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.

Hawkish Fed, dovish BOE and Norges, signs of labor weakness, bitcoin resilience

Central bank paths are diverging and that suggests the recessions are here and that FX volatility will remain elevated. The post-Fed hangover continues to keep pressure on US stocks as the impact from the first round of hikes is finally being felt.

03-11-2022 11:46 GMT by Edward Moya

Oil slumps on demand outlook, gold hurt

Oil Crude prices are struggling as China stands by its zero-COVID policy and as global central bank tightening is crushing economic activity. Central banks are signaling that tightening is quickly cooling their respective economies, which means the short-term crude demand outlook will probably get slashed. Oil is battling both a weakening global economic outlook and a surging dollar. It seems these bearish drivers won’t be easing up anytime soon and that could mean WTI crude could be vul

03-11-2022 11:39 GMT by Edward Moya

GBP/USD plunges on Powell, BOE warning

The British pound is sharply lower today. In the European session, GBP/USD is trading at 1.1179, down 1.83%.

03-11-2022 09:24 GMT by Kenneth Fisher

NZD dives as Fed pledges more tightening

The New Zealand dollar is sharply lower today. In the European session, NZD/USD is trading at 0.5761, down 0.95%. Fed raises rates 0.75%, says more to come It was a roller-coaster day for the financial markets on Wednesday, courtesy of Federal Reserve Chair Jerome Powell.

03-11-2022 07:33 GMT by Kenneth Fisher

Fed React: Stocks volatile on Fed downshift hints, ADP impresses, Maersk and Global Trade, Oil extends rally post-Fed, Gold gains, Bitcoin still above $20k

US stocks initially popped after the Fed provided enough hints that the end of the Fed tightening cycle is nearing. Stocks could not hold up their gains as Fed Chair Powell reminded markets that inflation has been high for 18 months and that it is too early to think about pausing rate hikes.

02-11-2022 15:14 GMT by Edward Moya

Swissie drifting ahead of inflation release

The Swiss franc is showing little movement for a second straight day. In the North American session, USD/CHF is trading at 0.9993, down 0.03%. Swiss consumer sentiment remains in deep-freeze Consumer confidence fell in the October survey to -47, down from -42 in the previous quarter.

02-11-2022 12:30 GMT by Kenneth Fisher

Euro shrugs after soft manufacturing data

EUR/USD is in positive territory today. In the European session, the euro is trading at 0.9905, up 0.32%. German, eurozone manufacturing PMIs fall The manufacturing sector in the eurozone continues to struggle, as PMIs in Spain, Italy and France slowed in October and remained in contraction territory, with readings below 50.0.

02-11-2022 09:20 GMT by Kenneth Fisher

NZ dollar jumps on solid jobs report

NZD/USD is sharply higher today. In the European session, the New Zealand dollar is trading at 0.5883, up 0.71%. New Zealand employment data shines New Zealand posted a strong employment report for the third quarter, indicative of a robust labour market.

02-11-2022 08:25 GMT by Kenneth Fisher

Aussie climbs despite weak mfg. data

AUD/USD has posted strong gains today. In the European session, the Australian dollar is trading at 0.6424, up 0.48%. The Australian dollar rose as much as 0.80% after the Reserve Bank of Australia raised rates by 25 basis points on Tuesday, but couldn't consolidate and ended the day virtually unchanged. Lowe urges caution The RBA rate hike raised the cash rate to 2.85%, its highest level since April 2013.

02-11-2022 06:23 GMT by Kenneth Fisher

NZD higher ahead of employment report

NZD/USD is showing some strength today. In the North American session, the New Zealand dollar is trading at 0.5838, up 0.41%.

01-11-2022 12:40 GMT by Kenneth Fisher

Euro pares gains

EUR/USD posted strong gains earlier but was unable to consolidate. In the European session, the euro is trading at 0.9885, up 0.01%. The ECB's delivered a jumbo rate hike of 75 basis points last week, bringing the benchmark rate to 2.0%.

01-11-2022 11:39 GMT by Kenneth Fisher

Sterling sinks at start of week

After a splendid week, in which GBP/USD jumped 2.8%, the pound has reversed directions and is sharply lower today. In the North American session, GBP/USD is trading at 1.1489, down 1.07% on the day. Markets eye Bank of England The Bank of England is on track to deliver its largest interest rate hike since 1989 on Thursday.

31-10-2022 13:03 GMT by Kenneth Fisher

Aussie extends losses ahead of RBA meeting

AUD/USD is down for a third straight day. The Australian dollar is trading at 0.6395, down 0.24%. Will RBA deliver a 0.50% hike? The RBA kicks off a busy week of central bank decisions when it meets on Tuesday.

31-10-2022 09:46 GMT by Kenneth Fisher

Japanese yen falls to 148

All eyes were on the Bank of Japan rate meeting, which wrapped up on Friday. It was business as usual for the BoJ, which maintained its dovish stance.

31-10-2022 06:25 GMT by Kenneth Fisher

Is Swiss franc headed to parity?

The Swiss franc is in negative territory for a second straight day. In the European session, USD/CHF is trading at 0.9975, up an impressive 0.69% on the day. Swissie weakens on KOF barometer The KOF Economic Barometer decreased in October to 90.9, down from 92.3 in September.

28-10-2022 09:17 GMT by Kenneth Fisher

Canadian dollar slips ahead of GDP

The Canadian dollar is lower today. In the European session, USD/CAD is trading at 1.3617, up 0.39%. Markets eye Canada's GDP The week wraps up with Canada's GDP for August.

28-10-2022 07:44 GMT by Kenneth Fisher

Yen slips after BoJ holds the course

USD/JPY has posted strong gains today. In the European session, the yen is trading at 147.42, up 0.78%. BoJ maintains policy All eyes were on the Bank of Japan, which wrapped up a crucial 2-day policy meeting on Friday.

28-10-2022 03:22 GMT by Kenneth Fisher

Asia Open: Mega-Cap Disappointment, Apple/Amazon Results, Commodities Brief, Cryptos edge lower

Mixed mega-cap tech earnings won’t provide Asia with a boost. A lot went wrong for big-tech today; Apple’s holiday outlook underwhelmed, inflation pain is more noticeable, and unfavorable exchange rates will hurt future sales. The news was not all terrible for Intel shares after posting solid results alongside the announcement of a cost-cutting plan that will save $10 billion by the end of 2028. The key theme across this round of mega-cap results is that an earnings slump is here as inflation

27-10-2022 21:21 GMT by Edward Moya

Super Thursday! Massive earnings day, US GDP, ECB raises rates, FX, crypto momentum stalls

US stocks are struggling for direction after a mixed bag of earnings was accompanied by economic data that supports the idea that the economy is weakening. It looks like the economy is still headed for a recession, but that might reinforce Fed pivot calls which still seems to be driving some inflows back into equities.

27-10-2022 12:28 GMT by Edward Moya

Japanese yen hits 3-week high as BOJ meets

USD/JPY is showing little movement today, after gaining 1% on Wednesday. In the European session, USD/JPY is trading at 146.15, down 0.16%.

27-10-2022 09:35 GMT by Kenneth Fisher

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