening Thursday (ECB & friends), US data/surveys, labor market refuses to break, oil slumps, gold lower on strong dollar, bitcoin follows broader market

US stocks didn’t stand a chance today after digesting a hawkish FOMC decision and a round of data/surveys that support the argument that the economy is recession bound. The labor market might not be breaking but it is becoming clear the consumer is weakening and manufacturing activity is in a recession. US retail sales posted the largest drop in nearly a year.

15-12-2022 12:41 GMT by Edward Moya

Aussie slides on Fed hawkishness

The Australian dollar is sharply lower on Thursday. In North American trade, AUD/USD is trading at 0.6755, down 1.58%. Australian employment shines Australia's robust labour market continues to impress, with a stellar performance in November.

15-12-2022 12:28 GMT by Kenneth Fisher

Japanese yen extends gains ahead of Fed

The Japanese yen continues to press higher against the US dollar on Wednesday. In the North American session, USD/JPY is trading at 135.08, down 0.38%.

14-12-2022 13:15 GMT by Kenneth Fisher

Aussie calm ahead of Fed, jobs data

The Australian dollar has posted slight gains on Wednesday. In North American trade, AUD/USD is trading at 0.6865, up 0.16%.

14-12-2022 10:10 GMT by Kenneth Fisher

NZD/USD awaits Fed, GDP

Federal Reserve expected to hike by 50 bp All eyes are on the Federal Reserve, which winds up its policy meeting later today. Policy makers are expected to raise rates by 50 basis points at this final meeting of 2022, with an outside chance of a more aggressive 75 basis point hike.

14-12-2022 07:23 GMT by Kenneth Fisher

Pound shrugs as UK inflation dips

There was good news on the UK inflation front, as the November data pointed to a drop in inflation. CPI fell to 10.7% y/y, down from 11.1% in October and below the consensus of 10.9%.

14-12-2022 04:23 GMT by Kenneth Fisher

USD/JPY takes a tumble after soft CPI

The Japanese yen is sharply higher on Tuesday. In the North American session, USD/JPY is trading at 134.97, down 1.95%. US inflation underperforms again The US dollar is in broad retreat after US CPI was softer than expected.

13-12-2022 11:45 GMT by Kenneth Fisher

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