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.

Euro eyes German CPI

It has been a busy start to the week for EUR/USD, which gained 100 points earlier in today but has given up almost all of these gains. In the North American session, EUR/USD is trading at 1.0384. German CPI projected to decline Inflation is running at a double-digit clip in the eurozone and Germany, and the ECB is keeping a careful eye on Tuesday's German CPI for November, with a consensus of -0.2%, compared to a gain of 0.9% in October.

28-11-2022 11:57 GMT by Kenneth Fisher

USD/JPY - China jitters propel yen higher

After strong gains last week, the Japanese yen has extended its gains on Monday. USD/JPY is trading at 138.23 in the European session, down 0.67%. Yen jumps on China unrest China has applied its Covid-zero policy with a heavy hand, but Covid cases continue to rise nonetheless.

28-11-2022 07:45 GMT by Kenneth Fisher

Aussie sinks on China unrest, retail sales

The Australian dollar has started the trading week with sharp losses. AUD/USD is down 0.70% in Europe, trading at 0.6704. China jitters send Australian dollar tumbling Covid cases continue to rise in China despite the government's zero-Covid policy, and the mass lockdowns have triggered protests across China.

28-11-2022 04:30 GMT by Kenneth Fisher

Euro steady as German data improves

US markets are open for limited hours today, and investors are focussed on the World Cup and Black Friday rather than the US dollar. EUR/USD is trading quietly at 1.0392, down 0.18%. German data has not been spectacular this week, but nonetheless is moving in the right direction, as the German economy is in decent shape.

25-11-2022 07:56 GMT by Kenneth Fisher

USD/JPY rises in subdued trading

USD/JPY has reversed directions and posted gains on Friday, after three straight losing sessions. The yen is trading at 139.39, up 0.54% on the day.

25-11-2022 05:53 GMT by Kenneth Fisher

NZD/USD down despite rise in retail sales

The New Zealand dollar has edged lower on Friday. In the European session, NZD/USD is trading at 0.6244, down 0.33%. Retail sales post modest gain It wasn't a spectacular rebound by any means, but New Zealand's retail sales showed a gain in Q3.

25-11-2022 04:31 GMT by Kenneth Fisher

Japanese yen extends rally

The Japanese yen has posted strong gains for a third straight day. USD/JPY is trading at 138.43, down 0.82% on the day.

24-11-2022 12:21 GMT by Kenneth Fisher

NZD/USD higher ahead of retail sales

The New Zealand dollar continues to gain ground this week. In the North American session, NZD/USD is trading at 0.6267, up 0.35%. New Zealand will release retail sales for Q3 later in the day.

24-11-2022 11:28 GMT by Kenneth Fisher

Euro rally fizzles in quiet holiday trade

EUR/USD is unchanged on Thursday, trading at 1.0393. With the US markets closed for the Thanksgiving holiday, we're unlikely to see much movement from the US dollar. German business confidence edged slightly higher in November.

24-11-2022 06:30 GMT by Kenneth Fisher

Pound steadies after sterling performance

The British pound has steadied on Thursday, after soaring 1.4% a day earlier. In the European session, GBP/USD is trading at 1.2074, up 0.17%. The pound has enjoyed a splendid November, gaining 5.3%.

24-11-2022 04:44 GMT by Kenneth Fisher

Sterling soars despite soft PMIs

The British pound has posted sharp gains on Wednesday. In the North American session, GBP/USD is trading at 1.2063, up 1.51%.

23-11-2022 11:14 GMT by Kenneth Fisher

USD/CAD eyes Macklem, FOMC

The Canadian dollar has edged lower on Wednesday. In the North American session, USD/CAD is trading at 1.3428, up 0.42%. Is Canada heading towards a recession? The Canadian consumer is in a sour mood.

23-11-2022 08:37 GMT by Kenneth Fisher

NZD/USD rises after RBNZ's jumbo hike

The New Zealand dollar has extended its rally on Wednesday. In the European session, NZD/USD is trading at 0.6181, up 0.47%. RBNZ delivers record hike The Reserve Bank of New Zealand pushed the rate pedal to the floor today, with a supersize rate hike of 75 basis points, a record high.

23-11-2022 05:41 GMT by Kenneth Fisher

Stocks rise on downshift hopes, Dollar lower for now, Best Buy brings holiday cheer, US data, Gold rebound faded, Crypto benefits from Wall Street rally

US stocks are rallying as Wall Street continues to expect the Fed to downshift their tightening pace next month and on optimism that the risk of a railroad strike fueling inflation is low. The latest round of Fed speak did not teach us anything new.

22-11-2022 13:28 GMT by Edward Moya

Oil prices rebound, gold

Oil Crude prices are still rebounding from yesterday’s Saudi denial that OPEC+ was considering an output increase. Oil is having a tug-of-war with China's Covid demand concerns getting countered with what appears to be a motivated Saudi Arabia to keep the oil market tight. White House official Hochstein said that the US can still manage any energy emergency with the SPR. He also noted that it will be opportunistic about refilling the SPR and that they could look to immediately repurchase oil w

22-11-2022 13:21 GMT by Edward Moya

USD/CAD rises as retail sales slip

The Canadian dollar is in positive territory on Tuesday. In the North American session, USD/CAD is trading at 1.3400, down 0.39%. Canada's retail sales decline The Canadian consumer was not in a spending mood in September, as retail sales declined by 0.5%, following a 0.4% gain a month earlier.

22-11-2022 12:18 GMT by Kenneth Fisher

Oil rebounds, gold gains ground

OPEC+ speculation drives oil market volatility Oil prices are bouncing back as OPEC+ members continue to reject reports of an output hike at the next meeting. An announcement from the G7 around the Russian oil price cap is due any day now and could complicate the group's mission to balance supply and demand in the market, especially if the Kremlin responds by slashing exports to participating countries, as they've threatened. That Russia is a key member of the alliance seriously complicates matt

22-11-2022 11:11 GMT by Craig Erlam

NZD dollar bounces back ahead of RBNZ meet

The New Zealand dollar has rebounded on Tuesday with strong gains. In the European session, NZD/USD is trading at 0.6151, up 0.83%. Will RBNZ go all out? The Reserve Bank of New Zealand has been tightening aggressively, delivering five straight 50-point hikes.

22-11-2022 07:31 GMT by Kenneth Fisher

Yen steadies as inflation rises

The Japanese yen has stabilized on Tuesday and is trading at 141.58, down 0.37%. USD/JPY rocketed higher on Monday, gaining 1.2%. BoJ Core CPI jumps to 2.7% With inflation continuing to gain traction in Japan, there shouldn't have been much surprise that BoJ Core CPI accelerated in October for a ninth successive month.

22-11-2022 04:26 GMT by Kenneth Fisher

USD/JPY jumps to 142, BOJ Core CPI next

The Japanese yen is getting pummeled at the start of the trading week. In the North American session, USD/JPY is trading at 141.90, up 1.09%. Will BoJ Core CPI continue its upswing? Japan releases BoJ Core CPI, the Bank of Japan's preferred inflation indicator later today. The indicator has accelerated for eight consecutive months, as inflation continues to move higher.

21-11-2022 12:42 GMT by Kenneth Fisher

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