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.

Australian dollar powers higher

The Australian dollar continues to gain ground and hit a two-month high earlier today. In the European session, AUD/USD is trading at 0.6756, up 0.85%. RBA to limit forward guidance The Reserve Bank of Australia minutes noted that the use of forward guidance had been useful during the Covid pandemic, but it would no longer remain a tool unless "appropriate".

15-11-2022 05:35 GMT by Kenneth Fisher

BoE facing tough decisions

Equity markets are looking slightly positive in early trade on Tuesday, adding to modest gains at the start of the week. While the rally is perhaps slowing a little after the strong gains of recent weeks, there doesn't appear to be much appetite at this stage to bail on it. Perhaps the experience of the last year and the huge declines in equity markets have left investors seeing substantial value and they've become excited at even the prospect of a bull run.

15-11-2022 04:20 GMT by Craig Erlam

British pound fall, jobs report next

The British pound has started the week with considerable losses. In the North American session, GBP/USD is trading at 1.1733, down 0.83%. US dollar claws back It was a week to forget for the US dollar, which tumbled against the major currencies.

14-11-2022 10:50 GMT by Kenneth Fisher

Australian dollar takes a pause

The Australian dollar is in negative territory today, after posting huge gains last week. In the European session, AUD/USD is trading at 0.6690, down 0.22%. The US dollar took a nasty spill last week, and the Australian dollar made the most of it, gaining 3.6%.

14-11-2022 08:37 GMT by Kenneth Fisher

USD/JPY claws back

After a huge rally last week, the Japanese yen has reversed directions today. USD/JPY is trading at 140.21, up 0.99%.

14-11-2022 04:53 GMT by Kenneth Fisher

EUR/USD - Dollar tumbles after CPI data

OANDA Senior Market Analyst Craig Erlam discusses how EURUSD responded to the October US inflation data.

11-11-2022 11:15 GMT by Craig Erlam

New Zealand dollar keeps on rolling

The New Zealand dollar is higher today, extending the huge gains seen on Thursday. In the European session, NZD/USD is trading at 0.6048, up 0.35%. NZ Manufacturing PMI contracts In the new era of spiralling inflation and rising interest rates, manufacturing in the major economies has been hard hit.

11-11-2022 07:34 GMT by Kenneth Fisher

Yen extends rally as Japan's PPI eases

The Japanese yen is taking a breather after posting huge gains on Thursday. In the European session, USD/JPY is trading at 140.30, down 0.45%. Japan's PPI declines The week wrapped up with a key inflation release.

11-11-2022 05:04 GMT by Kenneth Fisher

British pound extends rally

The British pound has extended its gains today, following a huge Thursday. In the European session, GBP/USD is trading at 1.1729, up 0.15%. US dollar crashes after soft inflation report The US dollar was in full retreat on Thursday, after the October inflation report indicated that inflation had fallen more than expected.

11-11-2022 04:15 GMT by Kenneth Fisher

Yen soars after US inflation surprise

The Japanese yen has skyrocketed in today's North American session. USD/JPY is trading at 141.81, down 3.1%. US inflation drags down the dollar The October inflation report was lower than expected, triggering a mass rush from the US dollar.

10-11-2022 12:02 GMT by Kenneth Fisher

Inflation cools, stocks post best day in two years, bye-bye king dollar, FTX debacle, cryptos rally on soft CPI

This inflation report was a nice surprise. Inflation has been very slow to come down, but this report gives up hope that this deceleration with pricing pressures might bring back hopes of a soft landing.

10-11-2022 11:30 GMT by Edward Moya

GBP/USD rockets as US inflation dips

The British pound has soared today, following the US inflation report. GBP/USD is trading at 1.1661, up a massive 2.7%. US dollar retreats as inflation falls The October inflation report was lower than what everyone had expected, which has triggered strong volatility in the currency markets.

10-11-2022 10:30 GMT by Kenneth Fisher

Aussie dips as Inflation Expectations jump

The Australian dollar has extended its losses today. AUD/USD is trading at 0.6412, down 0.29%. The US dollar has rebounded after a 3-day slide, which saw the Australian dollar climb over 200 points.

10-11-2022 04:48 GMT by Kenneth Fisher

Euro backtracks after strong rally

EUR/USD has reversed course today and is in negative territory. In the North American session, the euro is trading at 1.0043, down 0.30%. US dollar bounces back The US dollar has rebounded after a 3-day slide against the major currencies.

09-11-2022 12:01 GMT by Kenneth Fisher

Japanese yen drifting, US inflation next

The Japanese yen has steadied after posting strong gains on Tuesday. In the European session, USD/JPY is trading at 145.67, up 0.03%. Japan recorded stronger-than-expected gains in household spending and retail sales, but it's questionable whether this positive trend will continue.

09-11-2022 06:29 GMT by Kenneth Fisher

Aussie rally takes a breather

The Australian dollar is in negative territory today after an impressive rally. AUD/USD is trading at 0.6487, down 0.27%. US dollar steadies after selloff The US dollar has been in retreat since Friday, after a mixed nonfarm payroll report raised the likelihood of the Fed easing up in December and raising rates by just 0.50%, rather than 0.75%.

09-11-2022 04:58 GMT by Kenneth Fisher

Election Day, stocks rally, dollar short-covering, cryptos down on Binance rescue of FTX

US stocks rallied as Americans head to the polls in what is expected to be an election that gives Republicans control of the House. It might take longer than election night to get a final conclusion on the Senate.

08-11-2022 15:08 GMT by Edward Moya

AUD/USD resumes rally with massive gains

The Australian dollar has posted sharp gains, as the US dollar is lower against the majors in the North American session. AUD/USD is trading at 0.6542, up 0.97%. Business confidence slows to zero Australia's NAB Business Confidence for October slipped to zero, down from 5 points in September.

08-11-2022 11:43 GMT by Kenneth Fisher

Yen yawns as household spending rises

The Japanese yen continues to have a quiet week. In the European session, USD/JPY is trading at 146.34, down 0.18%. Household spending rebounds Japan's household spending bounced back in September, with its first gain in three months.

08-11-2022 06:03 GMT by Kenneth Fisher

Oil prices ease, gold eyes inflation

Oil pares gains as China Covid cases jump Oil prices are easing a little on Tuesday, a day after Brent crude came within a whisker of $100 again. It's traded below this major psychological level since July but recent developments have propelled the price higher again, up more than 20% from the September lows. OPEC+ had a big hand to play in that but speculation around China's zero-Covid commitment may also be a factor in recent gains.

08-11-2022 04:08 GMT by Craig Erlam

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