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.

USD/CAD eyes Bank of Canada meet

The Canadian dollar is slightly lower on Tuesday. In the European session, USD/CAD is trading at 1.3620, up 0.24%. What does the Bank of Canada have planned? The Bank of Canada has been aggressive in its tightening, including a whopping full-point hike in July, which brought the cash rate to 2.50%.

06-12-2022 08:24 GMT by Kenneth Fisher

Aussie steadies as RBA hikes by 25 bp

The Australian dollar is in positive territory on Tuesday, after sustaining losses of 1.4% a day earlier. In European trade, AUD/USD is trading at 0.6721, up 0.35%. RBA raises cash rate by 25 bp The Reserve Bank of Australia lifted interest rates by 25 basis points, bringing the cash rate to 3.1%.

06-12-2022 04:30 GMT by Kenneth Fisher

Euro dips lower on weak euro data

EUR/USD is steady at the start of the week. In the North American session, EUR/USD is trading at 1.0534, down 0.06%. The US dollar has been struggling and fell 1.5% against the euro last week.

05-12-2022 10:46 GMT by Kenneth Fisher

USD/JPY roars back after solid NFP

The Japanese yen has been on an impressive streak but has dropped sharply on Monday. USD/JPY is trading at 135.83, up 1.13% on the day. Nonfarm payrolls boosts US dollar The US dollar is showing some signs of life, courtesy of Friday's US employment report, which was stronger than expected.

05-12-2022 10:01 GMT by Kenneth Fisher

Australian dollar calm ahead of RBA

The Australian dollar has posted slight gains at the start of the trading week. AUD/USD is trading at 0.6801, up 0.10%. RBA likely to deliver 25-bp hike The Reserve Bank of Australia meets on Tuesday and is expected to hike by 25 bp for a third straight time.

05-12-2022 06:09 GMT by Kenneth Fisher

Oil risk, gold steadies, bitcoin cautious

Steady going into a highly uncertain weekend Oil prices are quite steady on approach to the weekend. There remains considerable uncertainty around the action OPEC+ will take when it meets on Sunday, although there's every chance that the meeting will be delayed or that discussions take longer than normal, as a result of the price cap being finalized by the EU. A cap of around $60 is now reportedly close to being signed off, the impact of which is still unclear as Russia already sells to its tr

02-12-2022 06:31 GMT by Craig Erlam

Euro pauses after sharp gains, NFP looms

EUR/USD is unchanged on Friday, trading at 1.0524. US nonfarm payrolls expected to drop to 200K The week wraps up with one of most important releases on the calendar, US nonfarm payrolls. The robust labour market is showing signs of cooling down, as rising interest rates have slowed economic activity.

02-12-2022 05:31 GMT by Kenneth Fisher

Australian dollar steady ahead of NFP

The Australian dollar has posted small gains today and is trading at 0.6816. After starting the week with sharp losses, AUD/USD has rebounded and hit a 13-week high on Thursday, at 0.6845. All eyes on US nonfarm payrolls Today's highlight is the US nonfarm employment report, with a consensus of 200,000 for November.

02-12-2022 04:45 GMT by Kenneth Fisher

USD/CAD drifting ahead of job reports

The Canadian dollar continues to show limited movement. In the European session, USD/CAD is almost unchanged at 1.3433.

02-12-2022 03:44 GMT by Kenneth Fisher

Stocks volatile ahead of NFP, US Data, BOJ Tamura’s first impression, Tether loan concerns

US stocks were unable to hold onto earlier gains as Wall Street digested a swathe of economic data that showed inflation is easing and the labor market is cooling. It’s been a nice rally but no one wants to be aggressively bullish heading into the NFP report.

01-12-2022 14:23 GMT by Edward Moya

Soft German retail sales can't stop EUR/USD

The euro has climbed to its highest level since June 29th, as the US dollar continues to struggle. In the North American session, EUR/USD is trading at 1.0496, up 0.85%. German retail sales slide German consumers are being squeezed by the double-whammy of rising interest rates and double-digit inflation, and the October retail sales report shows that consumer spending was sharply lower.

01-12-2022 12:31 GMT by Kenneth Fisher

Australian dollar flies after Powell speech

AUD/USD continues to power upwards and hit 10-week highs earlier today. The Australian dollar climbed 1.5% on Wednesday and has edged higher today.

01-12-2022 06:07 GMT by Kenneth Fisher

NZD rises despite soft bus. confidence

The New Zealand dollar has extended its gains on Wednesday. In the North American session, NZD/USD is trading at 0.6235, up 0.54%. Business Confidence slides New Zealand's ANZ Business Confidence has been in a deep freeze for months, but things got even uglier in November, with a reading of -57.1.

30-11-2022 12:38 GMT by Kenneth Fisher

Canadian dollar ends slide, Powell next

The Canadian dollar has posted slight gains on Wednesday. In the North American session, USD/CAD is trading at 1.3541, down 0.28%. Will Powell's speech be a market-mover? All eyes are on Fed Chair Powell, who will deliver a speech later today at the Brookings Institute in Washington.

30-11-2022 11:31 GMT by Kenneth Fisher

Oil powers higher, gold range-bound

Immense uncertainty It was always shaping up to be a volatile week in oil markets and it's certainly living up to that. Brent and WTI are up more than 2% on Wednesday as the EU continues to work towards an agreeable price cap on Russian crude and OPEC+ consider another large production cut this weekend. Both carry significant uncertainty and a wide range of outcomes that should ensure oil remains volatile in the coming days, especially if both go into the weekend still up in the air.

30-11-2022 08:46 GMT by Craig Erlam

EUR/USD edges higher as CPI falls

It continues to be a quiet week for the euro. In the European session, EUR/USD is trading at 1.0363. Eurozone inflation falls to 10.0% The ECB's number one priority has been bringing down inflation, which has hit double-digits.

30-11-2022 06:39 GMT by Kenneth Fisher

Aussie higher after CPI dips

The Australian dollar has extended its gains on Wednesday. AUD/USD is trading at 0.6723 in Europe, up 0.54%. Australian inflation falls below 7% Australia inflation surprised on the downside with a 6.9% gain (YoY) in October.

30-11-2022 04:42 GMT by Kenneth Fisher

Yen extends gains

The yen is in positive territory for a second straight day. In the North American session, USD/JPY is trading at 138.60, down 0.23%.

29-11-2022 10:02 GMT by Kenneth Fisher

Canadian dollar steadies ahead of GDP

The Canadian dollar has steadied on Tuesday, after starting the week with sharp losses. In the European session, USD/CAD is trading at 1.3444, down 0.37%. Canada's GDP expected to slow Canada will release third-quarter GDP later today, with a consensus of a 1.5% gain.

29-11-2022 07:09 GMT by Kenneth Fisher

AUD/USD storms higher

The Australian dollar has rebounded on Tuesday after a poor start to the week. In the European session, AUD/USD is trading at 0.6737, up 1.28%. What goes down ...

29-11-2022 05:38 GMT by Kenneth Fisher

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