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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.

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Peak inflation nations
Has US inflation peaked? Equity markets ex-China are rallying today as US equity futures jump in Asian trading. Overnight, US inflation hit multi-decade highs, with YOY inflation printing at 8.50%, while core inflation rose by 6.50% YOY.
13-04-2022 04:06 GMT by Jeffrey Halley
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Euro dips as German inflation soars
German data was in the spotlight on Wednesday, with the release of German inflation and ZEW Economic Sentiment. The numbers were worrying, but the euro's response was muted, as the currency trades in the mid-1.08 range. German, US inflation soars German CPI for March came in as expected, at 7.3% YoY.
12-04-2022 12:19 GMT by Kenneth Fisher
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New Zealand dollar eyes RBNZ
The New Zealand dollar is finally in positive territory on Tuesday, after posting five consecutive losing sessions. RBNZ rate decision looms The RBNZ is widely expected to increase rates from the current 1.00% at the Wednesday meeting, but by how much? Pundits are calling the rate decision a "coin toss" between a 0.25% and a 0.50% increase.
12-04-2022 08:09 GMT by Kenneth Fisher
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Will Dollar/Yen hit 130?
The Japanese yen hasn't managed a single winning session in the month of April, as the dollar has pummelled the yen over the past few weeks. Dollar/yen has climbed to 6-year highs and appears headed for even higher levels.
12-04-2022 06:29 GMT by Kenneth Fisher
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China weighs on oil, gold edges up
China growth fears continue to weigh on oil Oil prices finished sharply lower overnight, despite OPEC telling Europe they wouldn’t be pumping any more oil. Recession fears around US monetary policy and mostly, fears surrounding China’s growth outlook and its Covid zero policy, pushed oil prices down in overnight trading. Brent crude fell 2.90% to USD 99.25 overnight, while WTI fell 2.65% to USD 95.20 a barrel.
12-04-2022 05:31 GMT by Jeffrey Halley
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US yields lift the dollar
Higher US yields boost the dollar The rise in long-dated US yields overnight reversed intraday losses and lifted the greenback. The dollar index rose 0.14% to 99.98, where it remains in Asia.
12-04-2022 05:16 GMT by Jeffrey Halley
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Equities yield to bonds
US yields hit 3-year high Markets got a case of inflation nerves overnight, with long-dated US yields shooting higher ahead of US inflation data this evening. The US 2-year 10-year curve now has nearly 30 points of positive daylight in it, thankfully removing the “inverse yield curve, we’re all doomed” headlines off the front page for now.
12-04-2022 04:51 GMT by Jeffrey Halley
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Oil slumps as China struggles with COVID, gold remains volatile
Oil falls on China's Covid outbreak Oil prices headed lower as energy traders continue to price in further crude demand destruction as China's covid outbreak worsens.  WTI crude knew it was in trouble given the deteriorating crude demand outlook, a stronger dollar, and after a senior US administration official said that President Biden did not make a “concrete ask” to India to ease up their energy purchases from Russia. The oil market is getting beat up and it might take exhaustion from the stro
11-04-2022 15:08 GMT by Edward Moya
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New Zealand dollar extends slide
The New Zealand dollar remains under pressure and is in negative territory at the start of the week. Earlier in the day, NZD/USD dropped to 0.6813, its lowest level since March 16th. Markets await RBNZ rate decision The RBNZ, like many other major central banks, is finding itself playing catch-up with soaring inflation.
11-04-2022 05:29 GMT by Kenneth Fisher
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Oil falls on China fears, gold edges up
China's growth fears prompt oil selling Oil finished last week slightly higher in directionless trading. Brent crude rose 0.95% to USD 102.30 a barrel, and WTI rose 0.80% to USD 97.75 a barrel.
11-04-2022 04:22 GMT by Jeffrey Halley
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US dollar grinds higher
US dollar holds onto gains The US dollar has a choppy session on Friday, the dollar index spiking to 100.19 before retreating to finish just 0.10% higher at 99.84. In Asia, an uncertain outlook on multiple fronts has lifted it 0.10% higher to 99.93.
11-04-2022 04:03 GMT by Jeffrey Halley
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US Close - Stocks pare losses on reports ECB working on a tool to tackle yields, Canadian jobs, Oil rebounds, Gold higher, Bitcoin struggles
US stocks pared losses after reports that the ECB is working a crisis tool that could help tackle what seems to be a likely surging bond yield problem for the southern periphery.  The ECB has the hardest job of all the other major central banks and this potential tool shows they are trying to get ahead of what will be an unbalanced economic recovery once inflation eases.  Wall Street is looking at surging Treasury yields and swapping out tech stocks for more defensive plays such as energy, finan
08-04-2022 14:34 GMT by Edward Moya
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Week Ahead - Rapid tightening on the way
There has been incredible resilience in equity markets in recent weeks as central banks have ramped up interest rate expectations, particularly at the Fed, and bond markets have at times priced in a recession. While there have been wobbles in stock markets, they've quickly recovered which suggests investors may not be buying the recession warnings.
08-04-2022 10:54 GMT by Craig Erlam
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Canadian dollar steadies, job data next
The currency markets are in calm waters today, with one eye on the weekend. The Canadian dollar is no exception, as USD/CAD is unchanged, trading just shy of the 1.26 line. The Federal Reserve continues to send out hawkish feelers to the markets.
08-04-2022 07:33 GMT by Kenneth Fisher
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Japanese yen drifting at 124
USD/JPY continues to trade sideways and looks like it may drift right into the weekend. In the European session, USD/JPY is trading just above the 124 line. Japanese data mixed Japan released a data dump on Friday, but the yen wasn't biting and has shown little change.
08-04-2022 04:33 GMT by Kenneth Fisher
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Oil edges lower, gold trading sideways
Oil prices ease in Asia Oil prices traded in a USD 5.00 range overnight, but despite the overcaffeinated traders of the oil market raising their blood pressures intraday, both Brent and WTI ultimately settled almost unchanged. This is as good a reason to my readers to not get caught up in short-term market moves generally, as any.
08-04-2022 03:29 GMT by Jeffrey Halley
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Currency markets ranging
US dollar holds onto gains Currency markets had a choppy night with decent ranges seen across the majors. Ultimately though, despite all the noise, markets settled fairly close to where they had started.
08-04-2022 03:20 GMT by Jeffrey Halley
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