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.

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

Euro on hold ahead of US CPI

EUR/USD continues to have a quiet week and is unchanged on Tuesday, trading at 1.0538. US inflation expected to fall The currency markets have been calm today, but that could change in the North American session, with the release of the US CPI report. The consensus stands at 7.3%, following a 7.7% gain in October.

13-12-2022 07:23 GMT by Kenneth Fisher

Will US inflation shake up pound?

The British pound remains calm this week and is trading at 1.2286, up 0.20%. It is a busy week on the economic calendar, but GBP/USD isn't showing much interest. Today's UK employment data was within market expectations, which resulted in a muted reaction from sleepy sterling.

13-12-2022 05:48 GMT by Kenneth Fisher

EUR/USD steady, US inflation next

EUR/USD is almost unchanged on Monday, trading at 1.0537. Will US inflation report shake up euro? It has been a relatively quiet December for the EUR/USD, which hasn't veered far from the 1.0550 line. That could change this week, with key events out of the US.

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

USD/JPY dips lower as PPI jumps

The Japanese yen has started the week with losses. In the North American session, USD/JPY is trading at 137.44, down 0.64%. Japan's PPI almost unchanged at 9.3% Japanese wholesale inflation climbed 9.3% y/y in November, a drop lower than the 9.4% gain in October.

12-12-2022 11:41 GMT by Kenneth Fisher

AUD/USD drops, confidence data next

The Australian dollar has started the week in negative territory. In European trade, AUD/USD is trading at 0.6766, down 0.44%. Australian dollar eyes confidence releases Australian confidence indicators headed south in the most recent releases - will we see an improvement on Tuesday?

12-12-2022 07:41 GMT by Kenneth Fisher

Pound shrugs as GDP beats forecast

It promises to be a very busy week in the UK, with a host of key events on the calendar. Monday started on a positive note, as GDP for October climbed 0.5%, up from -0.6% in September and ahead of the 0.4% consensus. Investors will have plenty of data to digest, including employment, inflation, retail sales and the Bank of England rate decision.

12-12-2022 05:55 GMT by Kenneth Fisher

GBP/USD edges higher, US PPI looms

The British pound has posted slight gains today. In the European session, GBP/USD is trading at 1.2257, up 0.32%. After a rather uneventful week for the US dollar, next week could be marked by plenty of action, with a host of key releases on both sides of the pond.

09-12-2022 07:15 GMT by Kenneth Fisher

Japanese yen eyes US PPI

The Japanese yen is in positive territory on Friday. In the European session, USD/JPY is trading at 135.92, down 0.57%. USD/JPY has been rather muted this week, with the exception of Monday, when the pair jumped 1.8%.

09-12-2022 06:36 GMT by Kenneth Fisher

NZD/USD yawns as Manufacturing Sales shines

It has been a generally muted week for the New Zealand dollar, save for Monday, when it fell by 1.3% in the aftermath of the strong US employment report. With a light economic calendar this week in both the US and New Zealand, the markets are casting an eye to next week, which is loaded with key events.

09-12-2022 04:54 GMT by Kenneth Fisher

NZD/USD extends gains ahead of Mfg. Sales

The New Zealand dollar is slightly higher on Thursday. In the North American session, NZD/USD is trading at 0.6376, up 0.34%. New Zealand manufacturing in trouble New Zealand's manufacturing sector is showing signs of strain, as high costs and hiring challenges in a tight labour market remain key problems.

08-12-2022 11:54 GMT by Kenneth Fisher

GBP/USD steady, inflation expectations next

The British pound is in negative territory on Thursday. In the European session, GBP/USD is trading at 1.2174, down 0.29%.

08-12-2022 07:48 GMT by Kenneth Fisher

USD/CAD yawns after BoC surprise

Bank of Canada surprises with 50 bp hike The Bank of Canada delivered a second straight 50-bp hike on Wednesday, which brought the cash rate to 4.25%. The markets had been split on whether the BoC would raise by 50 bp or 25 bp, pricing in 33 bp ahead of the decision.

08-12-2022 06:15 GMT by Kenneth Fisher

Oil lower, gold shines

Oil Crude prices declined as energy traders quickly abandoned bullish bets that we will see a price spike once the Russian cap on crude oil would be put in place. It seems oil markets are only caring about a steady deterioration with the demand outlook. The latest EIA crude oil inventory report showed inventories dropped less than expected and exports tumbled. Exports fell 30%, which is the lowest level since October. Gasoline inventories are rising as demand struggles. This report shows

07-12-2022 15:24 GMT by Edward Moya

Aussie shrugs off soft GDP

The Australian dollar is showing limited movement for a second successive day. In European trade, AUD/USD is trading at 0.6696, up 0.12%. Australia's GDP misses forecast Australia's economy underperformed in Q3, with a modest gain of 0.6% m/m.

07-12-2022 08:33 GMT by Kenneth Fisher

All eyes on the Bank of Canada

The Canadian dollar has edged lower on Wednesday. In the European session, USD/CAD is trading at 1.3686, up 0.25%.

07-12-2022 05:55 GMT by Kenneth Fisher

Oil tumbles, gold's safe-haven status

Oil Crude prices tumbled as recession worries dominated the headlines and as the oil market lost its tightness. It seems to have happened quickly but the crude demand outlook is getting crushed as we are in a slowdown basically across all the major economies. Supplies seem plentiful over the near-term and that has everyone hesitating on what was one of the easiest trades of the year. Energy traders are not confidently buying dips, but they will if the current selloff sends prices close to

06-12-2022 16:26 GMT by Edward Moya

Pound edges higher

The British pound has recovered after starting Tuesday with losses. In the North American session, GBP/USD is trading at 1.2247, up 0.40%. The US dollar is finally showing some improvement this week after a recent rough spell against the pound.

06-12-2022 11:20 GMT by Kenneth Fisher

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