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 remains elevated

Investors snap up safe-haven greenback The US dollar soared on haven flows as Russia commenced its invasion of Ukraine yesterday. However, DM currencies rallied later in the session after the announcement of the next tranche of Western sanctions.

25-02-2022 03:57 GMT by Jeffrey Halley

Under the bus

Nobody could complain about a lack of volatility overnight as the Russia/Ukraine sell-off staged the mother of all reversals, in equity markets anyway. Oil also reversed almost all its early session gains and gold finished lower on the day.

25-02-2022 03:39 GMT by Jeffrey Halley

US Close – Russia attack on Ukraine changes everything for Inflation/growth outlooks, Stocks rebound, Ruble pummeled, Oil volatile, Gold turns negative, Bitcoin stabilizes

Global equities were in freefall as investors fled to safe-haven assets after Russian missiles and airstrikes hit dozens of Ukraine cities. Regional warfare will intensify inflationary pressures globally as energy markets could still see another massive surge after the EU/US respond.

24-02-2022 15:18 GMT by Edward Moya

NZD plunges as Russia attacks Ukraine

The New Zealand dollar has plummeted 1.58% on the day, courtesy of the Russian invasion of Ukraine. In the North American session, NZD/USD is trading at 0.6661. US dollar surges as risk appetite evaporates The financial markets are seeing red today, but it's looking all green for the US dollar, which is broadly higher against the major currencies.

24-02-2022 12:59 GMT by Kenneth Fisher

Yen rises as Russia launches invasion

Hopes that diplomatic moves could avert a Russian invasion of Ukraine were shattered early Thursday, as Russia launched a full-scale attack. The move was not all that surprising, given the massive Russian buildup on the border with Ukraine during the past few weeks.

24-02-2022 11:20 GMT by Kenneth Fisher

Aussie slides on Russian invasion

The Australian dollar has reversed directions on Thursday, as AUD/USD is trading at 0.7172, down 0.86% on the day. Ukraine invasion sends Aussie tumbling The tense standoff between Russia and Ukraine which had been building for days exploded earlier today, as Russian forces launched an invasion of Ukraine. Details are still sketchy, but there are reports of Russian troops advancing on a number of fronts and there has been fighting around the capital Kyiv.

24-02-2022 07:27 GMT by Kenneth Fisher

US dollar soars on Ukraine invasion

Nervous investors snap up US dollars The US dollar has moved sharply higher in Asia as investors pile into US treasuries and park their funds in a defensive US dollar position. The dollar index has risen another 0.30% to 96.50.

24-02-2022 04:28 GMT by Jeffrey Halley

Euro yawns after soft German confidence data

The standoff in Ukraine continues to escalate, but the financial markets remain calm for now. The US and other western nations have slapped further sanctions on Russia after Moscow sent troops to two breakaway regions in eastern Ukraine.

23-02-2022 11:58 GMT by Kenneth Fisher

AUD extends gains, wage growth rises

Australian wage inches higher Australian wage growth edged higher in the fourth quarter, rising 2.3% YoY, just shy of the consensus of 2.4%. On a quarterly basis, wages rose 0.7%, matching the forecast.

23-02-2022 10:25 GMT by Kenneth Fisher

NZD flies as risk appetite returns

The New Zealand dollar has accelerated its rally, and is up 0.86% on the day, as NZD/USD trades just shy of the 0.68 level. Sanctions softer than expected The US and other western nations have slapped further sanctions on Russia, after Moscow sent troops to two breakaway regions in eastern Ukraine. Still, the financial markets breathed a sigh of relief as the sanctions were less severe than expected.

23-02-2022 06:15 GMT by Kenneth Fisher

US dollar holds steady

Dollar pares gains as West imposes sanctions Currency markets had plenty of intra-day volatility overnight, bounced around on Ukraine headlines and Russian sanctions. Ultimately, the softer than expected sanctions won the day and the US dollar gave back all its early session gains, with the euro and Australian and New Zealand dollars outperforming as arbiters of global risk sentiment.

23-02-2022 05:13 GMT by Jeffrey Halley

Aussie rises, wage growth next

Australian wage growth expected to rise Inflation continues to be a hot topic in Australia, and wage growth for February will be released early on Wednesday. Wage growth is expected to have risen 0.7% q/q, up from 0.6% in January.

22-02-2022 12:19 GMT by Kenneth Fisher

New Zealand dollar hits 4-week high

RBNZ poised to raise rates The last time the RBNZ held a meeting was back in November, which seems like eons ago. RBNZ policy makers will meet on Wednesday, and a rate hike is widely expected, as the RBNZ moves to normalize policy.

22-02-2022 11:32 GMT by Kenneth Fisher

Euro rises despite Ukraine escalation

Putin sends "peacekeepers" into eastern Ukraine Panicky investors? Risk-off market?

22-02-2022 06:54 GMT by Kenneth Fisher

Dollar rises on Ukraine developments

Ukraine jitters raise risk apprehension With US markets closed for a holiday overnight, volumes and volatility were muted in currency markets, sparing them the worst of the ravages seen elsewhere. Still, the US dollar did receive a modest haven bid, and the old adage of always buying US dollars in a war is as good today as it was all those decades ago when I started my trading career.

22-02-2022 04:27 GMT by Jeffrey Halley

Yen steady ahead of BoJ Core CPI

The Japanese yen has started the week quietly and is trading slightly below the 115 line. Investors eye Japanese inflation releases The focus will be on Japanese inflation indicators in the coming week, with three events on the economic calendar. Like other major economies, Japan is dealing with a rise in inflation, although the pace has been much more moderate than what we're seeing in the UK or the US.

21-02-2022 09:18 GMT by Kenneth Fisher

Pound rises on strong Services PMI

The pound has posted gains at the start of the week, punching above the 1.36 line. In the European session, GBP/USD is trading at 1.3634, up 0.35% on the day. PMIs points to UK rebound The UK economy continues to grow and has rebounded after a bump from Omicron in January.

21-02-2022 05:58 GMT by Kenneth Fisher

Dollar dips on talk of Biden/Putin meet

US/Russia summit lifts FX risk sentiment Most of the major currencies appear to be around their year-end levels as the end of the month approaches, having weathered a US dollar storm over the first five weeks of 2022. The prospect of interest rate rises outside of the US, and a stubborn long end of the US curve has seen the US dollar retreat in the past two weeks, as the kitchen sink buy-US dollar-trade was slowly squeezed out.

21-02-2022 04:19 GMT by Jeffrey Halley

The kitchen sink trade passed sooner than expected

A belated good morning from Jakarta where I am on day two of managed isolation and where, unfortunately, my hotel room’s internet ceased functioning last night. Back home in New Zealand, it’s been nearly two months since I looked at the markets closely, but the effects of the pandemic behind the Great Wall of Jacinda have been clear to see and most certainly have played out similarly in other parts of the world. The ham-fisted quantitative easing by the Reserve Bank of New Zealand has caused on

21-02-2022 04:03 GMT by Jeffrey Halley

Pound steady as retail sales rebound

UK retail sales bounce back UK retail sales rebounded in January, with a gain of 1.9% m/m, its highest monthly gain since April 2021. The increase followed a decline of 4.0% in December and beat the consensus of 1.0%.

18-02-2022 04:22 GMT by Kenneth Fisher

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