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.

Aussie rises as RBA maintains rates

The Aussie has rebounded nicely this week, recovering half the losses from last week, when it tumbled 2.5%. AUD/USD has edged higher and is trading just below the 0.71 level in the European session. RBA holds rates, winds up QE There were no surprises from the RBA policy meeting earlier today.

01-02-2022 06:25 GMT by Kenneth Fisher

US Close: Rough waters ahead, Strong January Finish for stocks, Dollar weakens

US stocks finished the month on a nice note, but rough waters still could be ahead over global tightening pressures. Some of the smart money on Wall Street is still looking to fade every rally as valuations won’t live up to their expectations. It seems the Fed will struggle to reach a clear consensus over how aggressive the March liftoff will be, so aggressive ‘buying the dip’ won’t be happening anytime soon. Economic conditions are still looking good this year but repositioning over valuat

31-01-2022 15:06 GMT by Edward Moya

Euro takes breather after rough week

The euro is calm on Monday, after enduring a brutal week. The US dollar was broadly higher last week and steamrolled over the euro, as EUR/USD fell 1.72%.

31-01-2022 09:15 GMT by Kenneth Fisher

Swiss franc losses piling up

The US dollar was a perfect five-for-five last week, as USD/CHF rose every day of last week, surging 2.09% on the week. The upswing has continued on Monday, as the Swiss franc touched its lowest level since November 26th earlier in the day. The US dollar has shined of late as the Federal Reserve is poised to begin raising rates.

31-01-2022 08:29 GMT by Kenneth Fisher

Canadian dollar starts week higher

It was a week to forget for the Canadian dollar. USD/CAD jumped 1.51%, marking the Canadian dollar's worst weekly performance since mid-August.

31-01-2022 06:22 GMT by Kenneth Fisher

Aussie storms higher, RBA next

We continue to see significant volatility from the Australian dollar. Last week, AUD/USD plunged 2.51%, its worst week since mid-August.

31-01-2022 04:46 GMT by Kenneth Fisher

Week Ahead - RBA, BOE, ECB, OPEC+, and NFP in focus

After a rollercoaster January, Wall Street is now expecting the Fed to aggressively raise interest rates over the course of the year as they scramble to control inflation. The US dollar is once again king as most economists are now expecting the Fed to deliver anywhere between 3-7 rate hikes this year. The upcoming week is filled with a few big rate decisions from the RBA, BOE, and ECB.

28-01-2022 16:29 GMT by Edward Moya

NZ dollar extends slide - how low will it go?

New Zealand dollar slides to 4-month low The New Zealand dollar is in trouble. NZD/USD is down 0.57% on Friday, after posting losses for six consecutive days.

28-01-2022 07:53 GMT by Kenneth Fisher

US dollar pummelling Swissie

The US dollar is running roughshod over the Swiss franc this week. USD/CHF has shot up 2.16% this week, rising to its highest level since November.

28-01-2022 04:34 GMT by Kenneth Fisher

US Close: Sell the Rally, Tesla falls 10%, King dollar

Market volatility is not going away anytime soon as the ‘buy the dip’ crowd has a new motto, ‘sell the rally’. Today’s stock market rally did not last as corporate America reminded us that supply chain troubles persist, and profit forecasts are not providing any reasons to be optimistic. Many traders are still processing what happened yesterday with the Fed and the reality is that they missed an opportunity. It is hard to aggressively maintain a bullish stance with equities when you know the

27-01-2022 16:35 GMT by Edward Moya

Pound extends losses to 4-week low

The US dollar has posted strong gains against the majors on Thursday, and GBP/USD has fallen 0.64% on the day, trading below the 1.34 line. It has been a dismal week for the pound, which has lost 1.29% in value. Powell powers the US dollar upwards The FOMC didn't make any changes to policy at Wednesday's meeting, but what the Fed said and didn't say was enough to cause more volatility in the fragile financial markets.

27-01-2022 12:38 GMT by Kenneth Fisher

Euro rattled as Fed sends hawkish message

What started off as a calm week has turned into a rout. The euro is down 0.83% in the North American session and has fallen into 1.11 territory for the first time since June 2020.

27-01-2022 09:23 GMT by Kenneth Fisher

BoC and Fed send CAD for a ride

USD/CAD has edged higher on Thursday and briefly pushed above the 1.27 line for the first time in three weeks. The Canadian dollar continues to lose ground and is down 1% this week. Wednesday was a busy day on the central bank watch, with both the Bank of Canada and the Federal Reserve holding meetings. The BoC meeting was live, with analysts split as to whether the bank would raise rates.

27-01-2022 07:18 GMT by Kenneth Fisher

NZD falls to 11-week low on hawkish Fed

The New Zealand dollar is in negative territory on Thursday, after posting five straight losing sessions. In the Asian session, NZD/USD fell below the 0.66 line for the first time since November 2nd and is down 0.40% on the day. New Zealand CPI hits 5.9% New Zealand consumer inflation surged to 5.9% in Q4, up from 4.9% in the third quarter.

27-01-2022 05:34 GMT by Kenneth Fisher

Fed and BOC Day: Fed sets up March Liftoff, Balance Sheet later, BOC holds

Fed Day: US stocks gave up earlier gains as Treasury yields surged after Fed Chair Powell signaled they will use their tools to make sure inflation does not become entrenched, paving the way for a March liftoff. Earlier, the stock market may have gotten too pessimistic and priced in too much of a slowdown that was going to come from an aggressive Fed tightening cycle.

26-01-2022 16:04 GMT by Edward Moya

GBPCAD - Jumps as BoC resists raising rates

No breakout yet, though The pound has been range-bound against the Canadian dollar for the last week and that remains the case so far today, despite the Bank of Canada holding off on raising interest rates. It had been expected to start the tightening cycle today, with the market's pricing in up to five more over the course of the year after inflation hit a 30-year high and the labour market improved. But with the central bank taking a more patient approach and instead laying the foundations

26-01-2022 11:58 GMT by Craig Erlam

Pound steady ahead of FOMC

The British pound has ticked higher, trading just above the 1.35 line in the North American session. We could see stronger movement from GBP/USD later today, after the release of the FOMC policy decision. The British pound is sensitive to risk, so a strong reaction from the financial markets will likely be reflected in the pound's movement as well. Investors are keeping both eyes on the FOMC policy meeting, although policy makers are not expected to make any changes in monetary policy.

26-01-2022 11:44 GMT by Kenneth Fisher

NZ dollar flat ahead of CPI and the Fed

It has been a quiet week for the New Zealand dollar, but that could change later in the day, with two key releases. The Federal Reserve holds a policy meeting and New Zealand releases CPI for the fourth quarter. The currency markets have been steady this week, in contrast to the equity markets, which have seen sharp drops ahead of today's FOMC meeting, the first in 2022.

26-01-2022 09:46 GMT by Kenneth Fisher

Canadian dollar rises ahead of BoC decision

The Canadian dollar is usually sleepy before the North American session. Today has been unusual, with the currency showing recording steady gains in the Asian and European sessions.

26-01-2022 05:53 GMT by Kenneth Fisher

Euro drifting ahead of FOMC meeting

The euro continues to have a quiet week and is trading just shy of the 1.13 level. All eyes on FOMC It has been a calm week for the euro, but that could change later today when the FOMC releases its policy decision. Fed policy makers are in an unenviable position, as they strive to find that proper balance between responding to the inflation threat while also being careful not to be overly aggressive in raising interest rates. If the markets feel that the Fed has not achieved this delicate ba

26-01-2022 04:08 GMT by Kenneth Fisher

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