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.

US dollar bounces back

US dollar climbs on CPI, risk aversion The US dollar rebounded sharply after 40-year highs in inflation data and as risk sentiment soured once again over Easter Europe and the news tickers remained quiet on OPEC+ increases. US long-dated yields resumed their climb, despite a well-bid 30-year auction overnight, providing more support to the greenback.

11-03-2022 04:07 GMT by Jeffrey Halley

Stocks sink as high-level talks disappoint, inflation at highest in 40 years, ECB to end QE sooner, bitcoin falls

US stocks declined after both high-level talks did not produce a stop in fighting and as investors worry that war in Ukraine could lead to higher inflation for much longer. Today’s inflation report showed widespread pricing pressures before the full impact of the global shock from the Russian invasion of Ukraine. Energy costs, soft commodities, and metals will continue to see upward pressure and that will start to be sticky as wages soften.

10-03-2022 16:16 GMT by Edward Moya

Pound falls, US inflation jumps

GBP/USD has reversed directions on Thursday, giving up most of the gains from a day earlier. In the North American, session, GBP/USD is trading at 1.3132, down 0.41% on the day. US inflation accelerates to 7.9% In the US, headline CPI continued to accelerate, with a gain of 7.9% for February YoY.

10-03-2022 11:03 GMT by Kenneth Fisher

Dollar pushes wobbly yen above 116

The Japanese yen continues to lose ground to the US dollar. USD/JPY has climbed above the 116 line for the first time since early February.

10-03-2022 09:54 GMT by Kenneth Fisher

Euro rally pauses as ECB stays pat

ECB maintains interest rates, reduces APP The ECB held its key interest rate at 0.00% at today's meeting, as was expected. The central bank reduced purchases under the Asset Purchase Program (APP), which had been set in February at EUR 40 billion throughout the second quarter.

10-03-2022 07:53 GMT by Kenneth Fisher

US dollar retreats on Ukraine hopes

US dollar eases In keeping with the price action in other asset classes, the US dollar staged a sharp retreat overnight on Ukrainian and energy hopes. The dollar index tumbled by 1.10% to 98.00, before creeping up with oil prices this morning to 98.13.

10-03-2022 05:42 GMT by Jeffrey Halley

Sterling moves higher as dollar dips

The British pound is in positive territory, as the US dollar has retreated against the major currencies for the first time in five days. GBP/USD is trading at 1.3169 in the North American session, up 0.52% on the day. The US dollar has had its way with the pound in recent sessions, but GBP/USD has reversed directions today.

09-03-2022 11:36 GMT by Kenneth Fisher

Euro surges on broad dollar retreat

The euro has posted sharp gains and punched above the symbolic 1.10 level. In the North American session, EUR/USD is trading at 1.1031, up 1.24% on the day. We continue to see significant volatility in the currency markets. The euro plunged 3.0% per cent last week but has reversed directions, as the US dollar has dropped against the major currencies today for the first time in five days.

09-03-2022 09:58 GMT by Kenneth Fisher

NZ dollar climbs on sharp mfg. data

The New Zealand dollar has posted strong gains on Wednesday. NZD/USD is trading at 0.6841 in the European session, up 0.55% on the day. Manufacturing Sales surge in Q4 Manufacturing Sales were outstanding in the fourth quarter, with a gain of 12.0%. This marked an impressive rebound from the -2.3% reading in Q3.

09-03-2022 07:55 GMT by Kenneth Fisher

NZD extends losses ahead of mfg. sales

The New Zealand dollar is trading lower on Tuesday, after starting the week with considerable losses. NZD/USD is trading just above the 0.68 line in the North American session. Investors are keeping an eye on New Zealand Manufacturing Sales, which will be released later in the day.

08-03-2022 12:00 GMT by Kenneth Fisher

Euro finds its feet

The euro has been having a rough time of late and plunged 2.96% last week. EUR/USD started the week with more losses but finally found its feet today.

08-03-2022 10:11 GMT by Kenneth Fisher

US dollar holds onto overnight gains

Risk aversion providing support to US dollar The US dollar held onto most of yesterday’s early-session gains overnight, boosted by a rise in US yields in New York, as investors continue to pour haven flows into the greenback. The huge rallies in commodity prices are also supportive, with a large portion of that international trade priced in US dollars. The dollar index finished 0.74% higher at 99.24 overnight, with some profit-taking pushing it slightly lower to 99.16 in Asia as the news ticke

08-03-2022 04:16 GMT by Jeffrey Halley

NZ dollar slips, mfg. sales next

The New Zealand dollar has started the week in negative territory. NZD/USD is down 0.50%, and is trading at 0.6825 in the North American session. The currency enjoyed its best week since August 2021, with gains of 1.75%.

07-03-2022 12:48 GMT by Kenneth Fisher

Aussie coming off sizzling week

Aussie rally ends The Australian dollar has taken a breather, as it trades just slightly below the 0.74 line. AUD/USD has posted small losses on Monday, after posting impressive gains of 2% last week. The war in Ukraine has dampened risk appetite, which in normal times would hurt the risk-sensitive Australian dollar.

07-03-2022 09:26 GMT by Kenneth Fisher

Euro decline continues

The euro is coming off a nasty week and has continued its downswing on Monday. EUR/USD fell 3% last week and the pair has dropped 0.9% on Monday, to 1.0830.

07-03-2022 05:56 GMT by Kenneth Fisher

US dollar climbs as risk appetite sinks

US dollar rises on geopolitical/economic nerves The US dollar rose into the end of the week on Friday as investors loaded up on weekend risk protection. Nothing has changed over the weekend to alter the need to hold US dollars; if anything, with the US seemingly about to ban Russian oil imports, and no good news from Ukraine, the situation has hardened. The dollar index has risen by 0.57% this morning to 99.06, but the US dollar pain has been unevenly spread.

07-03-2022 04:27 GMT by Jeffrey Halley

Oil price spike crushes Asian markets

Oil surges on talk of banning Russian crude Oil prices are 8.50% higher this morning in panicked early buying in futures markets after weekend reports that the US was looking at completely banning Russian oil imports, and the Russians themselves inserted some hefty last-minute demands on the US in the small print of the almost-finished Iran nuclear deal. With the latter in jeopardy, and the former sure to lead to higher domestic prices, it is no surprise that Asian traders, a region heavily rel

07-03-2022 03:57 GMT by Jeffrey Halley

EUR/USD - Further pain to come?

Sell-off accelerates in risk-averse trade The decline in the EURUSD pair has really accelerated over the last week after the West imposed severe sanctions against Russia that will have implications for the global economy, in particular Europe. Sanctions rarely work one way but they are designed to ensure the maximum and majority pain is imposed on the recipient country. Unfortunately for Europe, the recipient country is also an important trading partner and its main source of natural gas among

04-03-2022 15:18 GMT by Craig Erlam

Week Ahead - Enormous uncertainty

It's been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high around $120, and safe-haven gold came close to $2,000.

04-03-2022 12:58 GMT by Craig Erlam

Sterling slips to new 2022 low

The pound is down considerably for a second straight day and has lost over one per cent on the week. GBP/USD is trading at 1.3268, its lowest level since December 2021. In economic news, the UK Construction PMI for February accelerated to 59.1, up from 56.3 in January and easily beating the consensus of 54.3.

04-03-2022 08:19 GMT by Kenneth Fisher

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