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.

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
Euro records monster week
The euro is slightly lower in Monday trading, after an outstanding week of gains. EUR/USD surged 2.71% last week, its best weekly performance since March 2020. The US nonfarm payrolls for January was a massive surprise to the upside, with a gain of 467 thousand jobs in January.
by Kenneth Fisher
Aussie rebounds on strong retail sales
The Australian dollar has started the week with gains. In the European session, AUD/USD is trading at 0.7091, up 0.26% on the day. It was shaping up to be a banner week for the Aussie, which recorded gains every day of last week until a bump at the end of the week.
by Kenneth Fisher
NFP React: Payroll Shocker, Wall Street eyes half-point March liftoff, Amazon impresses
US stocks traded mixed after a surprisingly strong employment report made some investors nervous the Fed will be forced to be much more aggressive with fighting inflation. The Nasdaq was boosted after yesterday’s flawless Amazon earnings report.  Amazon delivered strong eps and AWS revenue beats, reported a $12 billion gain from their bet on Rivian, and raised their annual Prime membership prices.  Investors care about Cloud growth and future profits and Amazon’s earnings report had all those bo
by Edward Moya
Euro rockets as Lagarde talks hawkish
The euro has posted slight gains in the European session, as it trades around 1.1450. Thursday was an absolute barn-burner, as EUR/USD surged 1.18%, its best one-day performance since December 2020. Lagarde beats a retreat on rates The ECB did not raise rates at its meeting on Thursday, but some tweaks in the statement and hawkish comments from ECB President Lagarde were enough to send the euro soaring.
by Kenneth Fisher
Aussie steady as rally fizzles
The Australian dollar headed lower earlier in the day before recovering. In the North American session, AUD/USD is trading at 0.7137, down 0.01% on the day. The RBA policy meeting went as expected, with the bank winding up its bond asset programme while preaching caution.
by Kenneth Fisher
Euro rally pauses ahead of ECB
The ECB is expected to maintain monetary policy at today's meeting, but investors have been snapping up euros ahead of the meeting, with EUR/USD up 1.26% this week. The upswing in eurozone inflation, which was reinforced by the January record-breaking CPI report, has raised expectations that the ECB will implement a rate hike before the end of 2022.
by Kenneth Fisher
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