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.

Pound steady ahead of UK GDP

The British pound is trading quietly today, after posting sharp gains on Wednesday. In the North American session, GBP/USD is trading at 1.2220, up 0.02% on the day. US inflation falls, dollar takes a tumble US inflation surprised on Wednesday, as both the CPI and the core CPI readings were lower than expected.

11-08-2022 09:49 GMT by Kenneth Fisher

Australian dollar rises to 2-month high

The Australian dollar has extended its gains today, after rising sharply on Wednesday. In the European session, AUD/USD is trading at 0.7099, up 0.26% on the day. Aussie rockets on US inflation Spectacular.

11-08-2022 05:05 GMT by Kenneth Fisher

GBP/USD soars as US inflation falls

The British pound has surged in today's North American session. GBP/USD has jumped a massive 1.20% on the day and is trading at 1.2218. US inflation underperforms The economic calendar is very light on both sides of the pond today, but that didn't matter as today's US inflation report has sent the US dollar on a nasty slide.

10-08-2022 09:19 GMT by Kenneth Fisher

Yen drifting as US inflation looms

USD/JPY continues to show little movement this week, in sharp contrast to Friday, when the pair jumped a massive 1.55%. In the European session, USD/JPY is trading at 135.02 down 0.09%. The yen had shown some strength against the dollar recently, but took a tumble after the stunning US nonfarm payroll report on Friday.

10-08-2022 07:21 GMT by Kenneth Fisher

Aussie remains calm ahead of US

The Australian dollar has posted slight gains today. AUD/USD is trading at 0.6974 in the European session, up 0.15%. Will US inflation report shake up currency markets? The economic calendar is light this week, with very few tier-1 events scheduled.

10-08-2022 06:34 GMT by Kenneth Fisher

Euro extends gains

The euro continues to move higher early in the week. In the North American session, EUR/USD is trading at 1.0240, up 0.47% on the day. The US dollar, which has been on a downward correction recently, flexed some muscles on Friday, after a superb nonfarm payrolls report, and posted broad gains. However, the gains proved to be short-lived, and the euro has now recovered all of Friday's losses. Fed officials were already pushing back against the market's perception that the rate-hike cycle was a

09-08-2022 09:47 GMT by Kenneth Fisher

Pound edges higher, markets eye US inflation

The British pound has posted slight gains today. GBP/USD is trading in the European session at 1.2106, up 0.21% on the day. The economic calendar has been light so far this week.

09-08-2022 07:43 GMT by Kenneth Fisher

Aussie rally takes breather

In the European session, the Australian dollar is trading at 0.6991, up 0.10% on the day. This follows massive gains on Monday, when AUD/USD soared 1.04% and briefly pushed above the symbolic 70 level. The US dollar's recent rally has fizzled, but don't count Uncle Sam out.

09-08-2022 05:59 GMT by Kenneth Fisher

US Close - Stock rally faded, Nvidia's warning, Oil rebounds, Gold above $1800, and Bitcoin eyes breakout

With persistent inflation and a strong labor market, the Fed is on a clear path to raise rates. This week is all about inflation and many traders are expecting to see the inflation to decelerate.

08-08-2022 16:23 GMT by Edward Moya

Euro edges higher despite soft confidence data

The euro has started the week in positive territory. In the North American session, EUR/USD is trading at 1.0217, up 0.36% on the day. The week wrapped up with a superb nonfarm payroll report, which sent the US dollar broadly higher.

08-08-2022 11:49 GMT by Kenneth Fisher

Australian dollar roars higher

The Australian dollar continues to exhibit sharp volatility. AUD/USD declined by 0.82% on Friday but has bounced back today and soared 1.15%.

08-08-2022 10:32 GMT by Kenneth Fisher

NZ dollar rebounds on inflation expectations

The New Zealand dollar has started the week with strong gains. In the European session, NZD/USD is trading at 0.6281, up 0.63% on the day. US Nonfarm payrolls send dollar higher The week ended with a bang as US nonfarm payrolls smashed it out of the ballpark.

08-08-2022 07:55 GMT by Kenneth Fisher

Week Ahead - Fear returns ahead of inflation data

Can the Fed afford to ease off the brake? The end of last week was a bit of a reality check for investors that were maybe getting a little carried away with the supposed "dovish pivot" from the Fed and turning a blind eye to the data and what central bank policymakers were saying. Perhaps the experience of the last 12 months can explain the latter but there's no ignoring the data that we saw on Friday. The US economy is certainly not behaving like it's in a recession; rather the labour mar

05-08-2022 12:10 GMT by Craig Erlam

GBP/USD slides as Nonfarm Payrolls surges

The British pound is falling sharply in the North American session, after a massively strong US nonfarm payment release. GBP/USD is trading at 1.2040, down 0.98% on the day. US Nonfarm Payrolls smashes higher It wasn't so long ago that US nonfarm payrolls was one of the most anticipated events on the economic calendar and often had a significant impact on the movement of the US dollar.

05-08-2022 08:50 GMT by Kenneth Fisher

Oil slides, gold rally continues

Oil prices slump overnight Although OPEC+ was a damp squib, rising recession fears saw oil prices slump once again overnight after a negative global outlook from the Bank of England policy meeting. Both Brent crude and WTI have now comprehensively broken lower through their 200 DMA’s, a negative technical development.

05-08-2022 04:24 GMT by Jeffrey Halley

Jeff is leaving the building

The day is finally here and today is my last markets note for OANDA. Like Elvis, I will be leaving the building, and it seemed appropriate that today’s title image is of me in my Elvis Presly jumpsuit.

05-08-2022 03:49 GMT by Jeffrey Halley

GBP/USD - UK heading for recession

OANDA Senior Market Analyst Craig Erlam discusses the moves in GBPUSD in the aftermath of the Bank of England's recession warning.

04-08-2022 14:17 GMT by Craig Erlam

Aussie edges higher, RBA statement next

The Australian dollar is slightly higher today. AUD/USD is trading at 0.6936, up 0.22% on the day. The RBA will be in focus for the second time this week, with the release of the RBA Monetary Statement on Friday.

04-08-2022 11:55 GMT by Kenneth Fisher

Stocks trade mix, BOE fearful of long recession, continuing claims rise, bitcoin stuck

Stocks continue to ignore the deepest yield curve inversion since the early 2000s. The S&P 500 index has rebounded over 13% from the June lows as many on Wall Street anticipate that the Fed will stop quantitative tightening next year and begin cutting interest rates. If the next couple of inflation and nonfarm payroll reports support the Fed pivot argument, we might stop hearing these bear market calls. Equities might struggle to keep the rally going as investors continue to see economic

04-08-2022 11:06 GMT by Edward Moya

Euro drifting continues

The euro is showing little movement for a second straight day. In the North American session, EUR/USD is trading at 1.0187, up 0.14% on the day. With a light economic calendar today in both the US and Europe, the euro is likely to continue to have a quiet day.

04-08-2022 09:55 GMT by Kenneth Fisher

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