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.

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

Oil waiting to pop, gold enters trading range

Oil Oil’s early boost from a weakening dollar could not last as energy traders debate whether optimism was premature over an easing of Covid rules in China. Chinese officials continue to push back on the idea that a relaxation in Covid rules is coming.

07-11-2022 15:03 GMT by Edward Moya

Soaring euro punches past parity

EUR/USD has extended its impressive rally and is trading at 1.0019, up 0.60% on the day. The US dollar was broadly lower on Friday after the nonfarm payroll report and the euro rocketed 2.1%. German industrial orders rebound The week started on a high note in Germany, as Industrial Production for September rose for the first time in two months, up 0.6% MoM.

07-11-2022 12:57 GMT by Kenneth Fisher

Australian dollar rally takes a breather

AUD/USD is almost unchanged today, after sharp gains on Friday. In the North American session, AUD/USD is trading at 0.6470, down 0.02% on the day. Aussie soars after nonfarm payrolls The US dollar declined against all the major currencies on Friday, after a mixed nonfarm payrolls report left investors in a dovish mood.

07-11-2022 11:15 GMT by Kenneth Fisher

New Zealand dollar flies after US NFP

The New Zealand dollar is steady today, after ending the week with huge gains. NZD/USD is trading at 0.5934 in the North American session. US dollar slides after NFP The US dollar was broadly lower on Friday, after the nonfarm payroll report sent mixed signals about the strength of the labor market. The October reading of 261,000 was stronger than the consensus of 200,000, but it marked the smallest gain since December 2020.

07-11-2022 08:39 GMT by Kenneth Fisher

Canadian dollar soars after employment report

The Canadian dollar is almost unchanged today, trading at 1.3483. Canadian dollar flies on job gains It was a day to remember for the Canadian dollar, which rocketed almost 2% higher on Friday. The driver behind the spike was a massive gain in jobs at 108, 300 in October, up from 20,000 in September.

07-11-2022 05:54 GMT by Kenneth Fisher

Week Ahead - Control of Congress

This week will be massive for markets as investors closely watch to see how inflation moderates. In addition to watching to see if inflation comes down from a 40-year high, Wall Street will pay close attention to the midterm elections.

04-11-2022 11:36 GMT by Craig Erlam

NFP React: Stocks higher, Dollar crushed, Oil eyes $100, Gold surges, Bitcoin above $21k

US stocks went on a rollercoaster ride after another strong labor report. Stocks are rallying as Wall Street believes the Fed is on the right to bring inflation down.

04-11-2022 10:46 GMT by Edward Moya

Gold - Another crushing blow

OANDA Senior Market Analyst Craig Erlam discusses the volatility in gold around the November Federal Reserve interest rate decision.

04-11-2022 07:48 GMT by Craig Erlam

GBP/USD - Slides amid bleak forecasts

OANDA Senior Market Analyst Craig Erlam discusses the latest developments in GBP/USD as the Federal Reserve and Bank of England hike interest rates by 0.75%.

04-11-2022 07:31 GMT by Craig Erlam

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