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 inflation rises, but euro yawns

The euro continues to have a calm week. In the North American session, EUR/USD is showing little movement as it trades a whisker above the parity line. Eurozone inflation tops 9% Inflation in the eurozone continues to move higher.

31-08-2022 09:49 GMT by Kenneth Fisher

Aussie shrugs off soft construction data

The Australian dollar has stabilized today after sharp losses on Tuesday. In the European session, AUD/USD is trading at 0.6853, unchanged on the day. Construction Work Done slides Australia's construction sector continues to post soft numbers this week.

31-08-2022 08:03 GMT by Kenneth Fisher

Oil edges lower, gold slips

Oil edges lower but Saudi comments are still supportive Oil prices are a little lower again for a second day after spiking earlier in the week. It's a little indicative of the mood in the rest of the markets at the moment and the lack of certainty.

31-08-2022 06:15 GMT by Craig Erlam

Japanese yen ticks higher on strong data

After starting the week with sharp losses, the Japanese yen has settled down. In the European session, USD/JPY is showing limited movement, trading at 138.66. Japanese data improves Japan posted solid numbers today, as retail sales and industrial production both improved in July.

31-08-2022 05:17 GMT by Kenneth Fisher

Oil slumps, gold slides as risk aversion firmly in place

Oil Oil prices declined as the global growth outlook continues to deteriorate and as geopolitical risks have yet to lead to any disruptions for crude exports. To start the trading week, it seemed energy traders were anticipating some disruptions from either Iraq or Libya and so far that doesn’t seem to be the case. Today, everything seems to be turning bearish for oil: First, global markets still have a Fed headache that has everyone bracing for further pain for households and businesses.

30-08-2022 13:05 GMT by Edward Moya

British pound can't find its footing

Sterling falls to 2.5 year low The British pound is down sharply today as the downward trend continues. In the North American session, GBP/USD is trading at 1.1629, down 0.65%.

30-08-2022 12:39 GMT by Kenneth Fisher

Euro steady as German inflation accelerates

EUR/USD has edged higher for a second straight day, but has pared today's gains. In the North American session, EUR/USD is trading at 1.007, up 0.09%. German inflation rises to 7.9% German CPI is estimated to have climbed to 7.9% YoY in August, up from 7.5% in July and above the forecast of 7.8%.

30-08-2022 10:33 GMT by Kenneth Fisher

Swiss franc falls to 5-week low

USD/CHF is up for a third straight day. In the European session, the pair is trading at 0.9717, up 0.36%.

30-08-2022 08:50 GMT by Kenneth Fisher

Oil prices dip, gold under pressure

Saudi Arabia reinforces support Oil prices are easing a little with Brent potentially settling around $100 and WTI a little below around $95. While there remain many moving parts in the oil market at the moment, the comments last week from Saudi Arabia have reinforced support below the current price. It seems OPEC+ isn't interested in the oil price slipping much below $100 a barrel and while those warnings would be put to the test in the event of a nuclear deal, which still looks very challengin

30-08-2022 08:30 GMT by Craig Erlam

USD/JPY stabilizes after hitting 139

The Japanese yen is in positive territory today after starting the week with sharp losses. USD/JPY is trading at 138.22, down 0.34%. Japan releases a host of events on Wednesday, including retail sales and consumer confidence.

30-08-2022 05:06 GMT by Kenneth Fisher

Gold benefits on dollar rally break, oil rises

Gold edges higher as dollar rally halts Non-interest-bearing gold got crushed early as more global central bank rate hikes are getting priced in. Gold is edging higher as the dollar rally halted as the euro rises on expectations the ECB will deliver more rate hikes than investors initially thought.

29-08-2022 11:47 GMT by Edward Moya

NZD/USD falls to 6-week low

NZD/USD has stabilized today after ending the week with sharp losses. In the North American session, NZD/USD is trading at 0.6149, up 0.22% on the day.

29-08-2022 11:22 GMT by Kenneth Fisher

Euro rises to parity as ECB hints at 75bp hike

EUR/USD has edged higher today and is trading at the parity line. In the North American sesssion, EUR/USD is trading at 1.0019, up 0.57%. Euro bucks the trend, rises against greenback The US dollar has posted sharp gains against the major currencies, as Fed Chair Powell's hawkish speech at Jackson Hole left no doubt that the Fed will continue to tighten rates in its titanic battle with surging inflation.

29-08-2022 10:31 GMT by Kenneth Fisher

Yen slumps as Powell pledges tighter policy

The Japanese yen has started the week with sharp losses, with USD/JPY rising as high as 139.00 earlier today. In the European session, USD/JPY is trading at 138.52, up 0.75%. The month of August can't end soon enough for the yen, as USD/JPY has climbed 4.0%.

29-08-2022 07:58 GMT by Kenneth Fisher

Aussie tumbles after hawkish Powell

The Australian dollar has started the week in negative territory, extending the sharp losses seen on Friday. In the European session, AUD/USD is trading at 0.6849, down 0.63%. US dollar flies after Powell's rate remarks The US dollar ended the week on a high note, courtesy of Fed Chair's hawkish speech at the Jackson Hole Symposium on Friday.

29-08-2022 04:58 GMT by Kenneth Fisher

Week Ahead - Fed needs more data

What will the jobs report tell us? The build-up to the Jackson Hole symposium last week was quite tense. Investors have spent the weeks since the July Federal Reserve meeting celebrating the "dovish pivot" and then in the days leading up to Powell's speech, doubt started to creep in.

26-08-2022 15:19 GMT by Craig Erlam

Jackson Hole Reaction: No doves allowed, ECB hike expectations rise, Oil slumps, Gold lower, Bitcoin dips below $21k

US stocks declined after Fed Chair Powell delivered a short and clear message that they will continue to raise rates and hold them at a higher level until they are confident inflation is under control. The market reaction was for rate cuts to get priced further out and a minimal boost for additional pricing to get done before the end of the year. Powell is not budging on having restrictive policy and that should mean the economy will steadily weaken going forward. Powell drove home the point t

26-08-2022 11:19 GMT by Edward Moya

Euro edges up to parity ahead of Powell

EUR/USD has edged higher today and is trading at the parity line. It could be a volatile North American session, with Fed Chair Powell addressing the Jackson Hole central bank conference. German consumer confidence slides Germany posted another soft release today in what has been a miserable week.

26-08-2022 07:55 GMT by Kenneth Fisher

Oil stable at $100, gold eyes Powell speech

Oil steadies around $100 Oil prices are a little higher, with Brent hovering around $100 a barrel and WTI above $93. It's been well supported this week by comments from Saudi Arabia Energy Minister Abdulaziz bin Salman, who claimed there's a disconnect between market pricing and fundamentals, suggesting OPEC+ could cut output in the future. Suddenly the prospect of a nuclear deal between the US and Iran, or a global growth slowdown, isn't quite the bearish development for oil that many hoped.

26-08-2022 06:56 GMT by Craig Erlam

All eyes on Jackson Hole

The day we've all been waiting for has finally arrived as Jerome Powell prepares for his keynote speech at Jackson Hole. I have no doubt Powell will have chosen his words very carefully today, all too aware of the consequences of even the smallest deviation in his intended message. It's a little ridiculous that markets put so much weight on such things but that is the situation we are in and I expect the Fed Chair will be very clear in the message he wants to send. The difficulty for Powell stem

26-08-2022 06:45 GMT by Craig Erlam

1 … 194 195 196 … 241