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 after optimistic RBA minutes
The Australian dollar has reversed directions and is in positive territory on Tuesday. AUD/USD is trading at 0.7154 in the European session, up 0.37% on the day. RBA preaches patience on rate hikes The RBA released the minutes of the February meeting earlier today, providing a welcome distraction from the incessant news from the Ukraine.
by Kenneth Fisher
Euro extends losses on Ukraine crisis
The euro has started the week in negative territory, after sharp losses on Friday. EUR/USD is struggling to remain above the 1.13 level. Last ditch efforts to avert war The crisis on the Ukraine/Russia border has reached a fever pitch, with the US saying it expects an invasion as early as Wednesday.
by Kenneth Fisher
Yen extends gains on Ukraine tensions
The yen has started the trading week with gains, with USD/JPY trading just above the 115 line in the European session. Yen rises on Ukraine worries The crisis on the Ukraine/Russia border continues to dictate movement in the global financial markets. Hopes that the situation might be solved diplomatically deteriorated after the US said it expected an invasion on Wednesday and ordered military and diplomatic personnel to evacuate Ukraine.
by Kenneth Fisher
GBP/USD - Can it break 1.37?
A major barrier of resistance The next week could be really interesting for cable, with the Fed and BoE being among the two most aggressive central banks and inflation in both countries continuing to rise rapidly. The pair ran into resistance last month around 1.37, where the 200/233-day SMA band crossed the 50 fib level to provide a considerable barrier of resistance. It's been on the rise again over the last couple of weeks but the past five days has seen more volatility than direction. B
by Craig Erlam
US Close: Wall Street rattled on reports US expects Russia to invade Ukraine next week. Yen, Oil, and Gold pop higher, while Stocks, yields, and Bitcoin drop
Wall Street has an inflation hangover as higher rates continue to drag tech stocks down.  US stocks were trying to stabilize as yields came in. Yesterday’s inflation shocker has many bond traders believing the Fed is behind the curve and will be delivering several rate hikes.  Many Fed members feel inflation will meaningfully decelerate later this year and that is why calls for seven rate hikes might be too aggressive. US stocks were supposed to have a period of calm this afternoon as Treasury
by Edward Moya
NZD dips as inflation expectations rise
The New Zealand dollar is down 0.38% on the day, as it trades at 0.6650 in the European session. NZD/USD went for a ride on Thursday, rising close to 1% before retreating and giving up these gains. This was a common thread for most of the major currencies, as the US dollar softened after the hot US inflation report but managed to recover most of these losses by the end of the day. RBNZ Inflation Expectations rises New Zealand has not been immune to surging inflation.
by Kenneth Fisher
Pound yawns after UK GDP as expected
The pound is slightly lower on Friday, after taking investors on a roller-coaster ride a day earlier. GBP/USD was up over 100 points on Thursday after the US inflation report, but the pound surrendered almost all of these gains later in the day. The UK treated the markets to data dump on Friday, but the pound shrugged.
by Kenneth Fisher
NZD rises, inflation expectations looms
It has been a banner week for the New Zealand dollar, which has climbed 1.79% and gained over a cent. The US dollar is broadly lower on Thursday, and NZD/USD has gained 0.71% on the day, after posting gains every day this week. New Zealand has been hit with high inflation as the country continues to emerge from Covid.
by Kenneth Fisher
Pound jumps as US inflation jumps
The British pound finally woke up this week and has punched past the 1.36 level. GBP/USD is trading at 1.3615, up 0.78% on the day. The highly anticipated US inflation reading did not disappoint, coming in a 7.5% y/y for January.
by Kenneth Fisher
Canadian dollar edges higher
The Canadian dollar has posted slight gains on Wednesday. There are no Canadian tier-1 events on the calendar this week, so we can expect US releases will have a magnified impact on the movement of the Canadian dollar this week. With the Fed poised to launch a series of rate hikes starting in March and inflation surging in Canada, it's unlikely that the Bank of Canada will simply fold its hands.
by Kenneth Fisher
Australian dollar pauses after strong gains
The Australian dollar is showing limited movement on Tuesday, after posting sharp gains at the start of the week. In the North American session, AUD/USD is trading at 0.7133, up 0.10% on the day. There are no tier-1 events out of Australia this week, but the data released this week is pointing upwards.
by Kenneth Fisher
US Close: Slow Start for Stocks, Lagarde pushes back, Oil rally pauses, Gold rallies, Bitcoin momo is back
US stocks will struggle for direction until the latest inflation tilts market’s expectations as to how aggressive the Fed will tighten into what is still deemed as an overvalued stock market.  Wall Street saw early selling pressure for tech stocks as investors still digest a wrath of disappointing outlooks and surging borrowing costs. Technology stocks are no longer a one-way trade as investors cut losses and now focus on valuations, competition, and long-term outlooks. FX Financial markets are
by Edward Moya
Cdn. dollar rebounds after soft job data
The Canadian dollar has started the week with strong gains, recovering after sharp losses at the end of the week. There are no Canadian tier-1 events on the calendar, so US numbers will have a magnified impact on the movement of the Canadian dollar. The US nonfarm payrolls outperformed in spectacular style, posting a gain of 467 thousand jobs in January.
by Kenneth Fisher
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